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The Bank of England is expected to raise Bank Rate to 4.0% from 3.75% on Thursday, its first hike since August 2023, according to Reuters-polled economists. Policymakers are wary of being caught out by persistent inflation as energy prices stay high amid the Iran war.
Higher UK borrowing costs strengthen sterling and tighten financing for feed and livestock businesses, while the BoE may signal fewer hikes ahead, which could ease pressure on the dollar-linked commodity complex.
live.euronext.comNov 2, 2026Not 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.
