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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.
EXECUTIVE SUMMARY
- The August MPC meeting has the potential to be a key event for the market, despite no changes expected to immediate policy.
- From a market perspective, however, whether there is a 7-1 vote or a 6-2 vote probably makes little difference. However, if the vote was 5-3, there would be another member of the MPC who had unexpectedly moved into the hawkish camp and we would expect there to be a market reaction.
- The sequencing review will potentially be much more significant. The MNI Markets team thinks the most likely change to the sequencing guidance will be to remove the Bank Rate threshold altogether, and leave maximum flexibility to the MPC.
- We discuss the market implications in the full document.
Click below for the full document:
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.
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