Expectations rise for UK hikes after MPC comments

Reuters poll shows that BOE rate hike expectations are rising

A good old Reuters poll just out now shows 60% of respondents see a UK rate hike coming by the end of Q1 2016, up from 55% at the last poll. The expectations for a hike in Q1 2016 remain the same

Growth estimates remain the same at 0.5-0.7% per quarter through to the end of 2016The pound will see increased risk on Wednesday when we get the July MPC minutes and votes. It's probably too early to see a change in vote but the market might get a tad excited after the recent comments from Carney