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Sterling Could Fall if BOE Can t Meet Rate Rise Bets

Sterling Could Fall if BOE Can t Meet Rate Rise Bets 0941 GMT - Sterling could fall modestly as the Bank of England s policy statement Thursday may struggle to meet market expectations for a further 125-150 basis points of interest rate rises, MUFG.

Bank of England Set for 25Bp Rate Hike, But Economic Data Warrants Higher

Bank of England Set for 25Bp Rate Hike, But Economic Data Warrants Higher 1028 GMT - Recent U.K. inflation and labor market data indicate persistent inflationary pressures, warranting a 50 basis-point interest rate increase from the Bank of England.

FTSE 100 Closes Down 0 7% on China Outlook, Next PLC Shines

The FTSE 100 Index closed Monday down 0.7% to 7588 points amid profit-taking and an absence of volumes due to the U.S. holiday. AstraZeneca closed down 1.2%, dragging the index, on reports that it. | June 19, 2023

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