The market has increased its bets on the Bank of England raising interest rates in the coming months. This comes after ongoing escalations in hostilities between the US and Iran over the weekend pushed Brent crude oil prices above $90 per barrel, intensifying concerns about rising inflation. Market expectations now reflect a total increase of 42 basis points in the UK benchmark interest rate by 2026, which is 4 basis points higher than expectations reflected on Friday.

智通财经2026/07/20 08:21

Show original

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

ING: No Signs Yet of AI Replacing Indian Outsourcing Industry

智通财经•2026/09/17 07:41

Nokia expands partnership with Microsoft; US stock futures rise over 5%

智通财经•2026/09/17 07:38

Micron Technology (MU.US) launches commercial production at its first semiconductor packaging and testing plant in India, with chip capacity expected to expand to several hundreds of millions next year

Micron Technology CEO Sanjay Mehrotra stated that the company’s semiconductor packaging and testing plant in Sanand, Gujarat, India, has commenced commercial production to meet the increasing demand for memory chips driven by artificial intelligence (AI).

智通财经•2026/09/17 07:11

A "CPU Renaissance" is underway! Arm (ARM.US) is now more confident in achieving its $2 billion outlook, as AI agents drive a massive surge in CPU demand.

智通财经•2026/09/17 07:11