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| | | Global Markets Daily
by Saktiandi Supaat |
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| | | GBP jumped briefly above 1.36-handle last Fri following comments from BoE MPC member Vlieghe (considered one of the most dovish MPC members). He said a rate hike may be needed in coming months, further reinforcing BoE's accompanying statement on Thu. Markets are now pricing in 61% chance of rate hike at the next meeting on 2 Nov (22% as priced in by markets early this month). USD was softer as retail sales and IP disappointed but USD held ground, tracking gains in UST yields. USDJPY jumped... | |
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