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Beating out the analysts

Beating out the analysts

U.K. banks are hiking mortgage costs ahead of BoE rate decision

  • Saudi Arabian state oil producer #Aramco said on Sunday its third-quarter net profit more than doubled, boosted by higher crude #oil prices and volumes sold, beating analysts' forecasts
  • U.K. high street banks have started raising mortgage costs ahead of the Bank of England’s interest-rate decision next week amid signs of resurgent inflation.
  • The #euro fell 0.6% just one day after having booked its biggest daily percentage gain in five months. Volatility in the foreign exchange and the interest rate markets has increased as they tried to digest central bank actions
  • #BTC/USD plummeted 1.4% in the last session
  • #XAUUSD lost 0.8%

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