FW: [Maybank] GBP – Temporarily Weighed by Politics, BoE and Data Surprises

 

 

GBP – Temporarily Weighed by Politics, BoE and Data Surprises FX Flash by Saktiandi Supaat FX Research This week brings a few events risks for GBP: (1) whether PM May managed to strike a "compromise" with her "war cabinet" over Britain's future customs relationship with EU after the expiry of the transition agreement on 31 Dec 2020; (2) BoE MPC decision and Quarterly Inflation report on Thu. Uncertainty on Britain's future relationship with EU and PM May's leadership are sources of volatility for GBP. While BoE is now expected to keep policy rate on hold at 0.50%, a "hawkish hold" could ... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Christopher Wong     (65) 6320 1347     wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.