We expect the Bank of England (BoE) to hike the Bank Rate by 25bp on 3 August. We expect a peak in the Bank Rate of 5.50% with risks tilted to the upside. We see Read more…
We expect the Bank of England (BoE) to hike the Bank Rate by 25bp on 3 August. We expect a peak in the Bank Rate of 5.50% with risks tilted to the upside. We see Read more…
We expect the Bank of England (BoE) to hike the Bank Rate by 25bp on 3 August. We expect a peak in the Bank Rate of 5.50% with risks tilted to the upside. We see Read more…
We expect the Bank of England (BoE) to hike the Bank Rate by 25bp on 3 August. We expect a peak in the Bank Rate of 5.50% with risks tilted to the upside. We see Read more…
Today, ECB decided to hike its three policy rates by 25bp. The deposit rate is now 3.75% which was widely anticipated. ECB left no clear guidance on a potential rate hike in September, as they Read more…
Summary The European Central Bank (ECB) raised its Deposit Rate 25 bps to 3.75% at today’s monetary policy announcement, matching widespread expectations. More significantly, the ECB sounded more downbeat on the economy and, in contrast Read more…
Q2 U.S. GDP came in at 2.4% (annualized rate), up from a 2% growth in the prior quarter. Much of that growth was driven by consumer spending, and non-residential investment. Consumer spending growth slowed, but Read more…
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The 20-day moving average has capped further upside in the USD/JPY so far since last Friday, 21 July. BoJ will release its monetary policy decision and latest quarterly outlook report tomorrow, 28 July. The consensus Read more…
Daily Pivots: (S1) 0.9532; (P) 0.9547; (R1) 0.9559; More… EUR/CHF’s decline continues today and intraday bias stays on the downside for 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. Firm break there will Read more…