Potential Double Rate Cut by BoE Casts Shadow Over Pound Sterling
The Bank of England’s (BoE) monetary policy stance is poised to exert significant pressure on the British Pound (GBP). Market expectations currently center on a rate cut by August, but growing speculation suggests a more aggressive approach with consecutive reductions at upcoming meetings. Double Cut Scenario Threatens GBP Valuation: Analysts warn that back-to-back cuts could […]
Russia’s MOEX Index Stages Remarkable Recovery Despite Geopolitical Headwinds
The MOEX Russia Index has shown notable resilience, reaching pre-war levels in May 2024 after a significant decline following the onset of the Ukraine conflict. Several key factors contribute to this resurgence: Shifting Investment Landscape: Western sanctions have limited foreign participation in the Russian stock market. This gap has been partially filled by an increase in […]
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