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TD Securities dropped its call for a Bank of England rate cut in Q4 2017 and now sees the odds of a hike or cut as evenly balanced. The bank remains bearish on sterling versus the dollar, citing Brexit-related political risk.
Interest rate expectations for the UK affect sterling, but this has no direct link to feed commodity supply or prices.
poundsterlinglive.comNews, Data, ForecastsJan 27, 2017Not 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.
