Home Stocks Stocks to open at new record as Bank of England vote approaches

Stocks to open at new record as Bank of England vote approaches

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Blue-chip stocks are expected to climb higher again today after hitting a fresh record on Wednesday.

The FTSE 100 closed at 8,354, marking the fourth straight day of record highs as the market starts to anticipate interest rate cuts.

Speaking of which, the Bank of England convenes today to announce the latest rates decision. Although a hold of 5.25% is widely expected, the messaging and vote split will be closely watched.

Elsewhere on the macro calendar, the RICS House Price Balance, which measures the gap between the percentage of respondents seeing rises and falls in house prices, remained unchanged at -5%.in April.