Special report: Bank of England Preview
BOE Super Thursday has arrived and we will get the full force impact of this event risk, with the policy decision accompanied by the Minutes, quarterly inflation report and Governor Carney. The Bank of England is widely expected to leave policy on hold, with the focus on growth, inflation and Brexit.
Next 24 hours: A General Lack of Appetite
The BOE has come and gone, and in the end, Cable looked set to close out the day just about where it was at the open, after no real surprises. It seems the big story of the day turned out to be a reversal in US equities, with the pullback triggering widespread risk liquidation and safe haven demand.