Top 5 Things to Watch Today

Title: Expectations Mount for BoE Rate Cut

The Bank of England is anticipated to reduce interest rates to a new historic low. The British Pound has weakened as traders brace for this easing. Upcoming labor market data is also expected to contribute to the broader economic picture. After a recent surge of 3%, traders are now taking profits. Meanwhile, global stock markets are generally experiencing an uptick with the BoE’s decision looming.