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UK: Very Strong Retail Sales

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jun 19, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    We believe the Bank of England wants to see more data before putting too much emphasis on it. The risk of a hike is rising in the short term, but we still believe it to be below 50%. The markets are again pricing about 75bp of hikes after the number,...

    complete article here...

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