United States dollars and silver: Investors raise their stakes on the British Central Bank interest rate because the UK is sensitive to oil prices

On 10 July, after a new wave of tension in the United States and Iraq led to an increase in oil prices, investors this week raised expectations of a British Central Bank interest rate hike in 2026. In a report, American bank strategists stated that the United Kingdom remained highly sensitive to global oil price shocks, which led investors to re-pricing interest rate expectations. According to data from the London Stock Exchange Group, the current market reflects expectations for a total of 27 basis points for the British Central Bank this year, up from 20 basis points a week ago. Kim Xian