Stocks bounce but sterling slippery

Asian share markets rose after Britain’s central bank launched an emergency bond buying programme to stabilise a furious sell-off in gilts, though trade was skittish and sterling remained under pressure. The Bank of England said it will buy as much as £5 billion ($A8.3 billion) a day of long-dated government bonds until October 14.  It […]

This post was originally published on Michael West.