Free Trial
USDCAD TECHS

Key Support Remains Exposed

AUDUSD TECHS

Pullback Extends, But Still Looks Corrective in Nature

US TSYS

FED Remains in Play Post-NFP/ISM Data

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: UK OBR Forecasts Out On Oct 31, Before BOE Meeting

(MNI) London

The Office for Budget Responsibility's official forecasts will be published on Oct 31, Chancellor of the Exchequer Kwasi Kwarteng announced on Monday.

This means that the Bank of England will be able to factor the forecasts into its November policy decision. The Treasury only announced its planned giveaways in its recent mini-Budget, without revealing any offsetting spending cuts or tax rises. The MPC will now be able to digest and react to the full fiscal arithmetic, with BOE Chief Economist Huw Pill having previously said that the mini-Budget would require a "significant" policy response. (See MNI INSIGHT: Functioning Market Allows BOE Gilt Buying Exit)

MNI London Bureau | +44 203-586-2223 | david.robinson@marketnews.com
MNI London Bureau | +44 203-586-2223 | david.robinson@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.