Low impact

UK September CPI data is due at 0600 GMT, with headline inflation expected at 3.4% y/y and core at 2.8% y/y, as markets price in a near-certain 25bp BOE rate hike for November.

InvestingLive10/21, 11:21 AM

Figures as quoted by InvestingLive

Market impact

Event risk

Which way this story pushes each asset. An inference from the story, not a measured move.

GBP
No clear push
IntradayLow confidence
Outcome versus the 3.4%/2.8% forecasts will determine whether hike bets firm or fade

What could change this

A below-forecast reading could reduce hike conviction and weigh on GBP despite the current hawkish lean.

1.3378-0.17%vs previous close

This story

10/15, 04:00 AMNow