Market Musings Thurs 19 March: ECB/BoE Kitchen Sinking Supports Weak Rally in FTSE 100: Oil back above $30: Gold Weakness
ECB/BoE Kitchen Sinking Supports Weak Rally in FTSE 100: Oil back above $30 The ECB throwing another €750 billion economic package to support markets and the BoE’s new governor,Andrew Bailey’s, dropping interest rates yet again to 0.1% and adding another £200bn in government bonds helped promote a rally in the FTSE 100. The weakness of that rally and the fact … Read More