Th aussie dollar bond market remain unfazed, as the rba keeps rates unchanged, but warns further tightening may be required. In asia, stocks selling off. Bonds under pressure. Cleveland fed president Loretta Mesters has one more hike maybe in the cards this year. Jamie dimon warning the u. S. 10year could go much higher than expected. Can it go to 7 . The answer is yes. Are there factors that would drive it higher than where it is today, yes. Is supply and demand kaput . Yes. Kriti bank of england takes aim at the central bank forecast, predicting permanently higher Interest Rates in the u. K. Lets get right to the data because you will see action coming across futures. The theme of the day around the world seems to be a more hawkish tone for Central Banks. Do the markets believe it is the major question. Take a look at this a lot already underway in the futures market. A lot of this will be impacted by sentiment in asia. Euro stoxx 50 futures down 0. 8 , ftse 100 futures outperforming
Today s markets: Eyes on important BoE meet
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FTSE 100 today: London markets set to open higher before BOE policy decision; all eyes on rate cut clues
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Thursday preview: Bank of England, China trade data in the spotlight
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The Pound Sterling GBP to Euro EUR exchange rate has already retreated to 10-day lows just below 1.1650 before settling around 1.1665 and MUFG expects further losses.