Forex

Deutsche Bank says Fed Funds will probably need to go to at least 5%

This snippet from Deutsche Bank on the US and the Federal Reserve outlook. Analysts at the bank looked at how long it takes inflation to drop back after it goes above 8%it’s generally...

Chinese Yuan Sees Record One-Day Move on US Dollar Selling as Industrial Profits Near

Chinese Yuan, USD/CNH, PBOC, Industrial Profits, Market Sentiment – Talking PointsAsia-Pacific markets eye a mixed open after US stocks fall alongside US DollarChinese industrial profits are on tap as the Yuan gains amid...

AUD traders – Westpac is forecasting a +50bp rate hike from the RBA next week (November 1)

The revised forecast from WPAC We now expect the Reserve Bank Board to raise the cash rate by 50 basis points in November for a terminal rate of 3.85% by March, revised up...

ECB monetary policy meeting on Thursday 27 October 2022, +75bp the (unanimous) expectation

I haven't seen anything but +75bp as the calls for the European Central Bank rate hike due today. Hence the 'unanimous' in my headline. If you have seen other, or disagree, please let...

Gold Price on Track to Test 50-Day SMA Ahead of US PCE Report

Gold Price Talking PointsThe price of gold trades to a fresh weekly high ($1675) as US Treasury yields fall to fresh weekly lows, and bullion may continue to retrace the decline from the...

TickTrade’s James Cusack Joins Lucera as MD and Head of Sales for EMEA

James Cusack, the Managing Director (MD) of TickTrade Systems, has joined Lucera Financial Infrastructures as the MD and Head of Sales for Europe, the Middle East and Africa (EMEA). Take Advantage of...

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