GBP

Bank of England speakers coming up on Tuesday, 7 February 2023: Ramsden, Pill, Cuncliffe

UK retail sales rise in January, BRC and Barclaycard data

GBPJPY finds sellers near the 200 hour MA

• 200 hour MA and 61.8% retracement on hourly chart stalls the move higher

UK January construction PMI 48.4 vs 48.8 prior

• Latest data released by S&P Global - 6 February 2023

Bank of England's Mann is speaking on Monday, 6 February 2023 -

UK January final services PMI 48.7 vs 48.0 prelim

• Latest data released by S&P Global - 3 February 2023

Bank of England's Pill speaking Friday, on the Bank's new forecasts & latest rate hike

Deutsche Bank on the Bank of England rate hike Thursday - overwhelming message was dovish

More comments from BOE officials: Consumers are becoming more resistant to higher prices

• More from BOE's Bailey and Broadbent

Sterling stays under pressure after BOE decision

• The BOE went with a 50 bps rate hike but hints that the bank rate may be nearing its peak

Pound remains subdued ahead of the BOE

• Hard to find anything to be optimistic about the pound at the moment

Bank of England to hike by 50bp to 4% today (that's consensus, with a risk of +25)

UK S&P Mfg PMI Final || 47 (Forecast 46.7, Previous 46.7)

• UK S&P Mfg PMI Final || 47 (Forecast 46.7, Previous 46.7)

U.K. Nationwide House Price Index MoM (Jan) || Act: -0.6% Prev: -0.1% Fcst: -0.3%

• U.K. Nationwide House Price Index MoM (Jan) || Act: -0.6% Prev: -0.1% Fcst: -0.3%

UK media report that a Brexit deal over Northern Ireland has been agreed to