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***Ahead of BoE monetary policy decision,.....>

SONIA
SONIA: ***Ahead of BoE monetary policy decision, MPC minutes and release of Nov
QIR at 1200GMT, MNI PINCH is implying a 89.5% chance of rates rising 25bp today
and a 74% chance of a 2nd hike at May 2018 MPC meeting. Markets pricing a full
25bp rate hike in Aug 2018, according to MNI PINCH calculations.
*Month........Rate......Prob 25bps Hike
*-----.......------....--------------- 
*November....0.438%.......89.5%
*December....0.449%.......94.0%
*February....0.546%......132.5%
*March.......0.553%......136.0%
*May.........0.648%......174.0%
*June........0.659%......178.0%
*August......0.727%......205.5%
*September...0.740%......211.0%

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