FTSE sees highest daily gain since November 2011 as Mark Carney chairs his first Bank meeting

It's not Independence Day, but Forward Guidance day in the UK today. The FTSE saw some dramatic gains off the back of the Bank of England's statement, accompany today's Monetary Policy Committee decision.

New governor Mark Carney released a statement that said forward guidance is on its way (itself, a sort of forward guidance). Markets had priced-in a rate hike this Autumn, but that's now off the cards, and the dovish message has sent equities higher.