Asset Purchase Facility (GBP) – 06/11

What is it? It checks the change in the total value of money the BOE will create and use to purchase assets in the open market.

It increases demand for bonds which usually leads to lower long-term interest rates.

When? November 6th at 7:00am Eastern Time.

 

Trading Tip: If the number is lower than the forecast, you can expect the GBP to rise.

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