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Markets expect the ECB to keep rates unchanged in July but expectations for a September cut rise
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The Bank of England (BoE) is widely expected to keep rates unchanged when it meets on Thursday. Analyst Daniela Harthorn looks at what this could mean
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The Federal Reserve is expected to keep its policy unchanged on Wednesday – data from Reuters shows a 99% chance of no change. Last week’s 25-basis-point rate cut from the ECB has done nothing to change market expectations, and why should it?
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After months of waiting, a rate cut from the ECB on Thursday looks like a done deal. Data from Reuters shows markets pricing in a 96% chance of a 25-basis point cut from the European Central Bank following Thursday’s policy meeting.
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Gold and Silver move higher after last week’s pullbacks but the precious metals are struggling with resistance ahead of the US PCE release.
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Copper price drops over 5% on Thursday as traders take profits following the FOMC meeting minutes.
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The latest round of inflation data will be released at 22 April at 7 am BST and investors are likely going to be paying close attention.
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The rate of growth in US consumer prices dropped in April leading markets to price in more chances of rate cuts from the Fed
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After a remarkably strong first quarter, the US stock market pulled back in April for the first time since October last year.
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The Bank of England (BoE) is widely expected to keep interest rates unchanged when it meets later this week. Data from Reuters shows a 90% chance of no change to the current rate of 5.25%, but the central bank will need to decide whether to change the messaging about rate cuts this year as traders will be paying close attention to any rate-cut clues.
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Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.
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The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.
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The latest US CPI reading hasn’t gone how the Federal would have hoped. Consumer prices came in higher than expected in February for the third month in a row.
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Central banks dominate the calendar in March and markets try to anticipate which one will be the first one to cut