Headlines: Cooler US inflation gives markets a bit of a breather USD/JPY shrugs off the surprisingly soft US CPI as Middle East crisis keeps inflation risks alive ECB policymaker Nagel says interest…
Financial markets move faster than ever. Prices shift in seconds, news travels instantly, and investors are expected to make decisions in an environment that rarely slows down. Yet amid that speed, one…
S&P 500 futures are up 0.1% and Nasdaq futures up 0.4% on the day currently. This follows up from the slight gains yesterday, which helps to bite back at a chunk of…
FUNDAMENTAL OVERVIEW USD: The US dollar weakened across the board yesterday following the surprisingly soft US core inflation figures. The data triggered a dovish repricing in interest rate expectations with traders…
May industrial production -0.2% vs +0.2% m/m expected Prior +0.1%; revised to +0.3% That’s a notable miss on estimates with the country-level breakdown showing a sizable drop in industrial output for Ireland…
Inflation in Eurozone is currently hovering around 3% and is expected to remain above that level until early 2027 In considering future interest rate decisions, ECB’s goal is to keep inflation expectations…
A modest downward revision to the BOJ’s inflation forecast would on its own read dovish, but the accompanying signal that hiking conditions remain intact should keep JGB yields and yen-hawkish positioning supported.…
Monetary policy will maintain its vigilant stance From a geopolitical perspective, the past few weeks have been characterized by hopes and disappointments From a monetary policy perspective, it remains adivsable to react…
To continue to implement appropriately loose monetary policy Will step up counter cyclical adjustments, help to expand domestic demand conditions 7-day reverse repo rate remaisn the main policy rate, which provides pricing…
I don’t think the draft economic blueprint upset markets Foreign exhcnage rates are determined by markets We aim for a strong economy and sustainable fiscal policies Interest rates and foreign exchange are…
June final CPI +3.2% vs +3.2% y/y prelim Prior +3.2% June final HICP +3.6% vs +3.6% y/y prelim Prior +3.6% Core CPI +2.9% y/y Prior +3.0% Spanish inflation holds steady in June,…
Full report here ECB’s Stournaras said renewed hostilities in the Middle East have reignited uncertainty over the inflation and growth outlook after the swift easing in energy prices following the US-Iran Memorandum…
