Ever since the last Federal Reserve meeting markets have been slowly adjusting to the prospect of higher US rates for a longer period of time. This has helped support the…
Gold has been gaining this week on a miss in the US JOLTS job openings print and a miss in the US consumer confidence print on Tuesday. A slowdown in…
The last Fed meeting played out as anticipated. With June’s CPI data coming in lower than expected the Fed is feeling it could start to see a genuine pathway back…
The stage is set for an ECB rate hike of 25bps on Thursday at 13:15 UK time, with both short-term interest rate markets and economists anticipating it. Christine Lagarde’s clear…
On Wednesday at 13:30 UK time, the US CPI print will be released. The headline is expected to fall to 3.1% from 4% prior & a reading below 2.9% would…
Inflation is stickier around the world, with most central banks concerned about the core reading. The Fed’s preferred measure of inflation is the US PCE print. The ECB is closely…
Prior to the recent ECB meeting, there were expectations of a 25bps rate hike. Market focus centered on the forward guidance, particularly the future trajectory of rates. In summary, while…
Examining the ‘skip’ and Powell’s explanation Heading into the Federal Reserve’s latest decision many pondered whether the decision would be a pause, a skip, or a hold on rates. While…
A recent opinion piece in Bloomberg highlighted that the latest budget deal successfully suspended the debt ceiling, averting a potential debt default. However, it also pointed out that this measure does little…
It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to read the bank’s central…