The Bank of England (BoE) is widely expected to keep rates unchanged when it meets on Thursday. Analyst Daniela Harthorn looks at what this could mean
The Federal Reserve is expected to keep its policy unchanged on Wednesday – data from Reuters shows a 99% chance of no change. Last week’s 25-basis-point rate cut from the ECB has done nothing to change market expectations, and why should it?
After months of waiting, a rate cut from the ECB on Thursday looks like a done deal. Data from Reuters shows markets pricing in a 96% chance of a 25-basis point cut from the European Central Bank following Thursday’s policy meeting.
Gold and Silver move higher after last week’s pullbacks but the precious metals are struggling with resistance ahead of the US PCE release.
Copper price drops over 5% on Thursday as traders take profits following the FOMC meeting minutes.
The latest round of inflation data will be released at 22 April at 7 am BST and investors are likely going to be paying close attention.
The rate of growth in US consumer prices dropped in April leading markets to price in more chances of rate cuts from the Fed
After a remarkably strong first quarter, the US stock market pulled back in April for the first time since October last year.
The Bank of England (BoE) is widely expected to keep interest rates unchanged when it meets later this week. Data from Reuters shows a 90% chance of no change to the current rate of 5.25%, but the central bank will need to decide whether to change the messaging about rate cuts this year as traders will be paying close attention to any rate-cut clues.
Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.
The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.
The latest US CPI reading hasn’t gone how the Federal would have hoped. Consumer prices came in higher than expected in February for the third month in a row.
Central banks dominate the calendar in March and markets try to anticipate which one will be the first one to cut
UK banks will be in the spotlight in the week ahead as the European earnings season continues