ECB raises Bid rate

Last Updated on Thursday, 7 July 2011 03:31 Written by Elena Rajkovic Thursday, 7 July 2011 03:29

As expected and widely anticipated the European Central Bank lifted the European Minimum Rate to 1.50%.

BoE Bank Rate

Last Updated on Thursday, 7 July 2011 03:06 Written by Elena Rajkovic Thursday, 7 July 2011 03:06

The Monetary Policy Committee of BoE released the Asset Purchase Facility and Bank Rate; both remaining the same at previous figures as predicted.

GBP remains steady after manufacturing production data

Last Updated on Thursday, 7 July 2011 12:42 Written by Elena Rajkovic Thursday, 7 July 2011 12:42

United Kingdom’s Manufacturing Production data rose in May 2011 higher than expectations and at the fastest monthly pace over more than a period of one year. National Statistics released that U.K’s manufacturing output rose to 1.8% in May, rather than 1.1% as expected.

Swiss CPI

Last Updated on Thursday, 7 July 2011 12:05 Written by Elena Rajkovic Thursday, 7 July 2011 12:05

Data from the Federal Statistical Office in Switzerland was released earlier today showing a rise in annual inflation to 0.6 in June. CPI was released at -0.2.

Aussie gains after Employment Change rises

Last Updated on Thursday, 7 July 2011 11:51 Written by Elena Rajkovic Thursday, 7 July 2011 11:51

Australia has seen the biggest month-on-month gain in Employment change since middle of 2008. The number of employed people in June rose by 23,400 individuals.

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