Markets Consensus-matching August PCE deflators (headline 0.3% M/M and 2.7% Y/Y from 2.6%, core 0.2% and 2.9%) halted a technical rebound both in US yields and of the dollar last Friday. Personal income (0.4% M/M) and spending (0.6%) remained solid. Even so, with markets looking forward to this week’s labour data, the PCE provided little […]
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We revise our view of RBA policy: 25bp hikes in both March and May expected. Single hike still possible but not our base case. The RBA is now expected to hike rates 25bp in both Read more…
Key Highlights Ethereum remained in a range above the $1,850 support. A rising channel is forming with support at $1,865 on the daily chart of ETH/USD. Bitcoin price started a fresh recovery wave above $68,000 Read more…
Japan’s producer inflation moderated in February, offering some relief on the domestic cost front even as import prices surged. Producer Price Index rose 2.0% yoy, slowing from January’s 2.3% pace and coming in slightly below Read more…