Category Finance

UBS make the case that a Fed rate cut is anticipated, and has been for some time, given the ongoing decline in inflation pressures in the US. However, say analysts at the bank, a reduction of more than 25 basis points appears unlikely. Although the Fed is behind…

Blackrock comments on China echoing broader market views: The People’s Bank of China has been cutting rates but it’s not in the same boat as the Fed. It’s facing weak consumer demand, excess production capacity and deflation – based on broad measures of inflation – that could become…

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ANZ-Roy Morgan Consumer Confidence rose 1.8 pts to an 8 week high.ANZ says it was a broad based rise. 84.1 is still deep in pessimism but I guess we’ll take it. This article was written by Eamonn Sheridan at www.forexlive.com.

Reuters reporting on Goldman Sachs reiterating its optimistic outlook on gold prices. GS cite: central bank demandimminent interest rate cut from the U.S. Federal Reserve “While we see some tactical downside to gold prices under our economists’ base case of a 25bp Fed cut on Wednesday, we reiterate…

UBS are arguing the retail sales data could tip the balance between a 25bp and 50bp rate cut: retail sales and industrial production data … weakness in these could potentially influence the Fed decision to cut its Fed Funds rate by 50bp instead of 25bp I am not…

Japan finance minister Suzuki Forex fluctuations have both merits and demerits on the Japanese economyWill respond appropriately after analyzing impact of forex movesRapid fx moves undesirableImportant for currencies to move a stable manner, reflecting fundamentals USD/JPY is up from lows around 139.60 on Monday. It hit above 141.20…

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The below is the eFX summary of a note via Nomura on the Fed and US dollar For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it…