Outlook of the Bank of England's interest rate decision

(AI Video Summary)

China's trade balance

In today's "Look ahead' to Thursday, 9 May, Angeline Ong discusses key financial events, focusing on China's trade balance, with exports and imports expected to rise.

Bank of England's interest rates decision

The spotlight is also on the Bank of England's interest rate decision, with markets indicating an 11% chance of a rate cut, potentially impacting the GBP/USD (Cable) exchange rate.

Earnings reports

Also mentioned are earnings from ITV, Rathbones, and John Wood Group, with ITV stock in focus for its potential to breach a technical resistance level, hinting at market movements ahead. The transcript underscores the importance of bank decisions on Forex markets and company earnings on stock performance.