SNB’s Schlegel: Prepared for more rate cuts as inflation downside risks outweigh upside
At an event overnight, new SNB Chair Martin Schlegel indicated that the central bank is […]
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 […]
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 […]
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 […]
ECB’s Kazaks: Recent data clearly points towards Oct rate cut
ECB Governing Council member Martins Kazaks indicated that recent data “clearly point in the direction […]