FXStreet (Guatemala) – Analysts at Danske explained that the MPC’s August meeting (6 August) is very important as this will be the first time that we have the new ‘Super Thursday’ setup.
Key Quotes:
“The policy announcement, minutes and the new Inflation Report will all be released at the same time. We expect that there will be a split vote as we think the most hawkish MPC members will vote in favour of increasing the Bank Rate.”
“It will be interesting to see how the deal between Greece and its creditors has affected the views of the MPC members as the Greece situation was a ‘material factor’ at the July meeting. The new projections in the Inflation Report, including the effects of the government’s fiscal plans, will also attract attention.”
(Market News Provided by FXstreet)