What is it? It check the total value of money the BOE will create and use to purchase assets in the open market.
The announcement increases demand for bonds which usually leads to lower long-term interest rates.
Usual Effect: If the number is smaller than expected, you can expect the GBP to rise.
When? October 9th at 7:00am Eastern Time.
Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.
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