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Market traders expect higher ECB and BOE rate hikes than policymakers, driven by surging energy prices. Oil futures rose above $108 per barrel and natural gas spiked due to supply disruptions, fueling
Traders bet on ECB and BOE rate hikes as oil prices exceed $100, driven by inflation risks from the Iran War. While energy costs threaten European economies, some strategists suggest rate hike expecta
Traders increased bets on UK and ECB interest rate hikes after oil prices surged near $90/barrel amid US-Iran tensions, reigniting inflation fears.
UK inflation is projected to peak near 3% below the BOE's best-case scenario due to falling oil prices following potential Middle East peace talks. Lower energy costs may enable the central bank to ma
European stock futures fell over 1% while oil prices surged 7% to $125/barrel amid Middle East tensions, as investors await ECB and BoE rate decisions.
NIESR warns the UK risks recession and rate hikes if Middle East conflict closes the Strait of Hormuz, pushing oil prices to $140/barrel and inflation over 5%. The BOE may raise rates by 150 basis poi
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