The tastylive network Trade Live with IG - November 6, 2025
Nov 6, 2025
Hosts delve into UK market movers, highlighting the upcoming Bank of England decision and the November budget. They discuss rate cut probabilities and the impact of easing inflation. The conversation shifts to recent IPOs and whether the equity rally is sustainable. Gold's performance and commodity technicals are examined, along with Jensen Huang's comments on AI competition. M&A activity in pharma and the implications of earnings misses also feature prominently, painting a vivid picture of market dynamics.
AI Snips
Chapters
Transcript
Event Risk Keeps Markets Choppy
- UK markets face heavy event risk from the 26th November budget and multiple central bank decisions today.
- Polling and chatter suggest traders expect a choppy consolidation rather than a decisive breakout.
Weakened Inflation Opens Cut Door
- UK inflation has weakened, giving the Bank of England some room to cut rates later.
- The vote outcome matters as markets price possible cuts but may wait for the budget before acting.
Use Technical Reference Points
- Draw buyer-interest areas and watch moving averages to manage trades around gold and miners.
- Use technical reference points like the 50-day and 20-day EMA to decide entry or caution.