Categories Finance

Inflation back on the menu in Europe today

But the key focus in markets today is of course the FOMC meeting decision. Will it be a 25 bps or 50 bps rate cut? That is the question. As things stand, traders are still pricing in ~65% odds of a 50 bps rate cut for today. And…

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Categories Finance

FX option expiries for 18 September 10am New York cut

It’s all about the Fed today, and there isn’t anything too significant on the option expiries board to really influence price action in the meantime. There is a decent sized one for USD/JPY at 141.00 but we might not really revisit that level until we get to the…

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Categories Finance

UK August CPI +2.2% vs +2.2% y/y expected

Prior +2.2%Core CPI +3.6% vs +3.5% y/y expectedPrior +3.3% Coming into today, traders had been pricing in ~63% odds of the BOE keeping the bank rate unchanged tomorrow. And the inflation numbers here pretty much solidifies the notion that they will keep rates unchanged in September. That especially…

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Categories Finance

A JP Morgan strategist says a Federal Reserve rate cut is not needed

Oksana Aronov, JPMorgan Asset Management head of market strategy for alternative fixed income, spoke with CNBC on Tuesday. Says a rate cut is not needed, citing: historically low unemploymenta normal rate environment that markets are no longer used to current 4.3% unemployment rate is “certainly well within” the…

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Categories Finance

Gateway Funnel Pros Launches Shopify Payment Processing Solution for High-Risk Merchants

Gateway Funnel Pros, a leader in providing alternative payment gateway solutions for entrepreneurs selling high-risk, regulated, or restricted products, has announced the launch of a new e-commerce payment processing program specifically designed for Shopify merchants. The program focuses on application, integration, and support for alternative payment gateways, offering…

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