Market news and trade ideas on June 19
Risk-averse weakened and riskier assets climbed up. Let’s have a closer look.
Bank of England’s Meeting
| The British pound was aggressively sold after the previous Bank of England’s meeting. In August, the UK central bank left the benchmark interest rate unchanged at 0.25%. Only 2 members of the Monetary Policy Committee voted for a rate hike compared to 3 policymakers in July. The amount of government and corporate bond purchases was also maintained at the same level. |
| Despite the expectations of hawkish comments, the regulator, on the contrary, sounded dovish blaming lower growth expectations on Brexit uncertainty. Has the mood of the UK central bank lifted? We will find out at 14:00 MT time on September 14. |
Similar
Risk appetite is back. How to trade on June 16?
Riskier assets gained on the improved market sentiment.
Will the GBP get stronger on BOE’s policy?
BOE releases the monetary policy meeting minutes on Thursday at 14:00 MT time.
Latest news
The RBA: keeping the AUD alive?
The Reserve Bank of Australia will publish its statement and announce the interest rate on July 7, at 7:30 MT time.
What will affect markets on July 3?
The overall market sentiment was mixed after the USA recorded the largest increase in virus cases since May 9. The data even offset the better-than-expected NFP.
How to trade on July 2?
The risk-on tone is back on the market again. Let’s look at main trading opportunities.
Deposit with your local payment systems
