Search ForexCrunch

Analysts at TD Securities point out that the BoE Deputy Governor Broadbent will speak at 6pm BST on the history and future of QE and will be a key event for today’s session.

Key Quotes

“We think it’s unlikely that he delivers any clear hints about the August rate decision, unless there’s a feeling on the MPC that market pricing is not consistent at all with where they’re leaning.”

“Broadbent’s remarks may be interesting though for what he says on the future of QE, and any indication around how the BoE will treat its balance sheet going forward.”