1232 GMT – Sterling could decline sharply if the Bank of England signals possible interest-rate cuts in 2024 at its meeting on Thursday, says James Harte…
The Britsish pound and government bond yields fell Wednesday after data showed the U.K. economy unexpectedly contracted in October, boosting expectations.
Bond yields rose on Thursday amid concerns the Bank of Japan will soon tighten monetary policy and traders eyed more U.S. jobs data.What’s happening The.
Greg Magadini, Amberdata: "Lower Treasury yields are good for both gold and Bitcoin" David Tawil, ProChain Capital: "The tandem movement of gold and digital currency can only be a coincidence" Bitcoin has recently risen to over 40,000 dollars, a level not reached since the spring of last year