Matt Buckland
Matt Buckland
aggressive although cautious consensus continue creeping due equity hike interest markets mood rate rates stance verdict widely
With the rate verdict due later, there's a cautious mood creeping into equity markets as although a 25-basis-point hike is widely expected, there's little consensus as to just how long the aggressive stance over interest rates will now continue for.
barrier break data extended key remains seen support whether
Whether the FTSE can break through the key 5800 barrier remains to be seen but there's little fundamental data around just now that could support an extended rally.