Analysts at Danske Bank point out that today’s session is kicking off with the Riksbank rate decision at 9.30 CET, later followed by the BoE and are going to be the key events for the day.
Key Quotes
“We look for a rate hike of 25bp, the first one since July 2011. See page 2 for more details.”
“The Bank of England (BoE) is expected to keep the Bank Rate unchanged and as it is an interim meeting with no Inflation Report, we do not expect any major new signals. The BoE is in a wait-and-see mode to see how the Brexit deal ends up.”
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