The upcoming Eurozone Consumer Price Index (CPI) 0900GMT report is set to be a critical factor in determining the European Central Bank’s (ECB) monetary policy direction. With internal divisions within the ECB and ongoing political uncertainties, the data will play a pivotal role in shaping future rate decisions. This preview explores the key points of…
As the Bank of England (BoE) prepares for its upcoming rate decision today at 12:00 GMT, all eyes are on the potential implications of the recent inflation data and its impact on future monetary policy. The BoE faces a delicate balance between managing inflation, which has just hit the 2% target, and addressing other economic…
As market participants eagerly await the Swiss National Bank’s (SNB) rate decision today at 0730 GMT, the financial community is abuzz with speculation on whether the SNB will continue its rate-cutting trajectory or choose to pause. Given the mixed economic signals and the backdrop of global monetary policies, this decision is particularly fraught with uncertainty….
Today’s CPI release is pivotal for the UK, especially given its timing just before the Bank of England’s (BoE) Monetary Policy Committee (MPC) meeting tomorrow. Set for release at 7:00 BST (GMT+1), the CPI data for May will be closely scrutinized for signs that inflation is aligning with the BoE’s projection of hitting the 2%…
As the European Central Bank (ECB) approaches its policy meeting this Thursday, the financial markets are almost unanimously expecting a rate cut. With a 96% probability priced in for a 25 basis point reduction, the ECB’s decision will be pivotal not just for immediate monetary policy but also for setting the tone for the eurozone’s…
The Bank of Canada (BoC) is poised for a potentially pivotal monetary policy decision on June 5, 2024, at 13:45 GMT. Markets are highly anticipative of a 25 basis point reduction in the Overnight Rate, which would bring it down to 4.75% from the current 5.0%. This expected adjustment would be the first rate change…
As we approach the release of Eurozone inflation data for May, market participants are keenly assessing potential impacts on the European Central Bank’s (ECB) monetary policy decisions. With the latest figures set for release on May 31 at 0900GMT by Eurostat, expectations are set for a slight uptick in inflation, which, while modest, provides critical…
The Reserve Bank of New Zealand (RBNZ) is set to announce its decision on the Official Cash Rate (OCR) this Wednesday, with the market and analysts widely expecting the rate to remain steady at 5.5%. This decision comes at a critical time when the RBNZ is balancing persistent inflation concerns with signs of economic softening….
As the Reserve Bank of New Zealand (RBNZ) approaches its next policy decision, the focus is sharply on the upcoming inflation expectations report (5/13 0300GMT), particularly in light of recent guidance from international and local economic bodies, including the OECD. The report will play a crucial role in shaping monetary policy amid ongoing inflationary pressures…
Ahead of the Reserve Bank of Australia’s (RBA) policy meeting today (0430GMT), the market is closely watching the central bank’s next move amidst inflation concerns and fluctuating expectations on interest rate cuts. The Australian dollar (AUD) hit a two-month high recently due to broad-based dollar weakness, influenced by a less hawkish Federal Open Market Committee…
