MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI Gilt Week Ahead: Key April Services Inflation Print Due

It is a busy week for UK data. We look ahead to UK CPI and the flash PMI prints in particular as well as this week's MPC speakers.

HomepageGlobal IssuanceGlobal Issuance - UKMarkets
  • It is a busy week for UK data. We think that Wednesday's CPI print will be the most important single indicator determining whether the BOE cuts rates in June or remains on hold (likely until August). We look ahead to this print.
  • In addition to the CPI print, Thursday will see the UK flash PMI released. The headline number of course is important here, as always, but even more important will be whether the report still points to evidence of lower passthrough of costs to prices (services prices in particular).
  • We look ahead to other data this week as well as MPC speakers (as well as looking back on Broadbent's speech this morning).
For the full MNI Gilt Week Ahead document which also includes auction previews for the week ahead see:

GiltWeekAhead20240520.pdf


142 words

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.
  • It is a busy week for UK data. We think that Wednesday's CPI print will be the most important single indicator determining whether the BOE cuts rates in June or remains on hold (likely until August). We look ahead to this print.
  • In addition to the CPI print, Thursday will see the UK flash PMI released. The headline number of course is important here, as always, but even more important will be whether the report still points to evidence of lower passthrough of costs to prices (services prices in particular).
  • We look ahead to other data this week as well as MPC speakers (as well as looking back on Broadbent's speech this morning).
For the full MNI Gilt Week Ahead document which also includes auction previews for the week ahead see:

GiltWeekAhead20240520.pdf