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Speakers / data this week

UK
  • This afternoon at 15:30GMT will see MPC members testifying before the Treasury Select Committee (TSC) with Bailey, Haldane, Saunders and Tenreyro all due to make an appearance. It is likely that questions over future negative rates will be asked along with questions over the pace of QE next year. It will be particularly interesting if the details of QE are discussed (maturity buckets, allowable free float purchases etc) but these may be questions that are too technical in nature for the TSC.
  • Separately we will hear from Haldane on Monday, Haskel on Tuesday and Tenreyro on Friday.
  • On the data front, we will receive the flash PMI data this morning at 9:30GMT with readings expected to fall back as this will be the first data to truly encompass the English lockdown. However, falls are not expected to be anywhere near the scale seen during the first lockdown.
For more on the UK's events this week see MNI Gilt Week Ahead.

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