BOE's QT Plans Unlikely to Have Major Negative Impact on Sterling

Dow Jones
09/18

0850 GMT - The Bank of England's overhaul of its quantitative tightening program weighed on sterling alongside U.K. government bond yields Thursday but the impact on the currency should prove limited, MUFG Bank's Derek Halpenny says in a note. The BOE's announcement should help contain long-end gilt yields, reducing risks to the market ahead of the October budget, he says. This should limit the fallout for sterling, especially with the BOE likely to raise rates in November, he says. Sterling rises 0.1% to $1.3370 after reaching a seven-week low of $1.3333 Thursday, LSEG data show. The euro trades flat at 0.8587 pounds after hitting a two-week high of 0.8606 Thursday.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10