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Symbol Bid Ask EURCHF 1.21933 1.21944 EURUSD 1.38103 1.38111 GBPUSD 1.67905 1.67913 NOKJPY 16.918 17.128 USDJPY 102.229 102.236 USDSGD 1.25854 1.25881 USDTRY 2.13609 2.13665
Symbol Bid Ask AUS200 5530.5 5533.5 ESP35 10402.5 10411.5 GER30 9481.5 9483.5 HKG33 22529.5 22545.5 UK100 6682.5 6684.5 US30 16489.5 16494.5
Symbol Bid Ask UKOil 109.84 109.91 USOil 101.98 102.05 XAGUSD 19.663 19.702 XAUUSD 1289.18 1289.56
Abshire-Smith Market Analysis
The Bank of England released the minutes of the Monetary Policy Committee meeting for the 9th April this morning. The MPC voted unanimously (9-0) to leave interest rates at the record low level of 0.50% and the level of asset purchases unchanged at £375bn....
The Office for National Statistics released the ILO Unemployment rate for the 3-months to February, which dropped to 6.9% from the previous reading of 7.1%. Employment was 239,000 higher than for September to November 2013 and 691,000 higher than a year earlier (ONS). The release shows a significant improvement in the unemployment rate, and poses a headache for the Bank of England. Mark Carney detailed under his forward guidance that the threshold for increasing interest rates would be the unemp...