*The Bank of England didn’t move the needle on its monetary policy; the BOE expects lower CPI under no-deal Brexit *Global central banks renewed their pledge for dovish monetary policy and this pushed stocks higher  *Dollar retraced from its high; gold back above 1500


  • The S&P 500 Index continued its upward momentum but with modest gains. The index gained 0.40% as of 15:34 London time.
  • The Stoxx Europe 600 Index soared 0.55%. The move was powered by the banking sector.
  • The UK FTSE 100 experienced decent uptick and increased by 0.45% while the focus remained on the final day of Supreme Court ruling over Parliament suspension.


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  • The Dollar Spot Index dropped 0.24% and made a low of 98.24, still higher than yesterday’s low of 98.19.
  • The Euro failed to secure any gains against the dollar. It dropped by 0.08%.
  • The British pound moved higher despite soft UK retail sales data: actual -0.2% previous 0.4% The currency gained 0.01% against the dollar.
  • The Japanese yen moved higher by 0.11% to 108.05.


  • The Yield on 10-year Treasuries dropped by two basis point to 1.77%.
  • Britain’s 10-year yield dropped to 0.63%.


  • West Texas Intermediate climbed 0.77% on the back of rumors that Saudi Arabia may not be able to fill in the missing supply.
  • Gold broke above the $1,500 mark and gained 0.03%.


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