Trial now
EURGBP TECHS

Maintains A Weaker Tone

US EURODLR OPTIONS

BLOCK, Midcurve Puts

GBPUSD TECHS

Eyeing The Next Fibonacci Retracement

PIPELINE

$2B Micron 3Pt Launched

US EURODLR FUTURES

BLOCK, Sep'22/Blue Dec'24 Spd

EURUSD TECHS

Remains Below The 20-Day EMA

MNI (London)
By Jamie Satchithanantham
     LONDON (MNI) - The Bank of England's Monetary Policy Committee will publish
their latest decision Thursday and analysts are unanimous in seeing no change in
policy.
     After delivering the first rate hike in ten years early in November, and
providing virtually no dialogue in the accompanying minutes suggestive of
further tightening in the near term, it seems as though the last MPC meeting of
the year will be a non-event. 
     Of the 13 analysts polled, all expected the MPC to keep the status quo
--holding the Bank Rate at 0.5% and the stock of total assets at stg445bn (gilts
stg435bn, corporate bonds stg10bn).
     Eyes will likely be on the minutes again to see whether any language was
indicative of any future changes monetary policy changes.   
------------------------------------------------------------
                                    Dec                  Dec
                                    BOE                  BOE
                    MPC Policy Decision  MPC Policy Decision
                            Bank Rate %   Gilt Purch Stg bln
Date Out                         14-Dec               14-Dec
Median                              0.5                435.0
Forecast High                       0.5                435.0
Forecast Low                        0.5                435.0
Standard Deviation                  0.0                  0.0
Count                                13                    8
Prior                               0.5                435.0
Berenberg                           0.5                  N/A
Capital Economics                   0.5                435.0
Commerzbank                         0.5                  N/A
HSBC                                0.5                435.0
Investec                            0.5                435.0
LBBW                                0.5                435.0
Lloyds TSB                          0.5                435.0
Natixis                             0.5                435.0
Nomura                              0.5                435.0
Oxford Economics                    0.5                435.0
UniCredit                           0.5                  N/A
--MNI London Bureau; +44 203-586-2226; email: jamie.satchithanantham@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MTABLE,MABDT$,M$B$$$,M$E$$$,M$$BE$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com