Key events ahead – Westpac

By FXStreet FXStreet (Guatemala) – Analysts at Westpac offered details of the key forthcoming events for today.

Key Quotes:

“The Bank of England ends its policy meeting and we also have the quarterly press conference on the Inflation Report. While the first hike still looks some way away as inflation remains low, in Jan the MPC voted 8-1 to keep rates steady at 0.5%, with McCafferty dissenting in favour of a hike. The Inflation Report will provide an update on the BoE’s CPI and GDP projections.

US Dec factory orders are expected at -2.8% though should see only a small revision to durable goods orders. We hear from FOMC voting members Rosengren in the Asian afternoon on regulation and Mester around NY close on the economy and monetary policy. Kaplan also speaks on the global economy.”
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Source:: FX Street