The Bank of England's latest monetary policy meeting shows that they will keep their interest rate at 0.5 percent. Adam Cole, head of currency strategy at RBC weighs in, adding that the next "stumbling block for U.K. policies" will be wage negotiations.» Read More
Bank of England governor Mervyn King and his deputy Paul Tucker are going to be in front of the Treasury Select Committee the Libor scandal isn't officially on the agenda but clearly that is going to come up and may have implications for central bank succession planning. Catherine Boyle has more.
The softening global economy is leading central banks to cut rates, and that could change your carry trade strategy.
On Thursday, many investors were baffled by the price action in the S&P, which traded in the red, despite catalysts that should have been bullish. What gives?
The European Central Bank needs to go beyond lowering interest rates – which has already been priced in by markets – to boost growth and authorities may be better off ramping up their asset-purchasing programs instead, economists tell CNBC.
Ready for another employment report? This strategist has a trading plan.
"People are going into it with very low expectations," says Jim O'Neill, Goldman Sachs Asset Management chairman, providing a preview of this week's European summit.
The Bank of England needs to pump at least another 50 billion pounds ($77.8 billion) into Britain’s “stalled” economy, says David Miles of its interest rate-setting committee, warning that only a “substantial” third round of emergency bond-buying will kick-start recovery, the Financial Times reports.
Despite the ongoing turmoil in Europe, the euro has fared well in June - but this strategist says the party is just about over.
So euro zone members want to bring down borrowing costs in Europe? Good idea. That was the one tangible idea from the G20 meeting, but unfortunately they didn't say how that would be accomplished.
The euro lifts, and British pound slips, and the Afghan currency don't get no respect — it's time for your FX Fix.
The Bank of England is on the verge of approving another round of monetary stimulus, with Governor Mervyn King supporting an extra 50 billion pounds ($78.5 biillion) of gilt purchases, minutes to its June 6-7 policy meeting showed on Wednesday.
"We definitely are at the Bank of England we saw three measures announced last week, In the US it is a bit less clear I think we probably won't have full-fledged QE but we could get some more asset purchases at the long end," Sir John Gieve, former deputy governor at the Bank of England, told CNBC.
The Federal Open Market Committee is beginning a two-day meeting, and these strategists have a trading plan.
Officials brace for the Greek election and it's tax time in Russia — time for your FX Fix.
What could happen if the central banks coordinate to provide liquidity? Peter Boockvar, Miller Tabak and Dan Greenhaus, BTIG, weigh in. "This reminds me of that magic candle that you blow out and it flares back up again" says Boockvar.
Stimulus hopes lift the euro and China's rate cut makes the Aussie jump - it's time for your FX Fix.
Mansoor Mohi-uddin, Chief Currency Strategist, UBS Investment Bank, says that the Bank of England will embark on a third round of quantitative easing by August.
The Bank of England's monetary policy committee is meeting this week, and if they do what this strategist expects, he's got a trade for you.
On the same day official figures showed the biggest slide in retail sales figures in two years and one member of the Bank of England’s interest rate-setting committee indicated it would restart its asset purchase program if the economy weakened significantly, 10-year sovereign debt yields fell to record lows.
As Greece's problems mount, the euro has been breaching new levels, but this strategist says it's no time to be contrarian.