Thursday, November 5, 2015

Key events ahead: watch BoE and Fed speakers - Westpac

FXStreet (Guatemala) - Analysts at Westpac Banking Group noted the key events taking place in the day ahead.

Key Quotes:

"The Bank of England announces policy, minutes, as well as their quarterly inflation report and following press conference. A steady hand is expected but markets will be watching the vote split, previously at 8-1. We also see the new forecasts. Any strengthening in their tightening bias could surprise as markets have almost completely removed any rate hike risk over the next 9 months."

"Germany factory orders is expected at 1.0% in Sep after a -1.8% print in Aug."

"We hear from Fed Vice Chair Fischer at 11:30am Syd/8:30am Sing/HK as he speaks at a National Economics Club dinner. Lockhart speaks on central banking in Switzerland. There are other appearances by Fed speakers but these seem not to be focused on the economic outlook."
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