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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Good morning,
Here we are....Super Thursday. First is the Bank of England interest rate decision. Analysts have predicted another hike. This time of 0.5% taking the base rate to 1.75%. Following the 0.75% hike in the States this looks nailed on. What could be interesting is the Monetary Policy Committee (MPC) rate count. Analysts are expecting a unanimous 9 to 0 vote in favour of 0.5%. Let's see what happens.
This hike looks to have been priced into the Pound already as rates have tracked generally sideways over the last 24 hours.
However it's not just the interest rate decision out today. There's also the BoE asset purchase facility out, the BoE monetary policy report, a speech by the BoE's Huw Pill and finally a speech by the BoE Governor, Andrew Bailey. What a day.
And if that wasn't enough there's jobless claims out from the US later and the Halifax gives us it's house price data at breakfast tomorrow. Could be an interesting 24 hours.
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Today’s Economic Calendar
UK: 12:00 BoE Interest Rate Decision
UK: 12:00 BoE Monetary Policy Report
UK: 12:00 BoE Asset Purchase Facility
UK: 12:00 MPC Vote Count
UK: 12:15 BoE Huw Pill Speech
UK: 12:30 BoE Governor Speech
US: 13:30 Jobless Claims
UK: Friday 07:00 Halifax House Prices
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As ever we look forward to keeping you in the loop and look out for our next update.
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