英镑:英国央行将维持利率不变,12月降息仍在考虑中 – 荷兰国际集团
荷兰国际集团(ING)外汇分析师弗朗切斯科-佩索莱(Francesco Pesole)指出,市场预计今天英国央行降息的概率为25%。

市场正在定价英国央行今天降息的概率为25%,荷兰国际集团(ING)外汇分析师弗朗切斯科-佩索莱(Francesco Pesole)指出。

未来几周英镑的上行空间仍然有限

“我们的预测是维持不变,因为单一的积极通胀数据不足以使货币政策委员会(MPC)大多数成员支持降息。但投票分裂可能为6-3,或者更鸽派的5-4,这将表明12月降息的门槛并不高。”

“我们认为今天英镑有一些上行风险,因为市场可能没有收到明确的12月行动信号(定价为16个基点),同时考虑到欧元/英镑仍在其短期公允价值上方约1%交易。由于长期国债表现良好,我们解读这种风险溢价为对英国经济前景恶化的外汇投机预期(而不是财政状况恶化),这仍未反映在短期利率中。”

“无论如何,未来几周英镑的上行空间仍然有限,因为税收上调和CPI数据的前景可能最终巩固鸽派押注。我们的年末目标仍为0.880的欧元/英镑。”

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