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GBP: Trading The BoE - Views From 10 Sell-Side Strategy Desks
The following are brief expectations for the BoE November 2nd policy statementas compiled from the related notes of 10sell-side strategy and research desks. Overall,the consensus expects theBoE to raise rates by 25bps from 0.25% to 0.50%. On GBP front, the focus will be on the MPC vote outcome to indicate if this month's hike would bethe start of a gradual tightening cycle or a one-and-done deal. As such, the immediate balance of riskfor GBP into the meeting seems to be binary against a 6-3 vote in favor of a hike. BofAML Research:Given strongly worded guidance from rate setters,we expect theBoEto vote 6-3infavorof ... (full story)
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- Nov 2, 2017 3:57am Nov 2, 2017 3:57am
- GregZAR
- | Joined Nov 2016 | Status: Junior Member | 6 Comments
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- Nov 2, 2017 4:24am Nov 2, 2017 4:24am
- deltaone
- Joined Nov 2013 | Status: Made in Germany | 429 Comments
fortis fortuna adiuvat
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- Nov 2, 2017 5:27am Nov 2, 2017 5:27am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.