inflation

ECB will keep interest rates and outlook stable Next week, we expect an unspectacular meeting of the ECB Governing Council. A change in key interest rates can be all but…

USD/CAD climbs to a near two-week high and draws support from a combination of factors. Reduced bets for more BoC rate hikes overshadow bullish Oil prices and undermine the Loonie.…

Market movers today A quiet day on the data front, with only US Philadelphia manufacturing index and weekly jobless claims due for release. Fed chair Powell will discuss economic outlook…

Markets The US yield curve is going after 5%+. Another sell‐off in Treasuries yesterday hurled yields between 1.3 and 8.2 bps higher in a move not driven by any particular…

U.S. President Joe Biden arrives in Israel, leading international efforts to de-escalate the Middle East conflict. The heightened regional tensions have propelled gold and oil surging. U.S. President Joe Biden,…

The Reserve Bank of Australia (RBA) plays a pivotal role in shaping the country’s economic landscape through its monetary policy decisions. These decisions have a profound impact on interest rates,…

The Reserve Bank of Australia (RBA) rate is a key element in the Australian financial landscape, influencing interest rates, economic growth, and inflation. Understanding the RBA rate is essential for…

The Federal Reserve Board, often referred to as the “Fed,” is a central player in the complex machinery of the United States’ financial system. Its functions, structure, and significance are…

Gold has long been a symbol of wealth and stability, and its presence in the vaults of central banks around the world is a testament to its enduring importance in…

Inflation, the persistent rise in the general price level of goods and services, is a paramount concern for central banks worldwide. One of the key institutions responsible for maintaining price…

The European Central Bank (ECB) plays a pivotal role in the economic stability of the Eurozone. Established in 1998, the ECB has been at the forefront of monetary policy, ensuring…

US Retail sales exceeded expectations. For September, sales rose 0.7% after rising 0.8% a month earlier. During six months of back-to-back spending increases, Americans added 3.4%. This is new evidence…

Markets US stocks are trading flattish but remain precariously perched as investors digest a ~11 bps rise in 10-year US Treasury yields on the back of a surprisingly robust September…

Aussie soars on hawkish RBA minutes, USD/JPY nears 150.00 Summary Robust US Retail Sales in September, up 0.7%, beating forecasts at 0.3% initially boosted the Dollar Index (USD/DXY) to 106.53,…

European markets just about managed to eke out a gain yesterday, but it was hard going, with the FTSE100 outperforming largely due to outperformance in health care. With diplomatic efforts…

Market movers today UK September CPI is due for release this morning, consensus expects core inflation to continue moderating to 6.0% in y/y terms after the downside surprise in August.…

US retail sales beat expectations, fueled Federal Reserve (Fed) hawks and bets of another rate hike in December – or January – yesterday. The US 2-year yield spiked to a…

Markets Core bonds slid for a second day straight yesterday. US Treasuries underperformed Bunds following (very) strong September retail sales and industrial production figures. NAHB housing market confidence slipped more…

Escalating tensions in the Middle East ahead of the U.S. The President’s visit to Israel cast a shadow. Against this backdrop, gold and oil prices rallied amid stalled ceasefire efforts…

In the world of finance and economics, the term “FED funds” often comes up in discussions about monetary policy, interest rates, and the overall health of the economy. But what…