BoE Deputy Governor Sarah Breeden today reinforced expectations for gradual easing of monetary policy, citing the abating effects of past economic shocks.
“I expect to continue to remove restrictiveness gradually over time,” she added.
However, she cautioned against prescriptive timelines, remarking that it is “difficult to know” how quickly rates should fall.
Introducing the Spike Momentum Strategy Unlock the power of the Spike Momentum Strategy to refine your trading approach. Our key tool, the Rubdfx Spike Indicator, reveals crucial market movements through spikes that signal potential reversals or trends. How to Use It: Buy Entry: Trigger a buy when a bullish spike appears. Sell Entry: Enter a…
WTI crude oil continues to cruise inside its channel on the short-term time frame, and it looks like another correction is in the works. Is the trend still our friend? Take a look at these potential inflection points on the hourly chart! WTI Crude Oil (USOIL) Chart by TradingView In our Global Market Weekly Recap,…
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Bank of Canada (BOC) members have recently hinted at more interest rate cuts, despite their push for more data dependence. Will November’s labor market data support the central bank’s relatively dovish lean? We’re taking a closer look at the points you need to know if you’re trading the event! This Article Is For…
Finding support at 6-month lows of around $56.40 per barrel, WTI has rallied just shy of 8.6% in the last three sessions alone. Currently trading at $62.04, up 4.10% in yesterday’s session, recent performance marks the best three-day stint since late July. As ever, let’s take a look at some of the macro themes at…
Fiinu announced a new equity fundraising of up to £1.41 million through a share subscription aimed at strengthening its working capital position. The company said it has entered into agreements to issue 9.4 million new ordinary shares at 15 pence per share. The Subscription Shares will be placed with institutional and other investors, with admission…