Reported 8 months ago
Global shares remained near record highs with investor confidence in potential U.S. interest rate cuts boosting gold, while the pound stayed steady ahead of a Bank of England meeting. The Swiss National Bank cut rates, Norway's Norges Bank left rates unchanged, and the BoE is expected to maintain UK rates but may provide guidance for the future. Despite the pound's stability, markets anticipate a rate cut from the BoE either in August, September, or November.
Source: YAHOO