Heads up: Germany states’ CPI readings due later today
ECB policymakers have been worried about an uptick in inflation towards the end of the year. But so far, that hasn’t quite materialised. We will be getting the first taste…
Read More »ECB’s Holzmann: A 25 bps rate cut is probable in December
As a reminder, it was also “probable” that the ECB would’ve paused in October. And look at how things played out instead. It’s all about the data at this stage…
Read More »EUR/USD continues to slump after ECB rate cut
EUR/USD continues to backslide following the European Central Bank’s (ECB) quarter-point rate trim early Thursday.
Read More »ECB’s Knot: Further rate cuts coming through the first half of 2025
The European Central Bank (ECB) governing council member Klaas Knot said on Tuesday that the central bank is likely to continue to cut interest rates at least through the first…
Read More »Dollar looks to settle lower after some back and forth trading this week
If the Fed wants to organise things in an orderly manner, the market sure isn’t letting them do so. The odds of a 50 bps rate cut dwindled after the…
Read More »ForexLive Asia-Pacific FX news wrap: USD/JPY swings again on BoJ comments
US firms optimism in China has fallen to its lowest level ever JPMorgan still expects a 50bp Federal Reserve interest rate cut next week Japan wholesale inflation dipped due to…
Read More »Weekly Market Outlook (29-02 August)
UPCOMING EVENTS: Monday: US Treasury Refunding Financing Estimates. Tuesday: Japan Unemployment Rate, Eurozone Flash Q2 GDP, US Job Openings, US Consumer Confidence. Wednesday: Japan Industrial Production and Retail Sales, Australia…
Read More »Euro (EUR/USD) Little Moved as ECB Leaves Rates Unchanged, September Meeting Now Key
The European Central Bank left policy rates unchanged earlier, inline with market expectations, with the September meeting, and updated staff projections, now key.
Read More »Weekly Market Outlook (15-19 July)
UPCOMING EVENTS: Monday: New Zealand Services PMI, PBoC MLF, China Industrial Production and Retail Sales, Eurozone Industrial Production, BoC Business Outlook Survey, Fed Chair Powell. Tuesday: Eurozone ZEW, Canada CPI,…
Read More »Market Week Ahead: ECB, Inflation, US Earnings, Tech Stocks
There is a lot going on next week including the latest ECB rate decision, a raft of high importance economic data, and a bunch of heavyweight US earnings
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