Matt Buckland Mood Quotations

With the rate verdict due later, there's a cautious mood creeping into equity markets as although a 25-basis-point hike is widely expected, there's little consensus as to just how long the aggressive stance over interest rates will now continue for.

The fact that we're approaching the end of the quarter is being seen as a key driver here, although a generally buoyant mood amongst equities in Japan and much of Europe appears to be providing some support here too.

Although the London index may have closed just slightly below these levels, with the overall mood for equities remaining positive, expectations are now for the market to hold onto these gains in early trade.