BoE is the one to watch this week - UOB

Analysts at UOB noted that the attention is likely to fall on central banks among the developed economies instead of the data docket this week (11-15 Jul).

Key Quotes:

"The key one to watch is the Bank of Englan's July monetary policy decision on 14 July where BOE Governor Mark Carney could cut rate by 25bps and prepare the markets for the reintroduction of QE but we do not think the BoE will not lower rates into negative territory."