No need to change rates with inflation at target Data suggests inflation and GDP risks are fairly balanced I feel December rate decision won’t be …
Category: Forex Short News
KEY POINTS: BoC is expected to hold interest rates steady at 2.25% The central bank will likely scrap the caveats for further easing effectively marking …
China November CPI +0.7% vs +0.7% expected China likely to cut RRR rate next year – report Japan PM Takaichi asked about rising yields, says …
Oil prices have been struggling in part due to hopes for peace. Indications from Trump and Russia were that sanctions relief would come with any …
The yen is the top performer so far in Asian trading as it undoes some of yesterday’s damage. USD/JPY is down 30 pips to 156.57 …
Important for currencies to move in stable manner, reflective fundamentals Will take appropriate action of excessive, disorderly moves At what point does some serious worry …
Silver continues to rally, it’s up 68-cents in Asia to $61.36, which is a fresh record high. Silver is turning into a retail fomo trade …
Prior was +0.2% m/m CPI -0.1% vs +0.2% exp PPI -2.2% vs -2.0% y/y This is a step in the right direction but the PPI …
Trump may be looking to stack the Fed. If Trump goes down this path it would be bearish for the US dollar and wildly bullish …
We get Chinese CPI data later but the high estimate is +1.1% and the consensus is +0.7% so rate cuts shouldn’t be a surprise. The …