Bank of England Archives - Page 10 of 12

Oil surges as equities steady

By Craig Erlam It’s been a flat start to the week in equity markets, with Europe posting marginal losses or gains. There’s been so much to absorb in recent weeks and while

21st March 2022

Markets/World

BoE in 3rd rate hike to 0.75% as Ukraine war fuels inflation

By Roland Jackson The Bank of England on Thursday hiked its main interest rate to its pre-pandemic level to combat runaway inflation that risks soaring far higher as the Ukraine conflict fuels energy costs.

17th March 2022

Markets/World

Oil surges on Russia tensions, Brent above $100

Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with traders also tracking interest rate decisions and China’s pledge to support volatile markets. The price of benchmark oil

17th March 2022

Energy/Markets/World

European stocks open higher awaiting BoE rate call

European stock markets climbed at the open Thursday, with investors widely expecting the Bank of England to announce a third straight interest rate rise to combat decades-high UK inflation. London’s benchmark FTSE

17th March 2022

Europe/Markets/World

Faster UK inflation a tailwind for Sterling

By Han Tan, Chief Market Analyst at Exinity Group Asian stocks are following Wall Street’s positive lead, while European equity futures are inching higher Wednesday even as their US counterparts remain mixed.

16th February 2022

Markets/World

Bulls bet on shallow interest rate hikes in 2022

Investors seem to be topping up their portfolios with stocks as inflation expectations cool for the rest of 2022, and central banks, such as the Bank of England, the U.S. Federal Reserve,

4th February 2022

Markets/World

OPEC+ to stick to gradual output increase

By Han Tan, Chief Market Analyst at Exinity Group The benchmark crudes Brent and WTI are edging higher and hovering around their highest levels since 2014 in the leadup to Wednesday’s OPEC+

2nd February 2022

Energy/Markets/World

Hawkish Fed wages war on inflation

By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mixed on Thursday following a rally on Wall Street overnight as markets offered an initial positive reaction to the Federal Reserve’s

16th December 2021

Markets/World

Central banks pump $9 trln into economy amid pandemic

With the economy taking a hit due to the coronavirus pandemic, most central banks around the world resorted to enacting various quantitative easing (QE) measures to salvage the situation. However, leading economies

18th November 2021

Markets/World

Pound crumbles as BoE defies markets

By Lukman Otunuga, Senior Research Analyst at FXTM In a move that confounded market expectations, the Bank of England left interest rates unchanged at a record low of 0.1%, even as it

5th November 2021

Markets/World