Sterling’s rally started before today’s stronger UK GDP data—markets now price an 89.2% probability of a November BoE hike and a terminal rate near 4.86%, with GDP confirming the hawkish repricing already underway rather than triggering it.
The post Sterling Broadens Gains as BoE Repricing Builds and UK GDP Confirms Resilience; EUR/GBP Presses Breakdown, GBP/CHF Tests Breakout appeared first on ActionForex.
McDonald’s (MCD) stock has been losing a ton of ground this year and bears a striking connection to the Treasury market, adding another layer to its slide. Shares of the fast-food giant have moved inversely Read more…
Costco gave investors plenty to like in its latest fourth-quarter 2026 earnings report. Sales climbed by double digits, profit beat expectations, and margins improved. But beneath the strong quarter, one issue kept resurfacing in Wall Read more…
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Wednesday. Stock futures were mixed, as Wall Street awaited the release of a key inflation indicator Read more…