MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI BRIEF: BOJ To Focus On Continued Positive Wage Setting

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI BRIEF: Caixin July Manufacturing PMI Falls Below 50

MNI: US Q2 PREL UNIT LABOR COSTS +0.9% VS Q1 +3.8%; Y/Y +0.5%

MNI: US JOBLESS CLAIMS +14K TO 249K IN JUL 27 WK

VDMA Factory Orders Remain Weak in June

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Analyst Views - Hawkish to Dovish(4/4)

BOE
Bank of AmericaBOE "was dovish, period." Expect first 15bp hike Feb22 followed by 25bp in May22 and 25bp in Feb23. Risk is a Dec21 hike but "either way" expect Bank Rate at 0.25% in Feb22.
HSBCStick to base case of 15bp Feb22 hike and 25bp hikes in Aug22 and Feb23. "Risks in all directions" and Dec21 is live but Nov decision shows MPC "places value on that clarity".
PantheonContinue to expect on hold in Dec21 (in a "finely balanced" call) with 15bp hike in Feb22 and a further 25bp hike in Aug22 then on hold through the rest of 2022.
UniCreditMove first hike to Feb22 (lack of urgency in MPC language, more details on end of furlough and labor market). Then one further 25bp hike during 2022 (previously two more).
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.