Investment veteran Jim Rogers has branded US treasuries as the one of the last remaining asset bubbles left in the world.
The Federal Reserve has opted to leave monetary policy unchanged and continue with Operation Twist at least until the new year, amid signs the world's largest economy has been expanding.
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve and the Swiss National Bank have announced coordinated actions to enhance their capacity to provide liquidity support to the global financial system....
Global stock markets rallied hard yesterday on news of co-ordinated action by major central banks to improve liquidity, but analysts are divided over whether it will lift markets further in December.
The Dow Jones Industrial Average rose by almost 500 points overnight as US indices jumped following news of co-ordinated central bank action to ease liquidity concerns.
The FTSE 100 has moved 3% higher after the world's major central banks announced a move to boost liquidity within the financial system.
The Federal Reserve gave out $1.2trn in loans to US banks secretly in 2008, Federal documents have revealed.
The US supercommittee's failure to agree a debt reduction plan means the country faces a second rating downgrade by the year end, an economist has warned.
The US Federal Open Market Committee(FOMC) is remaining cautious over the country's economic outlook, despite recent positive data buoying investor sentiment.
The Federal Reserve plans to stress test six major US banks against market shocks, as part of an annual review of bank health.