Money markets trim bets of a BOE rate cut next year

LONDON (Reuters) - Market expectations of the first quarter point rate cut from the Bank of England has shifted to December 2020 from March next year as hopes that Britain and the European Union may be able to break a Brexit deadlock have grown.Bets of a breakthrough have grown after British Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said they saw "a pathway to a possible deal" on Thursday, fuelling a rally in the pound.Any Brexit deal would reduce the pressure on the..