Central Bank Watch Overview:The Bank of Canada is expected to raise rates by 50-bps when policymakers meet later this month.While the Reserve Bank of Australia and Reserve Bank of New Zealand won’t meet...
An ECB report from Reuters cites a staff model forecast that sees rates peaking at 2.25%, citing four sources. That's lower than the market-implied rate at just above 3%.The model shows that 2.25%...
DAX (German 40) Talking PointsDax 40 rejected by Fibonacci resistance as prices fall back towards long-term psychological support holding at 12,000.Dax futures remain bound between 12,000 and 12,400, providing support and resistance for...
Fed’s Mary Daly on Future Rate Hikes and Global Financial RisksInflation is a “corrosive disease” that needs to be addressed despite growth concernsFinancial stability risks are increasing due to global central bank interest...
Credit Agricole CIB Research discusses the scope for further JPY intervention."USD/JPY has surpassed intervention levels and broken through 146 in a test to the MoF's resolve to hold the line.
In terms of...