Bank of England shocks market

Nov 4, 2021 | Currency, Money Market

5.11.21 The main news overnight has been the Bank of England’s shock decision not to raise interest rates, which the market had fully priced in, says Nick Smyth at BNZ Markets. UK rates fell as much as 20bps and the GBP slumped 1.4%, with the decision reverberating to other bond markets (US 10-year rate -9bps). […]

You need an active membership to keep reading

either log in via the form below or click here to subscribe

If you have recently subscribed and selected to pay by bank transfer our admin team will activate your membership once payment has cleared

[adrotate banner="4"]

Bank of England shocks market

You need an active membership to keep reading

either log in via the form below or click here to subscribe

Your Advertisement Here

Your Advertisement Here