Loading…
A CMC Markets review says sterling consolidated through 2023 after its steep 2022 fall, with the UK base rate starting 2023 at 3.5%. The article looks ahead to rate cuts expected in 2024.
This is a retrospective currency review with no new event, so it has no measurable effect on feed commodity prices.
cmcmarkets.comCMC Markets -Dec 22, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
