FXStreet (Guatemala) – Analysts at Westpac Banking Group noted the key events taking place in the day ahead.
Key Quotes:
“The Bank of England announces policy, minutes, as well as their quarterly inflation report and following press conference. A steady hand is expected but markets will be watching the vote split, previously at 8-1. We also see the new forecasts. Any strengthening in their tightening bias could surprise as markets have almost completely removed any rate hike risk over the next 9 months.”
“Germany factory orders is expected at 1.0% in Sep after a -1.8% print in Aug.”
“We hear from Fed Vice Chair Fischer at 11:30am Syd/8:30am Sing/HK as he speaks at a National Economics Club dinner. Lockhart speaks on central banking in Switzerland. There are other appearances by Fed speakers but these seem not to be focused on the economic outlook.”
(Market News Provided by FXstreet)