Trial now
AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

BOE
BOE: ###(2/2) Analysts views continued:
- Barclays: Expect 7-2 vote for rate rise, with Ramsden a dissenter. While it is
50/50 between Cunliffe and Tenreyro. BoE likely to communicate start of hiking
cycle but we do not expect further rate hikes in 2018.
- Lloyds: 8-1 likely outcome for raising interest rates with Cunliffe possibly
voting for unchanged rates. Most interest on MPC forward guidance and if it
reiterates that markets are underestimating potential of interest rate rises.
- Danske: Expect BoE to raise rates to 0.50% with a 7-2 vote, with Ramsden and
Cunliffe dissenters but do not see this as beginning of a hiking cycle and see
no rate hike in 2018. BoE to repeat hikes will be 'gradual & limited'.
- Nomura: Expect 7-2 vote for rate hike and then 2nd rate hike 6-months later.
- TD Sec: Expect 25bps hike with vote likely 7-2 with Ramsden dissenting with
either Cunliffe or Tenreyro, though risk is for 8-1 or 6-3 outcome. MPC likely
to reiterate rate to rise faster than market expects and see 2nd rise in Feb.
- JPM: Expect 25bp rise in rates, while BoE likely to signal no rush to hike
again look for it to provide forecasts that imply further tightening in 2018.