BoE rate cut Archives - Financial Mirror

Sterling stronger on BoE policy-easing prospects

The EURGBP pair extended its losing spree for the fifth trading session on Tuesday. The cross weakened as the Pound Sterling (GBP) strengthened on expectations that the process of policy-easing by the

27th August 2024

Markets/World

Traders push markets higher, US inflation may set trading tone

By Naeem Aslam Traders are ready to bag some bargains, while others continue to believe that the current bounce back in the markets may be nothing more than a dead cat bounce,

13th August 2024

Markets/World

Traders push markets higher US inflation may set trading tone

By Naeem Aslam Traders are ready to bag some bargains, while others continue to believe that the current bounce back in the markets may be nothing more than a dead cat bounce,

13th August 2024

Markets/World

UK economy rebounds faster than expected

The EURGBP cross remains on the defensive around 0.8425 during the early European session on Thursday, trading with mild losses after the monthly UK Gross Domestic Product data. The UK economy grew

11th July 2024

Markets/World

Will Labour win lift UK stocks?

UK equities’ support following a Labour victory driven by a temporary boost from easing political uncertainty will be limited as the expectation has already been widely priced-in by the markets. Also, for

6th July 2024

Markets/World

Case remains for BoE to start cutting rates

There remains a strong case for the Bank of England to commence cutting interest rates this summer, despite the latest UK inflation data showing mixed signals, said the CEO of a leading

22nd May 2024

Markets/World

Markets await UK CPI, FOMC minutes

The GBPUSD pair remains confined around 1.2710 during Asian trading on Wednesday. Financial markets await fresh impetus, with the release of the UK Consumer Price Index (CPI) and FOMC Minutes due on Wednesday. Federal

22nd May 2024

Markets/World

BoE in focus, gold and oil struggle

By Naeem Aslam European markets and US futures are trading higher while investors wait for the two most important events to unfold, one of which will shape trading activity for the rest

9th May 2024

Markets/World

Fixed yields attract investors ahead of rate cuts

With central banks signalling a path toward looser monetary policies as decades-high inflation cools, investors will be rushing into fixed yield opportunities before interest rates are cut, said the chief executive of

24th April 2024

Markets/World

Euro, Sterling under pressure after mixed Eurozone, UK PMI

The EURGBP cross pared its daily gains, trading lower around 0.8620 on Tuesday, following mixed Purchasing Managers Index (PMI) figures from the United Kingdom and the Eurozone. The preliminary S&P Global/CIPS UK Manufacturing

23rd April 2024

Markets/World