UK CBI volume of sales reported dropped more than expected to -44% in April (vs +2% prior, -25% expected),
Find more articles and bullets on these widgets:
SX7E (21st June) 132.5p, sold at 4.20 in 6k.
Gilts rally in the wake of comments from ex-hawkish BoE dissenter Mann as she explained her reasoning for switching her vote to no change.
BoE Meeting | SONIA BoE-Dated OIS (%) | Difference Vs. Current Effective SONIA Rate (bp) |
May-24 | 5.145 | -4.6 |
Jun-24 | 5.008 | -18.3 |
Aug-24 | 4.849 | -34.2 |
Sep-24 | 4.716 | -47.5 |
Nov-24 | 4.556 | -63.5 |
Dec-24 | 4.421 | -77.0 |
Overnight the Francis Scott Key Bridge in Baltimore, MD collapsed after one of its support structures was hit by the Singapore-flagged container vessel Dali, on its way from the Point Breeze terminal to Colombo, Sri Lanka. The apparent total collapse of the bridge would appear to take the entire Port of Baltimore out of action, given that the strait spanned by the bridge is the only access for shipping from the port into the Chesapeake Bay, in turn leading into the Atlantic Ocean.
Map of Port of Baltimore
Source: AP