• During the Asian day Tuesday, the RBA will announce its interest rate decision. The Bank is forecast to remain on hold once again, something we agree with. When they last met, RBA officials kept...
• The ECB kept all three of its policy rates unchanged yesterday, while it announced reductions in the pace of its future QE purchases. Purchases will continue at the current monthly pace of EUR...
• Overnight, the minutes of the FOMC’s September policy gathering revealed a relatively cautious stance by policymakers. “Many” participants are concerned that low inflation this year might not...
• The British pound traded in a rollercoaster manner yesterday, as attention turned back to the Brexit negotiations. The currency initially tumbled, after the EU’s chief negotiator Michel Barnier...
• The greenback tumbled on Friday, after the US inflation prints for September fell short of meeting market expectations. The headline CPI rate rose by less than anticipated, while the core rate...
• The British pound stumbled yesterday, following a report that the Brexit negotiations may be heading for a “catastrophic breakdown”, unless the EU allows talks to move on to trade soon. The...
• Sterling took another dive yesterday, following some comments from BoE Governor Carney. His broader tone was not as hawkish as one would expect from a Governor ready to raise interest rates....
• The Kiwi dollar traded lower during the early European morning Thursday, following the announcement that New Zealand’s next government will be a Labour-New Zealand First coalition. The outcome...
• Today, the main event will be the release of the US employment report for October. Nonfarm payrolls are expected to have surged 310k after September’s slide of 33k, a print that could confirm...
• In Australia, the RBA is widely expected to stand pat once again. With the Bank likely to maintain its neutral bias on policy, focus may be on any changes to the language surrounding AUD.