Week Ahead (2/2)

• In terms of MPC speakers, we will hear from Tenreyro and Haskel on Monday. Tenreyro's webinar is on the monetary toolkit and it will be interesting to see whether she elaborates on her views on negative rates given that she is one of the members that is seen to be most in favour and often speaks about the positive experiences of negative rates in Europe. Haskel will be a panellist discussing AI technology in the post-Covid recovery. Governor Bailey is due to speak twice – on Tuesday and Wednesday but has made a number of appearances recently so is unlikely to surprise. Ramsden gives a public lecture for Nottingham University on Tuesday while Haldane speaks at The CityUK's National Conference on Wednesday.
• On the data front, inflation data on Wednesday is unlikely to move the market much (other than potentially RPI data for linkers). The biggest release of the week will be retail sales for October, although even this data is still looking pretty outdated after England's second national lockdown began in November. Public finance data will be watched on Friday as it will be the last release ahead of the OBR's next forecasts which are due to be released on 25 November alongside the Spending Review but will probably still not give huge amounts of new information about the remit update which will also be due on 25 November.

https://marketnews.com/mni-gilt-week-ahead-november-16-2020