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Flash: Will the BoE be the next one? – FXStreet

FXStreet (Edinburgh) - Analyst and Editor Ross Burland at FXStreet, notes that the BoE could be next G10 central bank to hike rates.

Key Quotes

“Nonetheless, and as we approach the end of the first quarter, Stronger fundamentals have still placed the UK one of the next short-term favourites, after the RBNZ, to hike over-night interest rates”.

“The market seems comfortable for now that a hike could come as soon as 2015. It will be interesting first to see how the New Zealand economy fairs into the new tightening cycle recently imposed. It could be seen as almost like a prototype for others and particular the BoE”.

Gold posts highest weekly close since September

Spot gold finished the week sharply higher trading around $1,380 at the highest level since September of last year.
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