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Forex Flash: BoE to hold policy rates unchanged at 0.5% in 2013/14 - UBS

FXstreet.com (San Francisco) - The BoE is expected to hold its monthly meeting next Thursday April 4th at 11 GMT. Market expects the bank to remain unchanged in its interest rate at 0.5% and the size of the Asset Purchase Facility at £375B. So UBS, but the bank also expects the BoE to remain unchanged the whole 2013 and in 2014.

UBS' analysts Geoffrey Yu, Manik Narain and Gustavo Arteta expect "the BoE to hold policy rates unchanged at 0.5% in 2013/14." In the analyst view, "the BoE will not expand its QE programme this time around."

Forex Flash: Cypriot banks held by control mechanisms – Deutsche Bank

On the topic of Cyprus, all eyes were on the Cypriot banks today, which opened for the first time in almost two weeks. They opened midday and were armed with a series of new capital controls.
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S&P pointing to record high, dollar tumbles

US markets are extending the rally on Thursday, pushing the S&P500 closer to the highest intraday level of 1,576 pts (October 11th 2011) after investors shrugged off poor US releases and jitters from...
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