BOE: LOOKING FOR A 75 BPS RATE HIKE NEXT WEEK – RABOBANK
The Bank of England’s monetary policy committee will meet next week. Rabobank analysts expect a rate of 75 basis points…
GBP/USD ERASES DAILY LOSSES AND RETURNS TO THE 1.1600 RESISTANCE AREA
Sterling is reversing the previous downtrend and returning to the 1.1600 area. Fed rotation rumors keep USD bulls on a…
EUR/JPY PLUNGES BELOW 145.00 ON AN ALLEGED BOJ INTERVENTION
The euro fell from a seven-year high of 1 8.25 to 1 .75. All signs point to BoJ intervention. Volatility…
ECB: WE HAVE SIGNIFICANTLY INCREASED OUR RATE EXPECTATIONS THROUGH 2023Q1 – RABOBANK
Next week’s main event is the European Central Bank meeting. Rabobank analysts estimate that interest rates rose by 75 basis…
US: ATLANTA FED GDPNOW FOR Q3 DECLINES TO 2.8%
According to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to grow 2.8% annually in…
AUD/USD STUMBLES TOWARDS 0.6220, EYEING THE YTD LOW OF 0.6169
AUD/USD continues to struggle, extending weekly losses by 2.28%. Mixed US economic data strengthened the dollar, paring Thursday’s losses. Australia’s…
“Bet against me!”: Jim Cramer announces the reverse ETF
After learning that an ETF firm was betting against his stock, TV personality Jim Cramer had a message for those…
Russia Says Nord Stream Leaks Occurred in U.S. Intelligence Controlled Zone
Nord Stream AG logo on an office building in Vyborg, Leningrad region, Russia, August 22, 2022. REUTERS/Anton Vaganov Foreign Ministry spokeswoman…
“Vortex of volatility” hit the $24 trillion US government bond market
The nerves of fixed income investors have been frazzled by a series of events most commonly seen during market crises. Japan,…
Financial markets are preparing to hit a new bottom
Stress is mounting in financial markets around the world. In the UK, government bond yields rose and the pound fell sharply,…