Heading into last week’s ECB meeting there was speculation that the ECB’s flagged 50bps rate hike would not go ahead. Why? Well, it was the worries over potential contagion from…
In the space of just a few days, the interest rate pricing for central banks across the world has rapidly fallen due to the SVB crisis. The fears of contagion,…
This week saw Jerome Powell affirm what markets knew; namely that the recent strong US data indicates the Fed may well need to speed up the pace of rate hikes.…
It is hard to overemphasise how important this NFP jobs print will be on Friday. The steady strong run of US data started around 5 weeks ago with the prior…
The key focus this week will be on the US ISM non-manufacturing PMI print. Recently there has been a divergence between expectations for US manufacturing and US services as the…
The PCE print is the personal consumption expenditures print that measures the spending on goods and services by the citizens of the United States. Around 2012 the PCE index became…
On February 22 at 01:00 GMT, the RBNZ will announce its interest rate decision. At the last meeting, the RBNZ took a very hawkish tone as it recognised that annual…
This week will be the hotly awaited US CPI print. Since the really strong NFP print from February 3 Fed expectations have changed. The Terminal rate is now projected to…
At the last BoC interest rate meeting it became clear that the BoC may have now had its very last rate hike for this year. Headline inflation fell from June’s…
Oil markets have reasons for higher prices in principle. China’s re-opening should stimulate demand, OPEC is expected to keep production levels unchanged, hopes of a dovish Fed, and the EU…