European Shares Dip, Pound Gains Amid Rate Cut Speculation

European shares fluctuate, British pound gains as traders weigh interest rate cut possibility. Asian markets rebound, European markets largely unchanged. Dollar near multi-month highs, pound up after touching seven-month low. Forty percent chance of rate reduction, higher volatility expected for pound in coming weeks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.