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ECB’s Kazaks: Latest monetary policy move was not a ‘dovish hike’

September 15, 2023

It does not preclude future decisions Comfortable with current level of rates Sees inflation target being reached in 2H 2025 April rate cut would be …

Central Banks

ECB’s Lagarde: We will set rates at restrictive level for as long as needed

September 15, 2023

We will return to 2% inflation target To set rates at restrictive level as long as needed for that Eurozone will not grow as much …

Technical Analysis

USDCAD Technical Analysis – The pair is at a key level

September 15, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …

Technical Analysis

USDJPY Technical Analysis – The bias remains bullish

September 15, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …

Technical Analysis

GBPUSD Technical Analysis – New lows expected

September 15, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …

Central Banks

Australia has a new Reserve Bank of Australia Governor today – Bullock replaces Lowe

September 15, 2023

No doubt Lowe will be in demand in the private sector should he wish to head that way. He leaves the RBA with a bit …

Central Banks

Japan’s next CPI data will show core inflation above target for the 17th straight month

September 15, 2023

The next Japanese national inflation report, for August, is due at 8.30am Tokyo time on 22 September, which is 2330 GMT on the 21st. The …

Sentiment

Oil – US Crude IG Client Sentiment: Our data shows traders are now at their least net-long Oil – US Crude since Aug 10 when Oil – US Crude traded near 82.39.

September 15, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US …

Central Banks

Another rate cut from the People’s Bank of China, 14 day reverse repo to 1.95% from 2.15%

September 15, 2023

From China so far today: Chinese state-linked developer Sino-Ocean has suspended payment on all its offshore debts PBOC sets USD/ CNY reference rate for today …