The Bank of England delivered its June decision on Thursday 18 June: a 7-2 vote to hold Bank Rate at 3.75%, with two MPC members dissenting
Global markets remain focused on central bank policy as the Bank of England and European Central Bank maintain a cautious stance amid slowing inflation and mixed economic data. EUR/USD trades near key technical levels as investors assess interest-rate expectations on both sides of the Atlantic. European equities, including the CAC 40, continue to reflect shifting growth prospects, while copper prices remain supported by supply concerns and expectations of stronger industrial demand. In the crypto market, Ethereum and XRP are consolidating after recent volatility, with traders monitoring institutional flows, regulatory developments, and broader risk sentiment for clues on the next major market move.
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