Investment Update

Thursday, August 03, 2006

European and UK Interest rates - no shocks expected

From The Business News Source .... The London stock market fell ahead of the announcement at noon of whether interest rates will remain at 4.5 percent or rise. The sentiment across the board is that the rates will be put on hold, though recent economic figures suggest that there may be reasons to act now and raise interest rates. Meanwhile in Europe rates are expected to rise as the EBC meets, with the main bourses falling as well.