UK MPC Minutes at 09.30 GMT. Are we likely to see a change in the voting ?
In a word, unlikely
The two hawks are not inclined to change their views and we should see a 7-2 vote again to keep interest rates on hold with another 9-0 on QE
If there is a change then the markets will perceive it as GBP bearish given that it provides less pressure on Carney & Co to raise any time soon
Expect much discussion to have been had on inflation and wages but no surprises seen in real terms from today’s release
GBPUSD lower all of a sudden at 1.5133 so maybe someone has a different view or has had a look at the jobs/wages data
