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BoE is reportedly divided on how to address energy-induced inflation and divisions are likely to reopen later this month over how aggressive it needs to be in tackling the impact of the Iran war, according to FT

The reported divisions within the Bank of England regarding their approach to tackling energy-induced inflation underscore the complexities they face, especially with the ongoing geopolitical turmoil related to the Iran war.

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Europe and China are launching a joint space mission to study how Earth’s magnetic field protects against harmful solar radiation

EU warns capitals against turning energy crunch into fiscal crisis and urges governments to avoid excessive support to offset surging energy prices, according to FT

BoE is reportedly divided on how to address energy-induced inflation and divisions are likely to reopen later this month over how aggressive it needs to be in tackling the impact of the Iran war, according to FT

Iranian media reports dozens of successive explosions in the city of Karaj, according to Sky News Arabia

South Korean lawmaker, citing the spy agency, says North Korea may be developing a multi-warhead ICBM by testing a new engine

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This uncertainty may signal a potential shift in their policy stance that could influence expectations around interest rates, and traders should be cautious of volatility in GBP and fixed income as the debate unfolds.

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