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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

UK VIEW
UK VIEW: HSBC believe that BoE rate rises are off the table. The bank notes that
"in a late change to our long-held view, we expect the BoE to vote by 7-2 in
favour of keeping rates at 0.50% on 10 May. Given recent comments and weaker
data, the MPC is likely to wait for a clearer steer on the underlying trend in
activity. To us, the outlook points to no further UK interest rate rises this
year or next."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com