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SONIA
SONIA: Very little change to market pricing of future interest rates with MNI
PINCH seeing chance of the next rate hike in August 2019 at 89.5% vs 90% before
BoE decision. Chance of a further 25bp rate hike per meeting below:
* November now at 8% vs 7.5% prior
* December now at 19.5% vs 9.0%
* February now 39% vs 36.5%
* March now at 37.5 vs 40.5%
* May now at 65% vs 67.5%
* June now at 69.5% vs 70.5%
* August now at 89.5% vs 90.0%

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