08/07/2015 - The BOE drags behind the Fed

* The BOE drags behind the Fed
* Does Apple's share price priced bode ill for the S&P?
* Market Movers: Weekly Technical Outlook
* Look Ahead: Stocks
* Look Ahead: Commodities
* Global Data Highlights

The big data drop from the Bank of England last week turned out not to be too difficult for the market to digest, after all: no change in rates, only one dissenter and a sharp reduction in the Bank's inflation rate for this year. Overall, this was considered dovish by the market.

Yet again the BoE has hinted that rates could rise sooner than the market expects only to back-track down the line. In recent weeks the BoE governor had hinted that a rate rise could happen at the "turn of the year" when a hike comes into "sharper relief", this is a non-distinct period of time, but one would assume January..... Full text »

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