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BoE sinks pound, roils bond markets; all eyes now on NFP

BoE shocks markets by not raising rates as expected, pound crashes below $1.35. Bond yields slump globally as central banks push back on investors’ rate hike pricings. Dollar stands tall, Wall Street at record ahead of October payrolls report.Risk Warning: 74.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRi...

Broadcast on:
05 Nov 2021

BoE shocks markets by not raising rates as expected, pound crashes below $1.35. Bond yields slump globally as central banks push back on investors’ rate hike pricings. Dollar stands tall, Wall Street at record ahead of October payrolls report.

Risk Warning: 74.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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