The Bank of England cut Bank Rate today by 25bps, as universally expected. The vote was 8-1 in favour, with one dissent to hold from Mann. Guidance was left broadly unchanged, with the MPC noting that ‘a gradual approach to removing policy restraint remains appropriate’, TDS’ macro analysts note.
“As nearly universally expected, the Bank of England cut Bank Rate today by 25bps to 4.75%. The vote to cut was decisive, at 8-1. The MPC's analysis of the recent budget yielded a substantial boost to growth and inflation, reinforcing its guidance of gradual cuts.”
“The upgrades to inflation and growth were met with unchanged guidance. This left rates markets with a rather blurry picture. We still think that the BoE decision should help somewhat to calm the rates space after last week's budget. Trading wise we favour steeper 2s10s curves.”
“The GBP strength from the BoE decision can be short-lived with the risk of hawkish FOMC and the looming risk of US election implications. GBP positioning is still more optimistic than non-USD peers making it vulnerable to a correction. We like GBP lower vs USD and JPY.”
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.