The Bank of England is expected to keep interest rates unchanged, with market expectations at 80%.

According to Jinshi, AJ Bell investment director Moss Mould said in a report that the Bank of England will decide on interest rates tonight after the Federal Reserve cut interest rates by 50 basis points, but is not expected to take the same approach.

Mould said the Bank of England did not have enough reason to cut rates again after cutting them in August, with markets pricing in about an 80% chance of no change in rates.