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BoE keeps Bank Rates steady

Sterling fell versus the Dollar from 1.6433 to 1.6411.  Monetary Policy Committee at the Bank of England decided to keep Bank Rates the same at 0.50%; as released minutes ago.  Everything was as...

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UK Inflation Report

Today The Bank of England released its quarterly report, which includes the BOE's projections for inflation and economy growth over the next 2 years. The prospects for the UK economy hace worsened. The...

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Global Central Bank Announce.

ECB,FED,BoJ,BOC,SNB,BOE and Bank of Canada lowered SWAP rates by 50bp starting from 5th December.

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Is the BOE or ECB going to surprise?

All the markets today waited in anticipation for decisions of Bank of England and European Central Bank about their interest rate. The BOE kept its key lending rate at the same, unchanged since March...

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U.K.Construction PMI, Net Lending to Individuals

According to Markit British construction sector activity increased in December. Construction PMI in U.K. grew by 0.9 points in December from 52.3 in November. Index improve was a surprise for analysts,...

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BOE and ECB left their benchmark interest rate unchanged…..

The BOE as well as ECB decided to keep their key interest rate unchanged for the next time. U.K’s 0.50% rate reminded at this level since March 2009. Bank announced also increase in its assets purchase...

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BOE and ECB monetary policy

As expected European Central Bank and Bank of England left their key interest rates unchanged. The BoE’s Monetary Policy Committee decided today that bank’s official interest rate will remain at 0.50%...

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U.K: Inflation eased down to 3.4% in February

According to Office for National Statistics inflation level in U.K. decline to 3.4%, as expected. January’s reading showed CPI at 3.6%. The seasonally adjusted Consumer Price Inflation increased by...

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U.K: Mortgage approvals

According to Bank of England number of mortgage approvals in U.K. reached a bit over 44 000 last month. It is the lowest amount of granted loans in almost two years. Data for May was also revised today...

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ECB left its key interest rate unchanged…

Council of the European Central Bank (ECB) left key interest rates unchanged – the bank said in a statement. Benchmark refinancing rate is 0.75 percent. Such a decision, the central bank’s analysts...

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