BOE Will Easily Guide Pound Lower, Says Rosenstreich
It’s the most hotly anticipated Bank of England decision since, well, three weeks ago. Back then officials surprised investors by keeping rates unchanged and signaled they’d instead loosen this month. All will be revealed on Thursday at noon, when Governor Mark Carney and the Monetary Policy Committee publish their first full assessment of what the Brexit vote means for the economy and their defensive plan. Almost all economists in a Bloomberg survey say the benchmark rate will be reduced to a record low and most predict other measures as well. Swissquote Head of Market Strategy Peter Rosenstreich discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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BNP's Edmund Shing Sees Tax Cut Boost in U.S. Market
51:51 - Edmund Shing, global head of equity derivative strategy at BNP Paribas, talks about the boost to companies and markets from potential U.S. tax cuts. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)