RBNZ: What Are You Waiting for? OCR to be Cut 50bps in Both October and November
We now expect the RBNZ to cut the OCR by 50bps to 4.75% at the […]
Euro Extends Losses as Eurozone CPI Slows to 1.8%
The euro continues to lose ground and is trading at 1.1080 in the North American […]
US: Manufacturing Index unchanged in September
The ISM Manufacturing Index was unchanged in September, holding at 47.2 and a smidge below […]
European Central Banks Quickening Pace Of Their Monetary Easing
Summary The European Central Bank (ECB) initially adopted a cautious and gradual approach to rate […]
Brent Crude – Oil Slides 2% in European Trade Before a Recovery, OPEC+ Meeting Next
Oil prices fell by 2.4% in early European trade, possibly due to demand concerns and […]
EUR/USD Rate Accelerates Decline Following European Inflation News
According to the Eurostat data released today: → Core CPI Flash Estimate (YoY): actual = […]
Japanese Yen Slips as Powell Signals Small Cuts
USD/JPY is calm on Tuesday after the US dollar jumped 1.03% a day earlier. In […]
Crypto’s Step Back for Acceleration
Market picture The cryptocurrency market shed a further 0.7% of its capitalisation in 24 hours […]
ECB’s Rehn sees growing case for Oct rate cut
ECB Governing Council member Olli Rehn suggested today that slowing inflation and weaker growth prospects […]
Eurozone CPI falls to 1.8% in Sep, CPI core down to 2.7%
Eurozone CPI fell from 2.2% yoy to 1.8% yoy in September, below ECB’s 2% target […]
UK PMI manufacturing finalized at 51.5, confidence drops and price pressures rise
UK manufacturing sector expanded at a slower pace in September, with the PMI finalizing at […]
US ISM manufacturing unchanged at 47.2, continued contraction
US ISM Manufacturing PMI was unchanged at 47.2 in September, falling short of expectations of […]