Ahead of BOE's rate decision:

Market news

5 May 2011

Ahead of BOE's rate decision:

The Bank of England rate decision is due at 1100GMT. Analysts expect the MPC will leave policy on hold at this meeting. Analysts' median forecast is for Bank Rate to rise from its current 0.5% to 1.0% by year end, with the first hike coming in the third quarter. Interestingly, this is MPC member Andrew Sentance's last meeting before being replaced by ex-Goldman Sachs UK economist Ben Broadbent in June.

EU focus: Euro fell after weak statictic; focus on ECB and BOE

Reaction on news:

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.