BOE most likely to keep record low interest rate

Source: Bloomberg
© scanpix/Reuters
Bank of England will most probably not raise the rates on Thursday, following the Greek uncertainties and unconvincing domestic economic picture, therefore keeping it at a 0.5% level. UK inflation in May was 0.1%, far from the BOE's target of 2%, meanwhile some concerns about downward pressure are raised by the appreciating Sterling.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.