ING’s call sets up a bearish CAD view even after a period of relative currency resilience, arguing that markets are still applying a 2025 style playbook that assumes escalation gives way to…
Himino’s direct call for “timely” rate hikes, delivered in his own words rather than through analyst interpretation, sharpens the hawkish read markets had already been building around this speech. His framing of…
The slowdown to an 11.2% annual pace, well below the 18.7% clip logged in the first half, will raise questions over whether the AI-driven turnaround in Chinese industrial profitability is starting to…
The household spending beat is likely to firm up market pricing for an RBA rate hike, with the acceleration in annual growth to 7.0% suggesting consumer demand is running hotter than the…
Himino’s remarks read as a clear reaffirmation of the BOJ’s tightening bias, with his explicit statement that the bank should continue raising rates and adjusting the degree of accommodation likely to keep…
Just a heads up post as the news is widely circulating. UKMTO clearly state the attack was a couple of days ago. Oil prices little changed. This article was written by Eamonn…
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. PBOC injected 103 billion yuan of 7-day reverse repurchase operations at 1.40%,…
The move lands in line with market pricing, with 18 of 35 economists surveyed by Reuters having called for the hike, limiting the scope for a sharp won or bond market reaction…
Traders are treating Thursday’s Himino address as a live test of September rate hike pricing, given his standing as one of the board’s more hawkish voices. Any emphasis on upside inflation risk…
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched…
Schmid’s television appearance lands squarely within the week the Fed itself has put centre stage, with the Kansas City Fed’s own Jackson Hole symposium running Thursday through Saturday and drawing the world’s…
The shift among major bank economists toward a near certain RBA hike this year materially changes the near term outlook for Australian rates markets. With CBA’s move, six of the seven institutions…
