Category Finance

An October cut isn’t totally excluded.Too early to have strong view on October meeting.It will be easier to decide on cut in December.Services inflation needs to slow further. This article was written by Giuseppe Dellamotta at www.forexlive.com.

Post Content

Post Content

Post Content

Fundamental Overview Tonight, the PBoC announced lots of easing measures ranging from short to long term interest rates. This was the catalyst for the copper rally. Things are looking better and better for the market as we’ve also got a 50 bps cut from the Fed last week.…

Here’s a recap on the month of major central bank policy decisions so far: Bank of Canada interest rate decision: Rates lowered by 25 basis pointsECB cuts deposit rate by 25 bps in September monetary policy decision, as expectedFederal Reserve September interest rate decision: 50 basis point cutBOE…

Fundamental Overview Last week, the Fed finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of a risk management move…

Post Content

Eurostoxx +1.0%Germany DAX +0.8%France CAC 40 +1.3%UK FTSE +0.5%Spain IBEX +0.4%Italy FTSE MIB +0.6% This comes with US futures also nudging a little higher in the past hour, now seen up 0.2%. The positive mood in Europe comes after the better start to the week yesterday, as investors…

For all the talk about not commenting on the exchange rate, he is definitely touching on a bit of a sensitive topic here. I wouldn’t mind him saying that speculative positioning being what led to the surging run higher in USD/JPY until July. But to say that the…