|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 328.4 GBX | +0.52% |
|
+1.77% | +49.68% |
| 11:32am | HSBC's Elhedery takes fast track from finance to CEO | RE |
| 07:56am | HSBC's Elhedery takes fast track from finance to CEO | RE |
LONDON (Reuters) - NatWest Markets cut its forecast for the peak in Bank of England interest rates to 5.5% after the BoE's announcement of a latest rate hike and new guidance on Thursday, down from 6% it previously forecast.
"We are revising our Bank Rate forecast and now look for just one more 25bp hike to 5.5% in September," NatWest Markets' chief UK economist, Ross Walker, wrote in a note to clients.
"The apparent rowing-back in the MPC's policy-tightening guidance leaves us comfortable maintaining our negative bias on sterling," NatWest added.
(Reporting by David Milliken; Editing by William Schomberg)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 328.4 GBX | +0.52% | +1.77% | 35.12B | ||
| 0.8407 GBX | +0.08% | -0.25% | - | ||
| 0.7688 GBX | -0.24% | -1.20% | - | ||
| 0.5617 GBX | -0.35% | -1.70% | - | ||
| 0.5166 GBX | -0.37% | -1.54% | - | ||
| 0.009206 GBX | -0.24% | -1.08% | - | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +49.68% | 35.12B | |
| +27.50% | 608B | |
| +30.62% | 343B | |
| +14.14% | 267B | |
| +23.75% | 205B | |
| +17.42% | 178B | |
| +15.44% | 179B | |
| +4.91% | 157B | |
| +14.42% | 156B | |
| +19.41% | 149B |
NATWEST GROUP PLC 
