TAG: c-usd-nok
Week Ahead: US Labour Data and the BoC Rate Announcement in Focus
Highlights:US employment situation reportBank of Canada (BoC) Rate AnnouncementUS Jobs DataWith US Federal Reserve (Fed) Chair Jerome Powell’s recent speech at the Jackson Hole Symposium confirming that it is time to begin easing policy as well as underli...
1 month ago
Week Ahead: US CPI Inflation and ECB Rate Decision in Focus
The first full week of September culminated in the release of the US Employment Situation Report for August. Non-farm payrolls revealed that the US economy added 142,000 jobs, up from July’s reading of 114,000, though weaker than the market’s median estim...
1 month ago
Week Ahead: Key Central Banks in Focus
This week will be an interesting one for the financial markets. In addition to several tier-1 data, the focus will be on the US Federal Reserve (Fed), closely shadowed by the Bank of England (BoE) and the Bank of Japan (BoJ).Fed Rate Announcement (Wednesd...
1 month ago
Easy Does It: Bank of England Leaves Bank Rate on Hold at 5.0%
‘Easy does it’ was today’s primary message from the Bank of England (BoE).Unlike the US Federal Reserve cutting rates by an outsized 50 basis points (bps) yesterday, the BoE is clearly in no rush to ease policy, with most policymakers backing a slow and s...
3 weeks ago
Week Ahead: Updates from the RBA and SNB Eyed; US PCE Data Also on the Radar
The Week That Was:Fed Hammers Home a 50bp CutAt the centre of things last week was the US Federal Reserve (Fed) rate announcement. In an 11-1 vote, the Fed initiated its easing cycle, reducing the target on the funds rate by an outsized 50 basis points (b...
3 weeks ago
Focus on the RBA & the SNB
Last week witnessed a series of pivotal monetary policy decisions across the globe. While the U.S. Federal Reserve (Fed) opted for its first rate cut in four years, citing easing inflation and a slowing labour market, the Bank of England (BoE) maintained...
3 weeks ago
Week Ahead: What Are the Financial Markets Watching This Week
The Week That Was:All About the FedThe week started with US Federal Reserve (Fed) Chair Jerome Powell taking centre stage on Monday and effectively pouring cold water on rate-cut bets. Powell indicated that the Fed would likely opt for the more standard 2...
1 week ago
Week Ahead: What Are the Financial Markets Watching This Week
The Week That Was:RBNZ Slashed Rates by 50bpsThe week kicked off with the Reserve Bank of New Zealand (RBNZ) reducing its Official Cash Rate (OCR) by 50 basis points (bps) to 4.75%, a move that was widely expected and marked the central bank’s second cons...
2 days ago