Free Trial

Additional language to "consider all information available" in August driving market react

BOE
  • The MPS noted that "as part of the August forecast round, members of the Committee will consider all of the information available and how this affects the assessment that the risks from inflation persistence are receding".
  • This paragraph is driving the initial market reaction with GBPUSD down just under 20 pips to 1.2680 low, 1.2688 now. Gilt futures jump around 20 ticks to 98.77 now (98.83 high).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.