The probability of the Bank of England raising interest rates in November has risen to 83%, with market focus on speeches by officials such as Andrew Bailey

The market is waiting for Bank of England officials to give a speech on Thursday in search of clues for a November rate hike. Bank of England Governor Andrew Bailey, as well as members of the Monetary Policy Committee Hugh Peel, Meghan Green, and Claire Lombardley, are expected to deliver speeches at different forums. Investors are paying attention to the statements of Andrew Bailey and Claire Lombardelli to determine whether they are inclined to raise interest rates in November. At present, market pricing shows that the probability of the Bank of England raising interest rates in November is 83%. (Source: Jin Shi)