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Sep 28, 2015
GBP/USD: key events taking place this week - Scotiabank
FXStreet (Guatemala) - Analysts at Scotiabank explained that this week’s primary domestic risks lie with Tuesday’s speech from Gov. Carney, Wednesday’s final GDP for Q2, and Thursday’s manufacturing PMI.
Key Quotes:
"Carney continues to maintain a hawkish bias, his tone providing a contrast to market expectations as we note the moderation in OIS since the September 17 FOMC.
BoE Chief Economist Haldane has maintained a remarkably dovish tone, highlighting downside risks with a focus on the potential need for further easing. Scotiabank continues to expect a Q1 rate hike."
Key Quotes:
"Carney continues to maintain a hawkish bias, his tone providing a contrast to market expectations as we note the moderation in OIS since the September 17 FOMC.
BoE Chief Economist Haldane has maintained a remarkably dovish tone, highlighting downside risks with a focus on the potential need for further easing. Scotiabank continues to expect a Q1 rate hike."