European equities markets were lower Tuesday on a third consecutive monthly drop in German investor confidence, higher inflation in the UK, disappointing corporate results, and an unexpected decline in new housing starts in the United States. The Commerce Department reported …
Pound weaker on King comments
The British pound was weaker Tuesday after Bank of England Governor Mervyn King said that the Bank could soon cut the rate paid for the Bank of hold reserves. Banks are now paid 0.5 percent on deposits of their reserves …
BARC up as other London banks see declines
Equities markets in Europe were lower Thursday as most miners showed declines and banks were mixed at best. The FTSE 100 was 0.43 percent lower to 4,869.35 in London, while the FTSE 250 dropped 0.93 percent to 8,701.33. Barclays Bank …