Let's Twist Again

broker vs banks

Across the Atlantic, the Fed poured cold water on hopes of a QE3 yesterday, although it offered some respite by extending its “Operation Twist” program. The Fed also lowered its 2012 GDP growth forecast and today’s housing data is expected to confirm this downward bias. Meanwhile, the PMIs released across Europe and China today remained subdued and are weighing on high yield assets. The Spanish bond auctions and bank audit results, coupled with the EU finance ministers meeting, are likely to garner market attention today.

At home, the case for further easing by the BoE has strengthened following yesterday’s minutes indicating a widening split among policymakers.

Company Details

Let's Twist Again

Get a quick quote

Open Account with GCEN

GCEN are located at:
GCEN The Old Barn, Oasts Business Village, Red Hill, Wateringbury, Maidstone, Kent, ME18 5NN, United Kingdom

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not spam you!

Click to Watch the Latest Videos on CMT

Compare Money Transfer Testimonial

All Rights Reserved: Copyright 2006 - 2017 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882 - Email us