MUFG says the Bank of England’s hawkish hold should keep Sterling supported, but Governor Bailey’s pushback against imminent rate increases limits the scope.
Analysts at Scotiabank expect renewed pressure on USD/CAD after its July decline, with a break below 1.4000 opening the way towards 1.3981 and the upper 1.39s.
The Powerball jackpot rose to $707 million with a cash value of $307.3 million ahead of the Saturday, August 1, drawing.
Fed holds rates but three dissents, a weaker dollar and volatile gold, silver and stocks keep September hike risk in control.
WTI, Brent and natural gas remain driven by Middle East transit risks, constrained Gulf exports and global LNG supply ...
Yields on UK government bonds have soared to levels not seen in decades, with 10-year gilts reaching 4.90% on Thursday - the highest since July 2008 - and 30-year yields climbing to 5.40%, a peak last ...
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