Expected to on prolonged hold – Societe Generale

Expected to on prolonged hold – Societe Generale

Societe Generale economists report that the Bank of England’s (BoE) Monetary Policy Committee (MPC) left Bank Rate at 3.75% with an 8–1 vote. Their base case is for rates to remain unchanged through 2026, though further hikes of 50–75 bps are possible if the US‑Iran conflict persists. Recent UK data show stronger borrowing as households […]

Large monthly drop after Hormuz scare – UOB

Large monthly drop after Hormuz scare – UOB

UOB strategists note that Brent crude has just recorded its largest monthly percentage decline since December 2025, despite briefly spiking above USD 126/bbl on renewed Strait of Hormuz concerns. West Texas Intermediate (WTI) remains elevated on the week, and Oil has booked a second consecutive weekly gain, supported by geopolitical tensions and US policy rhetoric. […]

US Dollar Index flat lines above 98.00 amid Hormuz tensions

US Dollar Index flat lines above 98.00 amid Hormuz tensions

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.20 during the Asian trading hours on Monday. The DXY steadies as traders continue to assess geopolitical tensions in the Middle East.  US President Donald Trump said the US will begin guiding […]