Headlines:BOE leaves bank rate unchanged at 5.00%, as expectedDollar struggles on the session, equities ramp higher as wellWeekly update on interest rate expectationsFed still on track to cut rates by 125 bps in total for 2024 - CitiGoldman Sachs now sees Fed cutting by 25 bps at each meeting until June next yearECB's Schnabel: Sticky services inflation is keeping headline inflation at elevated levelEurozone July current account balance €39.6 billion vs €50.0 billion priorSwitzerland August trade balance CHF 4.56 billion vs CHF 4.89 billion priorMarkets:AUD leads, JPY lags on the dayEuropean equities higher; S&P 500 futures up 1.7%US 10-year yields up 2.4 bps to 3.709%Gold up 1.1% to $2,587.
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