Category Finance

Fundamental Overview Gold has been on a sustained bid after the latest Fed’s decision as real yields fell further due to inflation expectations rising faster than nominal yields. There hasn’t been a bearish catalyst in the meantime to stop the bullish momentum, but watch out for strong US…

Prior 86.6Current conditions 84.4 vs 86.0 expectedPrior 86.5Expectations 86.3 vs 86.4 expectedPrior 86.8 Slight delay in the release by the source. The German business climate declined further in September, with the current conditions reading also highlighting continued pressures on the economy presently. The outlook reading is also dropping…

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 starting to look better for the market as we’ve also got a 50 bps cut from the Fed last week.…

Must watch market developments with strong sense of urgencyIt would be desirable for exchange rate to move stably reflecting fundamentals He’s more or less been saying the same thing since Friday last week from his press conference. So, nothing new here. This article was written by Justin Low…

I’m very encouraged that the path of inflation is downwardsHence, I do think the path for interest rates will be downwards as well, but graduallyMy best guess is interest rates will settle at a “neutral rate” Bailey adds to the mix of central bank heads with some commentary…

The European session is pretty empty on the data front with just the German IFO as the main highlight. The IFO index is similar to the German Composite PMI as they are correlated, so it shouldn’t be a big deal. In the American session, the focus will be…

Post Content

Despite all the ups and downs this year, the pair had been mostly trading within a band of roughly 300-400 pips in 2024. But with the latest upside move since two weeks ago, buyers might be eyeing a stronger breakout here. That especially with the dollar keeping more…

But without a pre-set schedule and taking into account various uncertaintiesAppropriate to raise rates if trend inflation heightens in line with forecastMarket developments are still unstableWatching US and overseas economic outlook with strong sense of urgencyCan afford to spend some time in scrutinising market moves and recent developmentsConsumption…

Did not explicitly consider a rate hike at this meetingFormat of discussion has changedBut recent data has not materially affected policy outlookProgress on underlying inflation likely remained slow in Q3Monthly inflation data is quite volatile (when asked about the data tomorrow)Headline CPI could come in within 2% to…