More comments by Bank of England governor Mark Carney in the Q&A session
- Confident that BOE will be a lot better informed on Brexit prospects by end of the year
- BOE will be able to adjust policy as appropriate if there is greater Brexit uncertainty
- Market volatility was extremely low before this, and it is healthier when markets have two-way risk around prices
- Would hesitate to say it is welcome, but not entirely surprising what has happened to volatility in markets
Nothing major from Carney still, as we see cable now hit session highs of 1.4026. Sterling continues to gain on the day as well, with EUR/GBP now at 0.8748 and GBP/JPY at 153.80.
