European Stocks End Losing Streak as BOE Holds Steady

The video discusses the rebound in European stocks after a period of decline, highlighting the performance of William Morrison Supermarkets, which reported strong growth and exceeded financial targets. It also covers UK economic indicators, including retail sales and the Citi Economic Surprise Index, showing data exceeding expectations. Finally, it examines the Bank of England's interest rate cut expectations, noting a slight increase in the probability of a rate cut.

Which sector led the rebound in the European stock market?

• Technology

• Insurers, travel and leisure

• Healthcare

• Energy

What was the significant achievement of William Morrison Supermarkets?

• Opening new stores

• Merging with another company

• Biggest gain since October 2014

• Launching a new product line

What does a figure above 0 in the Citi Economic Surprise Index indicate?

• Data is not available

• Data is beating economic forecasts

• Data is below economic forecasts

• Data is meeting economic forecasts

What was the actual decline in UK retail sales compared to the economists' estimate?

• 0.2% decline, estimate was 0.4%

• 0.3% decline, estimate was 0.5%

• 0.4% decline, estimate was 0.2%

• 0.5% decline, estimate was 0.3%

What is the current probability of a UK rate cut in the Bank of England's November meeting?

• 10.5%

• 20.0%

• 14.8%

• 16.7%