Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the Read more…
Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the Read more…
Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the Read more…
Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the Read more…
Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the Read more…
The Swiss franc declined, losing about 1% to 0.8920 after a fresh batch of macroeconomic data. The unemployment rate remains at 1.9%, a historic low. But at the same time, inflation is surprising, falling short Read more…
US non-farm payroll employment grew 253k in April, well above expectation of 181k. However, prior month’s growth figure was revised sharply down from 236k to 165k. That compared to the average monthly growth of 290k Read more…
WTI contract is holding in recovery mode for the second straight day, following a dramatic fall this week, which hit the lowest since Dec 2021 before bouncing. Oil was down over 15% before regaining ground, Read more…
In ECB Survey of Professional Forecasters for Q2 2023, respondents downgraded their expectations for headline HICP inflation in 2023 downward. The lower headline inflation expectations are primarily attributed to expectations of reduced energy price inflation, Read more…
Daily Pivots: (S1) 168.88; (P) 169.64; (R1) 170.14; More… Intraday bias in GBP/JPY stays neutral for the moment. Downside of retreat should be contained by 167.95 resistance turned support to bring another rally. On the Read more…