Disliked{quote} Im no expert for sure, but my opinion is that only no.3 will directly impact outlook, the other 2 is prob just intraday impact as it happens. How the brexit talk unfolds will definitely impact but negative more on ftse? Talks will be a long process and unless anything concrete comes out i dont want to be trapped in the middle for gbp. The recent comment by boe about current levels pushing inflation up leaves me thinking 1.25/6 as their base level for rate increase? If we are still in wide neutral zone for MT, i would prefer still to look...Ignored
with MPC vote count i think this is somewhat deceiving for markets, in the sense that the shift from 1 to 3 votes in favour really will be falling back towards 2 after Forbes has left in few months... this is the start of the guidance shifting towards a hike, but will take around 2 years (or duration of negotiations) to completely turn the ship; after all there is a lot of cargo on board!!
I'm stuck between a rock and a hard place here because BOE from my point of view doesn't seem to be able to get involved and air that is below 1.21 could be unlocked very quickly, as sisse has mentioned many times could be a sweep in a risk off leg as no one really wants to be sitting in sterling longs - i still feel that we are seeing the risk of scotland and N.Ireland referendums clearing because of protestant and SNP reasons as mentioned before but would you have any thoughts on this, or could anyone jump in and offer some guidance?
