Prior 5.00% Bank rate vote 8-1 vs 7-2 expected (Dhingra dissented, Haskel and Mann voted for 50 bps) Current monetary policy stance is restrictive Labour …
The UK CPI missed expectations across the board and triggered a big repricing in interest rates expectations. In fact, the market was pricing a higher …
The OPEC+ production cuts and the expectations of more economic stimulus in China, gave Crude Oil enough strength to break above the key resistance zone …
The Japanese Yen melted again today as the US Dollar ascendency got back on track after investors and traders reassessed their exposure to risk assets. …
Schedule for 1230 GMT, which is 0830 US Eastern time: Federal Reserve Bank of Richmond President Thomas Barkin speaks topic is “Recession Revisited”, before the …
Coming up at 0900 GMT, which is 0500 US Eastern time: Panetta delivers speech at a webinar titled “Getting disinflation right” organised by Bocconi University, …
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading …
Morgan Stanley on a Reserve Bank of Australia rate hike still to come: The RBA now appears comfortably in data-dependent mode, with little suggestion that …