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Other top events this week

UK
  • In addition to the potential remit revision, Tuesday will see labour market data for February (and more recent experimental data), Wednesday inflation data for March and Friday will see retail sales data for March (alongside the public finance release). All of these data are likely to be watched, albeit all will have been impacted by lockdowns and the next monthly data set is likely to be much more informative.
  • With the MPC due to meet in two weeks, this will be the last full week of speeches ahead of purdah. Ramsden and Bailey are both due to speak Wednesday but neither have topics explicitly linked to monetary policy.
  • Note that Monday's APF operation will be the last that will see the 1.00% Apr-24 gilt eligible for purchase by the BoE with the gilt due to drop below 3 years to maturity this week.
  • For a full rundown of the week ahead's events including auction previews, QE tracker and BOE purchase analysis see the MNI Gilt Week Ahead here.

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