UK: BoE Deputy Governor Jon Cunliffe in focus - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities point out that BoE Deputy Governor Jon Cunliffe speaks to the Cumbria Chamber of Commerce at noon BST and they'll be looking carefully for any signals that he might vote for a rate hike in August.

Key Quotes

“At this point, it takes only two more MPC members to join the three June dissenters to hike rates, and it sounds like Governor Carney is already in that camp. A positive tone from Cunliffe should, therefore, reinforce a rate hike next month.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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