Sterling hammered by dovish Bank of England inflation report |
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Markets now expect UK rates to fall by the end of the year Rally in short-term Gilts supports European bonds too US Treasuries fall prey to a late profit-taking move after failed test of the July highs US equities close session lower, but off the day lows. Asia mixed this morning Commodities rebound, oil (Brent) back up to 114 USD/barrel Greenspan sees US home prices bottom in the first half of 2009 Conflict between Georgia and Russia not over yet, as US launches an aid mission to Georgia
Filed under: Fundamental
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