S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Rabobank’s RaboResearch notes the Bank of England kept rates unchanged while striking an “alert but careful” tone, with Governor Bailey describing an “active hold” that balances persistent inflation risks against softer activity and employment. The bank expects more MPC members to lean toward tightening in June, contingent on how energy costs from Gulf tensions feed through to broader UK inflation.
BoE balances inflation and growth risks
“Across the Channel, the Bank of England struck an “Alert but careful” tone, also holding rates steady.”
“Governor Bailey described the stance as an “active hold,” balancing persistent inflation risks against growing concerns over employment and activity.”
“That said, we expect more Monetary Policy Committee members to lean toward tightening in June.”
“Ultimately, how far that shift goes will depend heavily on developments around the Strait of Hormuz and the extent to which higher energy costs feed through into broader inflation.”
