# Bonds fall as BOE drops rate-cut signal; pound jumps on ruling - Moneyweb

> Global bonds fell after the Bank of England dropped its signal of further rate cuts this year and raised growth and inflation forecasts. Sterling rallied after a court ruled Parliament must vote before Brexit talks begin.

- Date: 2016-11-03 · published 2016-11-03T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/74076-bonds-fall-as-boe-drops-rate-cut-signal-pound-jumps-on-ruling-moneyweb
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Rising global yields and a firmer pound shift capital flows and currency values that influence dollar-denominated commodity prices and import costs for UK-linked feed buyers.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/bonds-fall-as-boe-drops-rate-cut-signal-pound-jumps-on-ruling/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.