Axiory Market Commentary With Tomasz Wisniewski | Aug 4

In today’s Market Commentary Tomasz takes a closer look at the Bank of England’s anticipated interest rate increase, which, in an attempt to stop inflation, is expected to be the most since 1995. Also in focus; oil prices, which have recently slid to about 4%. This is an almost six-month low for oil, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week as OPEC+ said it would raise its oil output target by 100,000 barrels per day (bpd).