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NASDAQ:SEIC 5 February 2026

Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target

Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target

The Bank of England is expected to keep its Bank Rate at 3.75% on Thursday, with inflation still at 3.4% and signs of stronger demand emerging. Sterling hit a five-month high against the euro, while the FTSE 100 reached a record 10,402.34 points. January’s UK services PMI rose to 54.0, but hiring fell as firms faced higher payroll costs. Markets now expect about 35 basis points of BoE rate cuts by year-end.

Stock Market Today

  • Goldman Sachs Recommends Staying with Asia's Equity Winners and Diversifying into Commodities
    June 29, 2026, 2:05 AM EDT. Goldman Sachs advises investors to maintain positions in Asia's top equity performers amid strong earnings growth prospects, highlighting North Asia markets like South Korea, Taiwan, Japan and China's A-shares. The bank emphasizes ongoing demand for commodities such as copper and gold, driven by geopolitical tensions and structural trends including artificial intelligence, power infrastructure, and defense spending. Goldman forecasts mid-teen returns for the MSCI Asia Pacific ex-Japan Index in H2 2024, with a semiconductor memory supercycle underpinning technology hardware strength. Continued supply constraints and rising demand support a bullish outlook on copper prices, targeting $13,735 per metric ton by end-2026 and $15,000 by 2035. Gold is expected to appreciate to $4,900 an ounce, reflecting sustained investor interest in safe-haven assets amid geopolitical uncertainty.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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