• Today, all eyes will be on the Bank of England rate decision. The forecast is for the Bank to raise its benchmark interest rate by 25bps, something that is almost fully priced in at this stage (...
• Today, the FOMC rate decision will take center stage and the forecast is for no change in policy. The consensus is supported by market pricing as well, with the implied probability for a hike at...
• Equities dropped a little yesterday alongside USD/JPY, while gold rose, following news that the investigators probing the Russian interference in the 2016 US election charged Trump’s ex campaign...
• During the Asian morning Tuesday, the Bank of Japan will announce its rate decision and the forecast is for no change in policy. We share that view, while we see the case for the Bank to appear...
• In the US, the FOMC will most probably take no policy action. We expect the accompanying statement to contain few changes, and to keep the door wide open for a December rate hike.
• Today, the highly-anticipated ECB meeting will take center stage, with the Bank being expected to unveil a plan for the future of its QE asset purchases. Market participants are likely to focus...
• Today, the main event will be the BoC rate decision. The forecast is for the Bank to remain on hold, having hiked rates at both of its latest meetings. Market participants seem to be in...
• The Kiwi dollar came under renewed selling pressure overnight, after New Zealand’s new Labour government announced some of its policies. Among other pledges, such as wanting to raise the minimum...
• The Canadian dollar plunged on Friday, following the release of Canada’s inflation data for September. Even though the headline CPI rate rose as expected, the core rate ticked down, indicating...
• In Eurozone, the ECB meeting will take center stage. Focus will be on whether the Bank will proceed with a so-called “dovish tapering”, or whether it will set a clear roadmap for ending its QE...