DislikedUnlikley to see a rate rise re tomorrow's Uk Boe/MPC rate decision, or indeed any more Qe although that remains a bigger probability than a rate rise at the meoment. Ahead of that the Ind and manuf Prod numbers and this could cause some knee-jerk movement. ISM construct and manuf pmi dissapointed will these numbers be the same ? or will they surprise with upside prints like the ISM services yesterday ?
Time will tell.
G/LIgnored
imho rates will be unchanged and also no price reaction (no big reaction i mean)
best to watch is mnufactury production.
can move price to 6050....
impossible to predict!!
for the moment im curious to see where closes next h4 then daily candle
Yesterday was the past