BoE is widely expected to maintain interest rate at 5.25%, to avoid any perception of political interference ahead of the general election in the UK on July 4. Prime Minister Rishi Sunak’s unexpected call for an early election are seen by some as indirectly giving BoE additional time to monitor inflation trends and reassess the […]
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Strong US jobs report shifts Fed rate cut expectations from 50 bps to 25 bps. Geopolitical tensions in the Middle East drive up oil prices and safe-haven assets. Upcoming US inflation data and RBNZ rate Read more…
U.S. Highlights The U.S. labor market perked up in September as job gains beat expectations, the unemployment rate ticked down and annual wage gains edged up. The economic outlook, however, has been buffeted by significant Read more…