Global trade tensions have intensified.
Global risks could crystallise longstanding risks of a snap back in interest rates.
UK consumer, company debt-service burdens are low.
Banks’ capital has risen, can withstand a Brexit shock.
Rising protectionist sentiment could sap strength of global economy.
Mitigating cliff-edge Brexit risks to financial system also rely on efforts from EU.
I don’t expect Carney to touch on monetary policy in his speech here as it pertains mostly to financial stability, the banking system and financial risks.
Trader Aleksandar Kumanov