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Macklem: When it comes to monetary policy, will be taking it one meeting at a time

November 22, 2023

When it comes to monetary policy, we will be taking it one meeting at a time If inflation keeps coming down, if we see underlying …

Central Banks

Atlanta Fed’s GDPNow estimate predicts 2.1% growth in Q4 2023

November 22, 2023

Atlanta for GDPNow estimate for 4Q growth The Atlanta Fed Q4 estimate for GDP comes in at 2.1%, up from 2.0% on November 17. The index has …

Central Banks

ECB’s Nagel and the endgame: Near terminal rate, stable for now

November 22, 2023

View on Terminal Rate: Nagel believes the ECB is close to a level considered as the terminal rate. Uncertain if the ECB will implement further …

Central Banks

More from Bank of Canada’s Macklem: Latest CPI number was certainly encouraging

November 22, 2023

Bank of Canada’s Macklem: The latest CPI number was certainly encouraging Good news for Canadian citizens Right now is not time to be thinking about …

Central Banks

BOC Macklem: Canda interest rates may be high enough

November 22, 2023

Bank of Canada’s Macklem is speaking and says: Canada interest rates may now be restrictive enough. Excess demand that made it too easy to raise prices …

Technical Analysis

GBPUSD tests key 200-Day MA, signals a bearish bias

November 22, 2023

GBPUSD on the daily chart is testing the 200 day MA The GBPUSD is extending to the downside and now tests its key 200-day moving average …

Technical Analysis

USDJPY trades back above its 50% midpoint of the recent move down from the 2023 high

November 22, 2023

USDJPY above the 50% midpoint As the US yields have reversed and trade near highs with the 10-year now up at 4.431% up 2.1 basis …

Technical Analysis

EURUSD trades to a new session low

November 22, 2023

EURSUD moves to new lows The EURUSD is trading to a new session low of 1.0856. That comes after breaking below a swing area between 1.0878 …

Central Banks

ECBs Elderson laying the case for “green”

November 22, 2023

Preference for EU Supranational Bonds: Elderson emphasizes that when there’s no clear monetary policy reason to prefer domestic sovereign bonds, the ECB should think about …

Central Banks

RBA Governor Bullock: Inflation is broad-based, trimmed mean remains too high

November 22, 2023

RBA Governor Bullock Inflation challenge is increasingly driven by homegrown demand ‘More substantial’ mon pol tightening is right response to demand-driven inflation Supply-chain inflation is …

Central Banks

Poll – Economists predict Bank of Japan will end negative rates policy in 2024

November 22, 2023

Info via a Reuters poll shows that over 80% of surveyed economists expect the Bank of Japan will end its negative rates policy in 2024. …