US NFIB Business Optimism Index rises to 92.1 in Apr from 89.5 in Mar

Last week’s Bank of England meeting passed almost without notice, with the decision t leave the policy rate (0.50%) and the level of asset purchases (£375bn) unchanged widely expected. According to Paul Robson, Senior FX Trading Strategist at RBS, “We do not expect the minutes of the meeting (published on 22 May) to surprise, with the vote count looking set to remain at 6-3 in favor of unchanged policy.”