“I felt a great disturbance in the Force, as if millions of analysts suddenly snapped their pencils in terror and were suddenly silenced. I fear something terrible has happened.“
Deutsche bank have gone long rubber futures as their analysts erasers have been going into overdrive.
They’ve brought forward their expectations for the first UK rate rise to November this year and see rates at 0.75% by year end and rates at 1.5% by the end of 2015
No doubt similar events are happening at many economists desks today.
Update: RBS has also brought forward their estimate to Feb 2015 from Aug 2015
