It is most likely that the problems in the banking sector may take the top bill for the week. If this settles down then we will be back to normal business. Regardless, we will see a large amount of interest in the US FOMC interest rate decision. It is expected to be left untouched by the majority of forecasters, although a few are calling for a drop.

(more…)

 There were some good results out for the UK last week, that said many of the numbers were still showing contraction albeit at a slower rate than expected. There was no surprise as the Bank of England left the rate untouched for another month.

(more…)