News Headline Summary
BoE's King says size of asset purchases, sales will need to take into account repayments of maturing bonds
- MPC satisfied ability to set monetary policy unaffected by transfer of QE cash.
- QE cash transfer amounts to small loosening of monetary conditions.
- Majority of transfers will need to be reversed.
Reaction details (11:48)
- In reaction to the news, UK 10-year gilts futures move 31 pips to the upside from 120.60 to 120.91.
09 Nov 2012 - 11:44
Subscribe Now to
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts