Articles by Bank of England

  • Germany Repatriates 120 Tonnes Of Gold From Paris, New YorkGermany Repatriates 120 Tonnes Of Gold From Paris, New York

    January 20 2015 9:46 PM

    Germany has repatriated some 157 tonnes of its gold from various foreign storage depots.

  • Australian Dollar Outlook – January 12, 2015Australian Dollar Outlook – January 12, 2015

    January 12 2015 11:41 AM

    The Australian Dollar has opened around the .8200 level as US non-farm payroll numbers were better than expected but wage growth disappointed.

  • UK Economy No Longer In ‘Lucky Years’ -- ReportUK Economy No Longer In ‘Lucky Years’ -- Report

    January 07 2015 12:07 PM

    Many of the economies in Europe may not have fully recovered from the severe recession that hit the globe in 2008.

  • British Banks Need to be Strengthened-- Lord Mervyn KingBritish Banks Need to be Strengthened-- Lord Mervyn King

    December 31 2014 5:01 PM

    The veteran banker has raised the fragility of the financial system as a key issue.

  • Australian Stock Market Report – Afternoon December 4, 2014Australian Stock Market Report – Afternoon December 4, 2014

    December 04 2014 8:50 PM

    The ASX 200 spent the afternoon consolidating having reached session highs in the latter part of morning trade. Materials and Industrial stocks were the best improved sectors and investors gave the defensive utilities sector a wide berth which saw that group lagging the most.

  • Bitcoin Popularity and Dangers of Operational Risk Prompt New Zealand Central Bank to Tighten RegulationsBitcoin Popularity and Dangers of Operational Risk Prompt New Zealand Central Bank to Tighten Regulations

    November 12 2014 1:16 PM

    New Zealand's central bank has announced it will strengthen its regulations on online payments.The rise of Bitcoin does not threaten RBNZ.

  • Australian Dollar Outlook - 17 September 2014Australian Dollar Outlook - 17 September 2014

    September 17 2014 10:13 AM

    Bell FX Currency Outlook: The Australian Dollar starts the day just below .9100 after its brief flirtation with the sub .9000’s as the speculation increases about the language that will accompany the FOMC announcement early Thursday morning Australian time.

  • Australian Dollar Outlook - 11 September 2014Australian Dollar Outlook - 11 September 2014

    September 11 2014 4:08 PM

    The downward momentum in the AUD continued overnight, following further USD strength, weaker Chinese data earlier in the week and continued weakness in the iron ore price.

  • Australian Economy to Survive 'Difficult' Conditions as Business Confidence Soars to 11-Year HighAustralian Economy to Survive 'Difficult' Conditions as Business Confidence Soars to 11-Year High

    August 05 2014 4:30 PM

    The Australian economy is capable of weathering difficult economic conditions but relying on interest rates alone will not help the country's financial woes. According to Lord Mervyn King, a former Bank of England governor, a slowdown in China's economy will "hurt" Australia's economic growth. However, he believes the possibility of that scenario is "unlikely."

  • Australian Dollar Outlook - 25 June 2014

    June 25 2014 10:16 AM

    Bell FX Currency Outlook: The Australian dollar declined overnight as fighting in Iraq weighs on risk appetite.

  • Australian Dollar Outlook - 18 June 2014

    June 18 2014 11:49 AM

    Bell FX Currency Outlook: The Australian Dollar traded to a fresh one-week low, following dovish comments by the Reserve Bank of Australia yesterday and offshore moves into the USD overnight.

  • Australian Stock Market Report – Midday June 5, 2014

    June 05 2014 1:28 PM

    After a flat start this morning, local shares are now firmly in the red following a bigger than expected trade deficit recorded in April. The All Ordinaries Index (XAO) is down for the third day and for the fifth time in six sessions. It has been a busy week so far with the Reserve Bank keeping rates on hold on Tuesday, the Australian economy growing at a faster than expected pace according to a report yesterday and a big jobs report expected in the U.S. tomorrow night.

  • Australian Regulator Joins Global Probe of Forex Rates Rigging as Serious as 2012 Libor Rate Scandal

    March 20 2014 10:00 AM

    The Australian Securities and Investment Commission (ASIC) is taking part in a global international investigation into foreign exchange rate riggings said to be as serious as the 2012 Libor rate scandal.

  • Australian Stock Market Report – Afternoon 3/6/14

    March 06 2014 6:43 PM

    The Australian sharemarket ended unchanged, following two days of gains. Despite the market's uninspiring finish, the All Ordinaries Index (XAO) is still trading at a five and a half year high. Better than expected retail spending and international trade reports briefly propped the sharemarket higher earlier today.

  • Australian Dollar Outlook - 19 Feb 2014

    February 19 2014 12:41 PM

    Bell FX Currency Outlook: Yesterday in Australia, the Minutes to the February Board Meeting provided few extra clues to recent public pronouncements by the Reserve Bank of Australia.

  • Australian Dollar Outlook - 17 February 2014

    February 17 2014 1:30 PM

    Bell FX Currency Outlook: The Australian Dollar is higher as the prospect of a stable interest rate outlook helps investors shrug off last week's disappointing jobs figures.

  • Australian Dollar Outlook - 13 February 2014

    February 14 2014 7:35 AM

    Bell FX Currency Outlook: The Australian Dollar has once again maintained its firm tone overnight, pushing higher yesterday, as Chinese trade figures exceeded expectations.

  • Australian Dollar Outlook - February 12, 2014

    February 12 2014 1:10 PM

    Australia: The AUD reached its highest level since the 14th of January, following some good domestic data yesterday, while overnight, new Fed Chair Janet Yellen's first address to the House provided few surprises.

  • Australian Stock Market Report – Morning 2/7/14

    February 07 2014 8:40 AM

    In US economic news, the trade deficit widened by 12% to $38.7 billion in December. The deterioration was driven by a 1.8% drop in exports - the biggest decline in over a year. Imports lifted by 0.3%. Jobless claims fell by 20,000 to 331,000 last week. US productivity rose at a 3.2% pace in the December quarter after an even brisker 3.6% pace in the September quarter.

  • Australian Dollar Outlook - February 6, 2014

    February 06 2014 3:00 PM

    Bell FX Currency Outlook: The Australian Dollar has opened firmer this morning having consolidated above the 0.8900 level.