Stocks Suffering from a Fed Hangover, ECB Signals a July Hike
US stocks held onto losses after a data dump didn’t really give a clear signal […]
ECB as Expected Lifted Key Policy Rates by 25 bps
Markets The ECB as expected lifted its key policy rates by 25 bps. The deposit […]
Market Reaction to Fed’s Decision
Yesterday the Fed (as expected) kept the interest rate unchanged (after a series of 10 […]
USD/JPY – Yen Slides to 7-Month Low after Fed, BOJ Meeting Next
Fed delivers a hawkish pause Bank of Japan meets on Friday Japanese yen falls sharply […]
Crypto Market Gives Back March Rally
Market picture Cryptocurrency market capitalisation fell 3.2% over the past 24 hours to $1,021 trillion, […]
New Zealand Dollar Dips after Soft GDP Report
New Zealand GDP declines by 0.1% Fed takes a pause, but sends hawkish message The […]
A Hawkish Smack
The Federal Reserve (Fed) refrained from raising interest rates at this week’s monetary policy meeting. […]
Focus Turns to ECB
Market movers today The main event today is of course the ECB meeting. A 25bp […]
Australia May Labour Force: A Robust Read But Flattered by April’s Seasonal ‘Anomaly’
Total employment: +75.9k from –4k (revised from –4.3k); unemployment rate: 3.6% from 3.7%; participation rate: […]
Fed Review: Powell’s Hawkish Bluff
The Fed held rates unchanged at 5.00-5.25% as widely anticipated. However, the updated ‘dots’ surprised […]
FOMC Skips June, But Signals Hikes Not Done Yet
Summary As widely expected, the FOMC decided unanimously to refrain from raising rates at today’s […]