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WTI crude oil rose 3.00% intraday, trading at $94.81/bbl.
2026-05-28
WTI crude oil rose 3.00% intraday, trading at $94.81/bbl.
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2026-05-27
Traders cut bets on Bank of England hikes to one this year amid weaker oil and easing inf expectations; money markets price 36 bps of cumulative hikes by year-end, lowest in over a month; swaps tied to policy dates imply one 25 bp hike and under 50%
Traders cut bets on Bank of England hikes to one this year amid weaker oil and easing inf expectations; money markets price 36 bps of cumulative hikes by year-end, lowest in over a month; swaps tied to policy dates imply one 25 bp hike and under 50% chance of a second; probability of first hike in July about 50%; Bank of England governor Bailey said inf expectations have not become unanchored; April inf slowed to lowest in over a year.
2026-05-28
BOK: The Board will decide on the timing of any rate hike.
BOK: The Board will decide on the timing of any rate hike.
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