Barclays shares rallied after the bank announced a one-third drop in net profits that still beat expectations, thanks to growth in its credit card and debt trading units and despite a �400m provision for mis-selling UK payment protection insurance.
A man runs past the Bank of Japan building in Tokyo. Photograph: Kim Kyung-Hoon/Reuters. Nick Fletcher. Friday 29 July 2016 05.59 EDT.
As with when we looked at the Markit PMI numbers last week Brexit seems to be hitting economic confidence quite badly. And yes, we do have to take economic confidence seriously for as Keynes pointed out the future of the economy does indeed depend, ...
The Bank of Japan had observers scratching their heads Friday with the announcement that it will mount a “comprehensive” review of its policy framework at its next meeting.
European stocks were mostly mixed on Friday as investors worked their way through another raft of European earnings, and digested the latest decision from the Bank of Japan's (BOJ) two-day policy meeting.