The research team at TD Securities expect the BoE’s MPC to vote 9-0 for unchanged policy at Thursday’s meeting. Key Quotes “The new forecasts are likely to show relatively little change vs the August forecasts, though we note that risks in our view tilt to the downside for 18Q4 growth. The MPC is likely comfortable with the current slope of the yield curve, which shows about one hike priced in for 2019.” “Budget Preview: The UK budget is released on Monday, with a vote on Thursday. We expect this year’s large revenue surprise to be carried forward, but spending pledges on the NHS and “ending austerity” are likely to eat up this and more, leaving the overall fiscal picture broadly unchanged. With Brexit (hopefully) around the corner, the government will hold off on any major policy announcements until greater clarity is revealed. For the current fiscal year, we would expect the DMO to scale down the proportion of the “unallocated” Gilt sales which currently stand at £3.6bn and some reduction in the bill stock. Thus, the overall allocations of Gilt issuance across different maturities should remain intact.” 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 Gold to stage modest recovery from 19-month lows – Reuters poll FX Street 4 years The research team at TD Securities expect the BoE's MPC to vote 9-0 for unchanged policy at Thursday's meeting. Key Quotes "The new forecasts are likely to show relatively little change vs the August forecasts, though we note that risks in our view tilt to the downside for 18Q4 growth. The MPC is likely comfortable with the current slope of the yield curve, which shows about one hike priced in for 2019." "Budget Preview: The UK budget is released on Monday, with a vote on Thursday. We expect this year's large revenue surprise to be carried forward, but spending pledges… 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.
