What a strange day it is when a central bank that so obvoously wants to cut rates, ends up disappointing the market doves. That's pretty much what the BOE did yesterday, though as we had been warning, the market was probably a bit too dovish going into it. And so, we got the vote numbers as we on the Flow Show expected them to be and while Bailey edged his way towards a June cut, it wasn't enough for the broader market.
Find out our full thoughts on the BOE and GBP, as well as our views on everything else that happened yesterday, and what's to come today.
Join us LIVE everyday at 10.30 UK time for The Flow Show, where we cut through the news and moves from the Asia and early European sessions, and plan for trading the day ahead