How promising is the outlook for growth and expected returns? This is a critical question that has perhaps been glossed over, or in some instances utterly ignored, over the past six months. However, now that the world’s economy seems to be hitting its stride in the burgeoning recovery; investors are seeing the tempo that the markets can be expected to run more clearly. And, after eight months of solid rally for even the most suspect of assets, it seems investors are ready to take a hard look at...

The British Pound spiked to a low of 1.6768 following the Bank of England meeting minutes as policy makers voted 7-1-1 to increase its asset purchase program by GBP 25B to GBP 200B, but has bounced back ahead of the U.S. trade to remain little changed from the previous day.

Talking Points
• Japanese Yen: Loses Ground on Risk Appetite
• Pound: BoE Votes 7-1-1, Sees Greater Downside Risks
• Euro: Current Account Slips into Deficit, Construction Outputs...

The British Pound advanced against the greenback during the European session, with the exchange rate rising to a high of 1.6875 as the economic docket reinforced an improved outlook for the U.K however, the GBP/USD failed to hold ground as investors scaled back their appetite for risk ahead of the U.S. session.

Talking Points
• Japanese Yen: Strengthens on Risk Aversion
• Pound: Consumer Prices Rise More Than Forecast
• Euro: Trade Surplus Widens, Led...