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Sterling tumbles as declining inflation cements BoE cut bets - REUTERS

DECEMBER 17, 2025

By Joice Alves

LONDON, Dec 17 (Reuters) - Sterling was set for its biggest one-day drop in weeks on Wednesday as investors added to bets that the Bank of England will cut rates on Thursday after data showed British inflation unexpectedly fell sharply in November.  

MARKET NEWS

December 17 Sterling weakens after UK inflation data, dollar gains ahead of central bank decisions December 17 Bank of Japan expected to hike rates to 30-year high - AFP December 17 Bitcoin re-takes $90,000 as price spikes early in U.S. session - COINDESK December 17 Bitcoin Fatigue Sets In as Token Heads for Fourth Annual Loss - BLOOMBERG December 17 Gold spot prices could breach $4,600/oz as soon as Q1: BMO - INVESTING.COM December 17 US adds Nigeria to travel restriction list - PUNCH December 17 Customs to penalise banks over delayed revenue remittance - PUNCH December 17 Workers suffer historic squeeze despite easing inflation – NLC - PUNCH December 17 Analysis-Crypto investors show caution, shift to new strategies after crash - REUTERS December 17 Gold Approaches Record as Traders Watch US Data and Venezuela - BLOOMBERG December 17 Oil Rallies as Geopolitical Risks Mount From Russia to Venezuela - BLOOMBERG December 17 Steady naira brings smartphone market back to life - THE SUN December 17 CBN: Prioritising Naira Stability Amid Rising Forex Reserves - NEW TELEGRAPH December 17 South African rand flat ahead of leading economic indicator, local inflation data - REUTERS December 17 South African inflation eases, economists see more rate cuts ahead - REUTERS December 17 Gold price climbs above $4,300 amid weaker dollar and Fed rate cut bets - YAHOO FINANCE December 17 How China’s strengthening yuan could support bitcoin prices - COINDESK December 17 Sterling tumbles as declining inflation cements BoE cut bets - REUTERS December 17 Eurozone inflation holds steady at 2.1% in November - YAHOO FINANCE December 17 Africa nears record $1 trillion in state-owned assets under management - REUTERS December 17 Interest rates almost certain to be cut by Bank of England ahead of Christmas - YAHOO FINANCE December 17 CBN revokes licences of Aso Savings, Union Homes as NDIC begins deposit payments - THE GUARDIAN December 17 Report: Upper Single Digits Inflation Hinges on Sustained Naira Appreciation - THISDAY December 17 Naira down to N1,485/$ in parallel market - VANGUARD December 17 FX windfalls fade as top banks return to core lending - THE SUN December 17 Buhari’s biography links naira redesign crisis to EFCC - THE GUARDIAN December 17 UK inflation falls by more than expected to 3.2%, adding to case for interest rate cu... (read more) December 16 China puts anti-dumping tariff of up to 18.9% on imports of pork from the EU - ASSOCIATED PRESS December 16 Bitcoin, ether and XRP extend losses as year-end caution builds - COINDESK December 16 US dollar close to multi-week lows versus euro and yen before US data - REUTERS

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