Market roundup - Low probability of a BOE rate cut – Tip TV

Tip TV’s Zak Mir and Mike Ingram, Strategist at BGC Partners, discuss comments made by BOE’s Carney yesterday and take note of the drop in the BOE rate cut bets. The central banker has boxed himself into the corner due to the premature rate cut in August and is now under pressure given the sell-off in Sterling has pushed up inflation expectations. Moreover, Carney is also feeling the heat from the politicians. Mir and Ingram also discuss major news in business/finance, Oanda sentiment, trade idea of the day and broker forecasts.

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