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Analysts at Danske Bank suggest that in the UK, they do not expect any policy changes at today’s Bank of England (BoE) monetary policy meeting.

Key Quotes

“Attention will be on the accompanying Inflation Report, the minutes and Governor Mark Carney’s press conference.”

“Finally, in the US,ISM manufacturing data is due. We flag that this number has been too high compared to reality for the past couple of years. Therefore, focus should be on Markit PMI, which rose to 55.9 in October compared to 55.5 in September, to gauge US growth.”