7th August 2013
STERLYTICS
All investors are holding their breath and keeping their powder dry prior to today’s Bank of England inflation report. Sterling had formed a perfect head and shoulders pattern over the last couple of months and true to the technical’s it bounced off its neckline. The Nonfarm payroll number combined with healthy industrial production numbers have pushed the pound higher by 2 cents over the last couple of days but all this could easily be reversed based on Mr Carney’s comments today’s.
The comments will probably reiterate a low interest rate bias for the foreseeable and if we have any sniff of a change on this policy the market will react aggressively. We have to consider the economy in the UK is still sluggish and anything but being accommodative will be taken as a negative and could see an easy 2 cent sell off.
所有的投资者都屏住呼吸,保持实力,密切关注英国央行今天将公布的通胀报告。在过去的两个月,英镑已经形成了一个完美的头肩顶形态,从技术层面来说,它已经从颈线反弹。非农就业数据及良好的工业生产数据推动英镑在过去两天上涨2美分,但所有的这些可能被卡尼今天将要发表的评论轻易逆转。
卡尼可能会重申在可预见的未来维持低利率,如果英国央行政策有任何改变,市场都会对此反应积极。我们必须认识到英国经济依旧不景气,宽松政策之外的任何事都会被视为消极信号,并且会使英镑轻易下跌2美分。