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Monthly archive November, 2017
GBP: Trading The BoE – Views From 10 Sell-Side Strategy Desks
The following are brief expectations for the BoE November 2nd policy statement as compiled from the related notes of 10 sell-side strategy and research desks.
Overall, the consensus expects the BoE to raise rates by 25bps from 0.25% to Read More →
GBP looks on to an expected rate rise by BoE; USD backs off from earlier highs
No changes out of the Fed communication yesterday as the committee concluded its 2-day policy meeting. No rate changes were really expected but the Fed stepped-up talk of stronger economic growth and labour markets and in the process heightened the Read More →
EUR: Strong On Crosses; GBP: Bullish Momentum Building Into BoE – ING
ING FX Strategy Research notes that Eurozone 3Q17 GDP beat expectations yesterday and has provided some support to the EUR on the crosses.
"EUR/USD is still battling with a strong USD, however, and unless it can break back above Read More →
Chinese PMI and Brent lifts sentiment; USD looks on to FOMC communication
The sentiment was one of optmism in Asia as the major equity indices delved into positive territory. Lifting the mood was a reading of 51 on the Caixin China PMI MFG index which came in line with expectations – the Read More →