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The Bank of England left its asset purchase facility at £435 billion and held its interest rate at 0.75%, both as expected. Sterling fell against the dollar after the announcement.
Additional coverage was described as still developing.
The decision matched expectations, so its effect on sterling and the dollar was limited. It has no direct bearing on feed commodity supply or demand.
octaafrica.netJun 20, 2019Not 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.
