Pooja Kumra at TD Securities said a sharp fall in oil could lower investor expectations for Bank of England rate hikes in the coming months. London Stock Exchange Group data show markets currently price a cumulative 26bp of Bank of England tightening in 2026. Brent crude has slid to about $79.5 per barrel from roughly $95 a week ago after a US‑Iran peace deal.

2026-06-17

Pooja Kumra at TD Securities said a sharp fall in oil could lower investor expectations for Bank of England rate hikes in the coming months. London Stock Exchange Group data show markets currently price a cumulative 26bp of Bank of England tightening in 2026. Brent crude has slid to about $79.5 per barrel from roughly $95 a week ago after a US‑Iran peace deal.