The GBP/JPY pair has come under pressure after the Bank of Japan raised its policy rate to 1.0% on 16 June. The Bank of England is following the opposite path: at its 30 April meeting, Read more…
Gold and Silver came under renewed pressure after the Federal Reserve delivered a more hawkish-than-expected set of projections, prompting investors to quickly price in another rate hike later this year. While the Fed left rates Read more…
The Federal Reserve has officially concluded its fourth meeting of the year — and its first with Chairman Kevin Warsh at the helm. Despite the leadership change, though — and Warsh’s notably more dovish economic Read more…
The British pound remains under pressure following weaker-than-expected inflation data, which has reinforced expectations of further monetary easing by the Bank of England. Investors are staying cautious ahead of today’s policy meetings of both the Read more…
The Swiss National Bank delivered one of the least surprising decisions of the week, leaving its policy rate unchanged at 0% and signaling little urgency to alter its policy stance anytime soon. Despite inflation rising Read more…
The Swiss National Bank is leaving the SNB policy rate unchanged at 0%. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount Read more…
Markets Fed Chair Warsh made it clear that he is here to make changes. At his first meeting as Chair, the Fed left the federal funds target range unchanged at 3.50%-3.75% in the first unanimous Read more…
The UK’s labor market sent mixed signals in May, with employment growth stalling and unemployment edging lower even as the number of people claiming unemployment-related benefits rose sharply. Payrolled employment increased by just 2k during Read more…
In Focus Today In Norway, we expect Norges Bank to keep the policy rate unchanged at 4.25% but signal around a 50% probability of another rate hike in Q3, maintaining a near-term tightening bias. Further Read more…
Americans are already paying more for gas, groceries, and everyday services. Now, a new analysis from Bank of America suggests the next inflation problem may be building before it fully reaches consumers. The concern is Read more…