Thursday, May 10, 2018

FW: [Maybank] Central Bank Rush



Central Bank Rush

Global Markets Daily
by Saktiandi Supaat

FX Research

BoE MPC meeting decision and Quarterly Inflation report (at 7pm SG/KL time) and Governor Carney's press conference today (730pm SG/KL time) will be closely watched today. While BoE is expected to keep policy rate on hold at 0.5%, we do not rule out the risk of a hawkish hold if Carney can keep rate hike hopes alive this year. This could see GBP rebound. BNM is expected to keep rate on hold at 3.25%. BSP could raise rate by 25bps later amid rising price pressures. Failure to hike could see ...


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