Gold Prices Slip as Fed Rate Hike Looms, Treasury Yields Rise 
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 
Asian Currencies Mixed as Dollar Hits Seven-Week High After Fed Hike 
ECB Rate Hike in Focus as Oil Tops $100 
Saudi Arabia Raises Security Alerts as Houthi Attacks Threaten Oil Routes 
Oil Prices Fall as U.S. Crude Inventories Rise, Middle East Risks Persist 
Bank of England Sees Surge in Higher-Risk Collateral 
Asian Currencies Mixed as Dollar Holds Gains After Fed Rate Hike 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
Vietnam, U.S. Firms Plan 29 Deals Across Energy, Tech and Aviation 
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The Bank of England (BoE) is expected to join the Federal Reserve and the European Central Bank (ECB) is keeping the monetary policy on hold throughout this year, according to a recent report from Rabobank.
Against the backdrop of intense political uncertainty regarding the UK’s withdrawal from the European Union, the Bank of England is trapped in a holding pattern.
MPC member Michael Saunders has indicated earlier in the year that he would like to see more clarity about Brexit before voting for a raise in rates, but the 6-month extension to Article 50 might be a little too much to ask.
In that case, the single dissent could also be interpreted as a signal that the MPC doesn’t permit Brexit to handicap its policy making. But even as the immediate risk of a no-deal Brexit has receded, we remain unconvinced.
