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.
Gold and Silver move higher after last week’s pullbacks but the precious metals are struggling with resistance ahead of the US PCE release.
Copper price drops over 5% on Thursday as traders take profits following the FOMC meeting minutes.
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.
The Reserve Bank of New Zealand (RBNZ) meets on Wednesday, May 22, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.
The rate of growth in US consumer prices dropped in April leading markets to price in more chances of rate cuts from the Fed
Filter out the noise and focus on the news that matters.
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.
The Reserve Bank of New Zealand (RBNZ) meets on Wednesday, April 10, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.
US CPI data is released on Wednesday, 10 April. We preview what to expect from the data, how it could influence US Federal Reserve policy, and analyse the NASDAQ (US Tech 100).
Five of the world’s most significant central banks delivered policy this week. We review the decisions and discuss their impact on the markets.
Central banks dominate the calendar in March and markets try to anticipate which one will be the first one to cut
Markets have no doubt that the BoE will keep its rate unchanged
Markets expect the Fed to keep rates unchanged as strong economic data continues
Market Analysis: UK economy rebounds in November – how does that impact rate cut expectations?