Bank of England (BOE)

To gain an edge, this is what you need to know today. AI Memory Sold Out Please click here for an enlarged version of the chart of Micron Technology Inc (NASDAQ: MU). Note the following: This article is about the big picture, not an individual stock. The chart of MU stock is being...

Revolut, the UK-based neobank that offers crypto trading as part of its financial app, may have its application for a banking license rejected by the Bank of England, according to a report in The Telegraph. The BOE has told the UK Treasury that it's planning to reject Revolut's application...

UK inflation slightly beat expectations with 1.9% YoY.  The BOE has yet another reason to raise rates. Brexit is in the way of everything, so a decision will have to wait. The deceleration in inflation may have ended, or at least paused. The UK reported a slight acceleration from 1.8% to 1.9...

Brent crude oil traded just below $110 on Friday morning after better than expected economic data eased future demand worries. The commodity traded at $109.48 at 9:06 GMT on Friday morning. This week several of the world's largest central banks held their policy meetings, all of which concluded...

Futures Rise Into Payrolls, Central Bank Guidance As Metals Plummet U.S. equity futures rose into the much anticipated Employment Situation Report. Non-Farm Payrolls are expected to have gained 161 thousand in June, below the pace set in May, but the unemployment rate is expected to tick down to 7...

Growth was surprisingly low at 0.1 per cent during the final three months of 2009 . Experts had predicted that the economy would grow by 0.4 per cent or more. Although the 18-month recession has now technically ended, the lacklustre performance alarmed financial experts, raised fears of a further...

The euro remained under heavy pressure on Wednesday, dropping to a 5-month low against the dollar amid growing speculation that the interest rate gap between the EU and other major nations may narrow instead of widen in 2010. For months, the euro was supported by bets that ECB policy makers would...

Mervyn King, the Governor of the Bank of England, is confident that inflation will fall back to the 2 per cent target in the medium term despite surging to 2.9 per cent in December, up from 1.9 per cent in November. Speaking at the University of Exeter this evening, Mr King said that the rise in...

The Bank of England held interest rates steady at 0.5 percent and also left its 200 billion pound ($325 billion) asset purchase program unchanged on Thursday, a widely anticipated move amid recent improvement in the British economy. The decision by the bank's Monetary Policy Committee to stay its...