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BoE maintains the status quo

FXStreet (Córdoba) - At today's meeting, the Monetary Policy Committee of the Bank of England decided to leave its monetary policy unchanged.

The MPC left the Bank Rate at 0.5%, where it has stood since March 2009, and the stock of purchased assets financed by the issuance of central bank reserves at £375 billion, as expected.

The market will have to wait for the minutes to be published on Wednesday November 19 to see if hawks McCafferty and Weale managed to persuade any other MPC members into hiking rates immediately.

United Kingdom BoE Asset Purchase Facility in line with expectations (£375B) in November

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LME Inventory Update

The daily inventory data released by the London Metal Exchange (LME) today showed a decline in the inventory levels of Zinc and Lead. Meanwhile, the data showed a rise in the inventory levels of Copper, Aluminium and Zinc.
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