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Here is another forecast for a 50bp interest rate cut from the RBNZ next week

October 1, 2024

I posted yesterday on the 50bp rate cut projection from BNZ: More on BNZ forecasting a 50bp interest rate cut next week from the RBNZ …

Technical Analysis

GBPUSD moves down to test its rising 100 bar moving average on 4-hour chart

October 1, 2024

The GBPUSD downside has continued with the price breaking below its 38.2% retracement of the September trading range at 1.3268 and has move down to …

Technical Analysis

S&P moves down to test its rising 100 hour moving average

October 1, 2024

Looking at the S&P 500 index, it is down by -59.03 pointer -1.02% at 5702.88 . The low price for the day extended to 5681.28. …

Central Banks

ECBs Kazaks: Very much agree with market pricing on ECB’s o October interest-rate decision

October 1, 2024

ECBs Kazaks says The European Central Bank (ECB) has a “clear-cut” case for cutting interest rates at its next meeting, as the euro zone’s economy …

Central Banks

More from SNBs Schlegel: Last week we did not rule out further interest rate cuts

October 1, 2024

Have respect for all exporters, I know the strong Frank makes situation difficult for them. The main problem first was exporters is the lower demand …

Technical Analysis

The AUDUSD/NZDUSD are moving lower w/geopolitical and risk-off sentiment the catalyst

October 1, 2024

The AUDUSD and the NZDUSD are both lower as risk-off sentiment and geopolitical tensions hurt what has been a bullish bias in the pairs. The …

Central Banks

SNB’s Schlegel: Reason for last week’s rate cut was lower inflationary pressure

October 1, 2024

Yeah, that’s usually the reason central banks cut rates. The services sector is solid and the industrial sector subdued Expect Swiss growth to be subdued …

Central Banks

Fed’s Cook predicts AI-fueled productivity gains

October 1, 2024

Hopes AI will serve as a counterweight to inflation Productivity improvements from AI will come with long and variable lags I think markets continue to …