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Mortgage approvals and consumer credit lending rose unexpectedly in July, but total net lending was its weakest since March, Bank of England figures showed on Tuesday.

The global recovery is fragile and policymakers in advanced economies might still have to provide further economic support, Bank of England Deputy Governor Charles Bean said on Saturday.

The Bank of England kept interest rates at a record low of 0.5 percent for the 13th month running on Thursday and made no increase to its 200 billion pounds asset-buying scheme to boost the economy.

Confusion confounded. That is the apt description for the global bullion markets now. Talk of gold, you will get a bunch of positive advices from market analysts saying that Indian festival and wedding seasons are round the corner and the demand for the metal is set to go up in the coming days.

The U.S. stock market tracked losses of worldwide assets as Europe and the U.S. reported gloomy data on Tuesday.

Futures on U.S. stock indices are lower Tuesday morning as global investors sentiments are dampened by discouraging developments from the Europe.

Sterling fell broadly on Tuesday, as Bank of England Governor Mervyn King said risks to the bank's central view of a gradual recovery remained to the downside and further quantitative easing may be needed.

The Australian Dollar opens on Monday at 0.8995 after a surprise rate raise in the United States last Friday (local time) sent the greenback soaring against several major currencies.

The Australian Dollar opens slightly lower today against its U.S. counterpart at 0.8755.

The Bank of England kept the scale of its asset purchase programme unchanged at 200 billion pounds ($319 billion) on Thursday and said it would decide whether or not to extend it next month.

The Bank of England left its asset purchase programme intact at 200 billion pounds ($325 billion) and held interest rates at 0.5 percent on Thursday, as widely expected.

The Bank of England expanded its quantitative easing programme by 25 billion pounds to 200 billion pounds on Thursday, continuing its unprecedented scheme to revive Britain's recession-hit economy.

The Bank of England left interest rates at a record low of 0.5 percent for the sixth month running on Thursday and said it would keep its 175 billion pound asset buying programme in place.

The Bank of England took a far bigger step than expected to boost Britain's recession-hit economy on Thursday, stunning markets by expanding its quantitative easing plan to 175 billion pounds from 125 billion.

The Bank of England will decide whether to expand its quantitative easing program later on Thursday, and economists are split down the middle over the central bank's choice.

The Bank of England took a far bigger step than expected to boost Britain's recession-hit economy on Thursday, expanding its quantitative easing program to 175 billion pounds from 125 billion.

The Bank of England extended its quantitative easing programme on Thursday, raising the size of its bond purchase scheme to an unexpectedly large 175 billion pounds from 125 billion, and held interest rates at 0.5 percent.

Warnings that the world economy still faces a rocky road tempered market enthusiasms on Wednesday, with Japan indicating it might need to do more to ease credit pressures and Britain biding its time.

The Bank of England cut the pace at which it pumps money into Britain's economy on Thursday after unexpectedly deciding not to expand its 125 billion pound ($204 billion) asset buying scheme, raising fears it may stop purchases completely.

The Bank of England decided on Thursday to stick to its program of pumping 125 billion pounds into the economy, defying expectations it would expand its bond purchases and boosting fears it may be about to end the scheme.

The Bank of England surprised markets on Thursday by keeping its quantitative easing program unchanged at 125 billion pounds, boosting speculation that it may soon finish its unprecedented asset-buying scheme.

The Bank of England surprised markets by announcing no expansion of its quantitative easing scheme on Thursday as it left interest rates unchanged at a record low of 0.5 percent for a fourth month running.

The Bank of England left interest rates unchanged at a record low of 0.5 percent on Thursday, and said it would take another two months to complete its 75 billion pound quantitative easing program.

U.S. Federal Reserve officials were struck by the early apparent success the Bank of England's plans to buy government bonds and could further consider moving forward on a similar effort in the United States, the Wall Street Journal said on Wednesday.

The Bank of England cut interest rates by 50 basis points to a record low of 0.5 percent on Thursday, and said it would pump 75 billion pounds of new money into buying assets, mostly gilts, in its battle with recession.

The pound declined on Monday after the UK government announced a plan to temporarily nationalize struggling bank Northern Rock, leading investors to grow more concerned about the country s economy.

The Bank of England has released the minutes of the monthly meeting of the rate setting Monetary Policy Committee (MPC), showing the committee voted to keep interest rates constant in January by 8 to 1.

Stricken British mortgage lender Northern Rock may have borrowed a further 2.9 billion pounds ($5.9 billion) from the Bank of England in the past week, according to Bank of England data.

Stricken British mortgage lender Northern Rock may have borrowed a further 5 billion pounds ($10.1 billion) from the Bank of England in the past week, an economist said after analyzing Bank of England data.