Danske Bank analysts point out that the Bank of England meets today and Carney & Co seem to be in no hurry to raise rates in the current environment. Key Quotes “Our case for a rate hike in November 2019 is under pressure given the other dovish central banks.” “In our core markets, all focus is on Norges Bank (NB), which we expect to raise the policy rate by 25bp to 1.00%, as the economy is in very good shape. We expect NB to signal another rate hike this year, with more to come next year, which is more aggressive than current market pricing. See next page for full preview and market implications.” “Today, the EU leaders meet to discuss, among other things, whether to grant the UK an extension of Article 50. A final verdict is not expected today. The EU summit starts at 14:00 CET and the Brexit discussion at 15:30. A press conference will be held afterwards.” “The Swiss National Bank (SNB) is widely expected to keep its policy rate unchanged at -0.75% at today’s quarterly meeting.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD completes a bullish pattern – Commerzbank FX Street 4 years Danske Bank analysts point out that the Bank of England meets today and Carney & Co seem to be in no hurry to raise rates in the current environment. Key Quotes "Our case for a rate hike in November 2019 is under pressure given the other dovish central banks." "In our core markets, all focus is on Norges Bank (NB), which we expect to raise the policy rate by 25bp to 1.00%, as the economy is in very good shape. We expect NB to signal another rate hike this year, with more to come next year, which is more aggressive… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
