CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

BoE: Policy likely to be on hold - TDS

2019-06-19 18:05

According to analysts at TD Securities, with economic data mixed and Brexit/politics muddling the outlook, the BoE’s MPC is likely to vote unanimously to leave policy on hold.



Key Quotes



“Increasingly hawkish comments set against a more worrisome global backdrop set the stage for surprise this week.”



“FX: Our base case suggests a muted reaction in sterling overall. Directional risks in GBP remain more a function of the UK's political backdrop and global risk environment.”



“Tonight’s FOMC keeps market risks fluid ahead of the meeting. We will update levels and views as necessary.”


This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

Economic news

    Exchange Rates

    GBPUSD +0.16% 1.30348
    EURUSD +0.08% 1.18202
    XAUUSD +0.30% 1907.7
    XTIUSD +0.33% 38.832
    NAS100 -0.11% 11505.6
    US30 +0.04% 27716.8