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FTSE 100 live: Stocks tumble on inflation miss, pound gains on election buzz proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
London pre-open: Stocks seen up ahead of BoE announcement hl.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hl.co.uk Daily Mail and Mail on Sunday newspapers.
Worth noting that only two central banks are expected to hike or remain on hold this year (RBA and BoJ).Probabilities:BoC - first cut fully priced for July,… ....
British Pound faced broad selloff today, continuing its decline in response to comments made last Friday by BoE Deputy Governor Dave Ramsden. Ramsden expressed he is now much less worried about inflation, and expects upcoming data to show significant slowdown in April. More importantly, he emphasized that UK inflation trends are likely to realign more closely with Eurozone rather than with the US. ....