UK GDP and Trade Data: Better News for the BOE?

From orbex.com

Tomorrow we have an avalanche of data from the UK just before the market opening. Several bits are key for economic projections and whether or not the BOE will finally go through with its rate hike. Here’s a reminder of what the BOE has been up to. There was a 50-50 chance they’d raise rates at the last meeting, and they didn’t. This led to many analysts suspecting they will raise rates at the December meeting, but that’s not a guarantee. And the data coming out tomorrow might go a long way to either confirm that prediction or make it a lot more uncertain. Governor Bailey has been calling for a hike for some ... (full story)