EUROPEAN SESSION In the European session, we have the UK employment report and the SNB and BoE rate decisions. The UK employment report is expected to show 75K jobs added in the three months to April with the unemployment rate to remain unchanged at 5.0%. The last report showed the unemployment rate ticking higher with […]
What are the main events for today? Read More »
The jump in September hike probability from 30% to above 50% after the decision reflects the dot plot shift rather than any clarity from Warsh himself, which is precisely the problem for rates markets. Without a framework explaining how the committee reasons about inflation and growth, every data print becomes a binary event and volatility
Warsh leaves markets guessing as Fed framework overhaul raises more questions than answers China rolls out third trade-in fund tranche as weak retail data keeps stimulus pressure on Japan’s Kihara flags weak yen household burden but offers no fresh intervention signal Apple warns memory chip crunch makes price rises unavoidable, Cook tells WSJ PBOC sets
investingLive Asia-Pacific FX news wrap: US-Iran memorandum of understanding signed Read More »
The jump in September hike probability from 30% to above 50% after the decision reflects the dot plot shift rather than any clarity from Warsh himself, which is precisely the problem for rates markets. Without a framework explaining how the committee reasons about inflation and growth, every data print becomes a binary event and volatility
The jump in September hike probability from 30% to above 50% after the decision reflects the dot plot shift rather than any clarity from Warsh himself, which is precisely the problem for rates markets. Without a framework explaining how the committee reasons about inflation and growth, every data print becomes a binary event and volatility
The timing of the third tranche announcement, following weak retail sales data earlier this week (May retail sales falling 0.6%, the first decline since the pandemic), signals Beijing is prepared to sustain the trade-in program as a demand floor rather than wind it down as initially suggested. The 820 billion yuan in driven sales is
The jump in September hike probability from 30% to above 50% after the decision reflects the dot plot shift rather than any clarity from Warsh himself, which is precisely the problem for rates markets. Without a framework explaining how the committee reasons about inflation and growth, every data print becomes a binary event and volatility
The remarks follow the standard Japanese official playbook and are unlikely to move the yen in isolation. The notable addition was Kihara’s explicit acknowledgement that a weak yen, while supportive of corporate profits, increases the burden on households, a framing that edges slightly toward the dovish side of the intervention debate by validating the domestic
Japan’s Kihara flags weak yen household burden but offers no fresh intervention signal Read More »
The timing of the third tranche announcement, following weak retail sales data earlier this week (May retail sales falling 0.6%, the first decline since the pandemic), signals Beijing is prepared to sustain the trade-in program as a demand floor rather than wind it down as initially suggested. The 820 billion yuan in driven sales is
The timing of the third tranche announcement, following weak retail sales data earlier this week (May retail sales falling 0.6%, the first decline since the pandemic), signals Beijing is prepared to sustain the trade-in program as a demand floor rather than wind it down as initially suggested. The 820 billion yuan in driven sales is
