Interest rates are to stay on hold again as the Bank of England’s monetary policy committee (MPC) voted to keep the base rate at 0.25pc.
LONDON — Global stocks pushed higher Thursday in the wake of relatively dovish comments from the U.S. Federal Reserve that accompanied another rate hike and amid relief over the Dutch election result.
Fresh from his latest threat to intervene in currency markets on Thursday, the Swiss National Bank president will now turn up in Baden-Baden to watch counterparts from countries many times the size of his pledging not to engage in competitive devaluations. Switzerland is an observer of the Group of 20, whose finance chiefs meet in the German spa town on Friday.
Next trading day's important events
- USDJPY: 113.40
- EURUSD: 1.0730
- S&P 500: 2381.89
- NASDAQ: 5898.15