• Week Ahead: Inflation Data on the Radar

    Week Ahead: Inflation Data on the Radar

    • March 23, 2025

    Another week has come and gone. The US Federal Reserve (Fed), the Bank of England (BoE), and the Bank of Japan (BoJ) all left their respective policy rates unchanged. The Fed underlined increased economic uncertainty (most central banks emphasised similar concerns), with growth (inflation) forecasts revised lower (higher). The BoE’s meeting was a bit of

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  • What Are Markets Watching This Week?

    What Are Markets Watching This Week?

    • March 3, 2025

    US President Donald Trump turned up the heat on the tariff front last week, which, honestly, is becoming hard to keep track of. While it may be different not long after I publish this, as of writing, tomorrow will see the US administration impose 25% tariffs on Canada and Mexico following the 30-day reprieve. A

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  • UK Employment and Inflation Numbers Ahead; GBP/USD Drifting Around Resistance

    UK Employment and Inflation Numbers Ahead; GBP/USD Drifting Around Resistance

    • February 17, 2025

    While the UK is evading US tariffs for now, its economy continues to face a somewhat undecided future, with taxes on business set to increase in April and a lingering drag from the elevated interest rates. However, this week’s focus shifts to a rather busy slate of economic data in the UK. Regarding tier-1 metrics,

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  • RBA Poised to Reduce Cash Rate by 25 Basis Points

    RBA Poised to Reduce Cash Rate by 25 Basis Points

    • February 16, 2025

    The Reserve Bank of Australia (RBA) will meet this Tuesday and is widely anticipated to deliver its first rate cut in four years amid easing inflationary pressures. I am ‘reasonably’ convinced that the central bank will reduce the Cash Rate this week, a belief based on inflation and growth data that delivered prints south of

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  • RBNZ Set to Continue Easing This Week; NZD/USD Eyeing Resistance

    RBNZ Set to Continue Easing This Week; NZD/USD Eyeing Resistance

    • February 16, 2025

    Following the RBNZ cutting its Official Cash Rate (OCR) by 50 basis points (bps) in November 2024, economists and investors expect another bumper 50 bp rate reduction on Wednesday this week – with an outside chance of a more minor 25 bp reduction. A 50 bp (25 bp) adjustment would bring the OCR to 3.75%

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  • ECB Delivers Another 25 bp Cut

    ECB Delivers Another 25 bp Cut

    • January 30, 2025

    The ECB (European Central Bank) continued policy normalisation today, with another 25 basis points (bps) worth of cuts across all three benchmark rates. This marks the fourth consecutive rate reduction, bringing the Deposit Facility Rate, the Refinancing Rate, and the Marginal Lending Facility Rate to 2.75%, 2.90%, and 3.15%, respectively. Frankly, I was not expecting

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  • Fed Day – Central Bank Maintains Target Rate at 4.25-4.50%

    Fed Day – Central Bank Maintains Target Rate at 4.25-4.50%

    • January 29, 2025

    The first meeting of the year observed the US Federal Reserve (Fed) put the brakes on policy for the first time since July 2024. In a unanimous vote, the central bank kept the target rate at 4.25-4.50%, which triggered a moderate bid in the US Dollar Index and US Treasury yields, with a dip witnessed

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  • Week Ahead: US CPI Inflation Takes Centre Stage

    Week Ahead: US CPI Inflation Takes Centre Stage

    • January 12, 2025

    2025 is well and truly underway. Welcome to the first ‘week ahead’ edition! The December 2024 US employment situation report crowned last week’s busy economic data slate. Non-farm payrolls surprised to the upside, with the economy adding 256,000 new jobs from November’s downwardly revised reading of 212,000. December’s print comfortably surpassed the market’s median expectation

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  • ECB Cuts Rates by 25 Basis Points and Opens the Door for Further Easing

    ECB Cuts Rates by 25 Basis Points and Opens the Door for Further Easing

    • December 12, 2024

    The European Central Bank (ECB) reduced the Deposit Facility Rate by 25 basis points (bps) to 3.0% today amid easing inflationary pressures and faltering growth. The rate cut also marks the central bank’s fourth rate reduction this year, with the interest rate at its lowest since early 2023. This also followed the Swiss National Bank

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  • Week Ahead: US Jobs Data in Focus

    Week Ahead: US Jobs Data in Focus

    • December 1, 2024

    The first full week of December places the spotlight on US jobs data. Employment metrics from the ISM (Institute for Supply Management) manufacturing and services PMIs (Purchasing Managers’ Indexes) land on Monday and Wednesday, respectively, JOLTs data (Job Openings and Labor Turnover Survey) airs Tuesday, ADP jobs numbers (Automatic Data Processing) are out Wednesday, weekly

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  • Nvidia Q3 24 Earnings in Focus

    Nvidia Q3 24 Earnings in Focus

    • November 20, 2024

    Q3 24 earnings for Nvidia (Nasdaq; ticker: NVDA) – a leader in the artificial intelligence (AI) chip and data centre solutions market – and the company’s Q4 forward guidance will be released after the market closes today. Over the past two years, Nvidia’s performance has been nothing short of remarkable, resulting in substantial growth in

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  • UK CPI Inflation Increased by 2.3% in October

    UK CPI Inflation Increased by 2.3% in October

    • November 20, 2024

    A report released this morning by the Office for National Statistics (ONS) revealed that all key inflation measures exceeded expectations in October. As a result, the British pound (GBP) appreciated against all G10 currencies, with the strongest gains seen against the Japanese yen (JPY). Additionally, FTSE 100 futures experienced a moderate decline following the report,

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