During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
British shares tack on at close of trade
On Thursday, British shares went up after the close due to the fact that yields in the Automobiles & Parts, Support Services as well as Construction & Materials sectors pushed stocks up.
The Investing.com United Kingdom 100 headed north by 0.08% at the close in London.
On the Investing.com, the top performers of the trading marathon United Kingdom 100 were represented by EasyJet that surged by up to 8.38% concluding the trading session at 1144.50. In addition to this, Tui AG surged by 8.27% ending up with 775.40, while International Consolidated Airlines Group S.A. ascended by 5.90% and trading at 545.40.
As for the worst performers of the trading marathon, they were Fresnillo PLC. They headed south by about 7.23% coming up with an outcome of 798.40. Besides this, Standard Life Aberdeen PLC went down by nearly 3.37% concluding the trading session at 266.60, while Aviva PLC decreased by 3.12% being worth 416.50.
As a matter of act, on the London Stock Exchange, soaring shares managed to outperform tumbling ones by 1153 to 877, while 344 were intact.
By the way, June delivery gold futures tumbled by 1.30% ending up with a reading of $1296.85 a troy ounce. Aside from that, May delivery went down by 1.69% hitting $63.52 a barrel. Furthermore, the June Brent oil contract decreased by nearly 1.35% concluding the trading session at $70.76 a barrel.
Apart from that, the currency pair GBP/USD slid by about 0.14% trading at 1.3071. As for EUR/GBP, this currency pair rallied by approximately 0.08% reaching 0.8616.
Moreover, the US Dollar Index Futures jumped by 0.20% hitting 96.748.
More tariffs were introduced
Yesterday, the US Justice Department announced a broad antitrust review ...
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.