All the talk about whether Mark Carney will leave the Bank of England in 2019 or not has ended, the current Bank of England governor has extended his stay at the central bank until January 2020 as Chancellor Philip Hammond announced it on Tuesday...
Read MoreBy Deepta Bolaky After a Liberal leadership crisis hit the Australian dollar last week, the victory of former Treasurer, Scott Morrison brought some relief to the markets given that he was the most market-friendly option. This week the Aust...
Read MoreCentral Bank Interest Rates By Klavs Valters A central bank's interest rate is a rate at which it typically lends money to local banks. This interest rate is charged by nations’ central or federal banks on loan advances to control the money s...
Read MoreFederal Budget 2018: A Mixed Reaction By Deepta Bolaky Treasurer Scott Morrison handed down his third incorporating tax cuts, superannuation benefits, aged care spending and significant infrastructure spending. The highlight is its plan to hand...
Read MoreWorld's Largest Banks By Klavs Valters Banks play a significant role in our day-to-day lives and as the global economy continues to expand year-on-year, they will continue to do so. Even though the United States has the largest economy by Gross...
Read MoreThe Bank of England on the 3rd August, will announce whether they will increase, decrease or maintain the key interest for the United Kingdom. In this article we will look ahead with some industry experts and see how the UK economy performed last qu...
Read MorePost Fed Rate Hike March 15th 2017 - The United States Federal Reserve (Fed) raised borrowing costs for the third time since the end of the financial crisis. An event so widely predicted that Bloomberg's World Interest Rate Probability was pegged at...
Read MoreUpcoming News » 9:00pm BOE Inflation Report - GBP » 9:00pm MPC Official Bank Rate Votes - GBP » 9:00pm Monetary Policy Summary - GBP » 9:00pm Official Bank Rate - GBP » 9:30pm BOE Gov Carney Speaks - GBP » 10:30pm Unemployment Cl...
Read MoreUpcoming News » 6:30pm Construction PMI - GBP » No release time, GDT Price Index - NZD As expected the RBA cut interest rates by 25 basis points. The AUDUSD dropped on the news but has retraced most of its drop. The AUDUSD lost 54 pips to .7...
Read MoreLast night the Swiss National Bank and the Bank of England kept rates on hold, which was expected. The CPI data came out worst than expected but no big surprises. We also had the Philly Fed manufacturing index, which was much better than expected a...
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