***/VIEW: Nomura has shifted its call for a.....>

BOE: ***/VIEW: Nomura has shifted its call for a BoE rate hike to November "at

the earliest (data dependent)". The rate call change comes after the BoE's

decision Thursday to keep interest rates on hold.

- "All of our 'twenty reasons' to justify higher rates remain intact, but it

seems that the MPC's 'lambda' (in Mr Carney's words - i.e. the weight the

Committee places on weaker output versus above-target inflation when setting

policy in "exceptional" timers) was higher than we thought," wrote Nomura.

- Nomura added that in coming weeks it expects the MPC "to continue to try to

convince the market to price in more hikes and we keep the November meeting live

as the earliest possible opportunity for a hike, but for the next few trading

sessions, until typical mid-month data releases, market sentiment is unlikely to

turn around materially."