BoE governor's speech likely to cover Brexit

Bank of England Governor Mark Carney, during his speech, will be referring to the effects of a possible "Brexit" (Great Britain leaving the EU) for the UK and the BoE.

As Carney has suggested it is going to be "a bit of a yawner". Of course a central banker who comments on politically extremely sensitive issues obviously does not want to attract too much attention. So Carney will be cautious. 

Nonetheless his reasoning as regards stability concerns and economic advantages will be considered to be largely EU positive. From the market's point of view this should have an effect on the electorate which should allow Sterling to benefit as a Brexit becomes less likely, says Commerzbank.