How much Gold Investment is the right amount for you…? Here are some vital thoughts;
That is what seem so imminent on the cable GBPUSD, front at the moment. The announcement of further interest rates cut last week to 0.5% (a-315-year low) was the first sign of the Bank of England’s MPC willingness to start printing money. They made no secret about this except that they can’t really say if this bold step will work.
European Central Bank have announced her decision to leave interest rates unchanged at 4.25 percent. Traders have expected this but the long anticipated wait is on the ECB president – Jean-Claude Trichet and his subsequent press conference. The keen interests is on his tone and direction of ECB’s economic policy on inflation and growth prospects in the 15-nation single currency zone. Recent weeks have seen some poor economic reports from the Euro-zone economies – an indication that a slowdown is brewing.