Wouldn’t say that disinflationary process is already at play
Christine Lagarde, President of the European Central Bank (ECB), is delivering her remarks on the policy outlook and responding to questions from the press following the Governing Council’s decision to hike key rates by 50 basis points in February. Key takeaways “I can’t think of scenarios where 50 bps hike would not happen unless they’re […]
ECB Hike Rates by 50bps, EURUSD Looks Vulnerable
ECB Rate Decision Key Points: Recommended by Zain Vawda Get Your Free EUR Forecast The European Central Bank has raised interest rates by 50bps in line with expectations. The central bankexpects to raise rates further keeping them at levels that are sufficiently restrictive to ensure a timely return of inflation to its 2% medium-term target. […]
Persistent EU Inflation Boosts Odds of a Moderately Hawkish ECB on Thursday
The Fed meeting in December, the Minutes of the meeting, incoming January US soft and hard data – all of them indicate that the Fed may deliver the penultimate rate hike today and implicitly announce the end of the tightening cycle at the next meeting. However, core inflation in the US is still high and […]
FTSE, Dax Remain Rangebound Ahead of ECB and BoE Rate Decision
German Dax 40, FTSE 100 Latest: German Dax builds in a solid range that has continued to hold over the past few weeks. FTSE 100 dips below the 20-day MA (moving average) – strikes over wages in the UK rise but stocks hold steady (at least for now). Equity indices remain resilient ahead of central […]
ECB to Raise Rates, but Maybe Not As Much as Expected
Over the last several weeks, many ECB members have been making the case that rates need to go up. Not just that there needs to be at least a “double” hike at the coming meeting, but further hikes after that. Only Centeno intimated that the interest rate was getting near a level when hiking would […]
US Federal Reserve, ECB and BoE likely to raise interest rates
The attention of investors and traders will be drawn to the US Federal Reserve (Fed), European Central Bank (ECB) and Bank of England (BoE) monetary policy meetings scheduled for today and tomorrow. Market analysts suggest that the three central banks are likely to raise their benchmark interest rates in order to reduce inflationary pressures. On […]
ECB: Out-hawking the Fed but they should be less aggressive
Bank of America Global Research discusses its expectations for the ECB policy trajectory versus the Fed. “While most central banks seem to be winding down their tightening cycles, the ECB still seems to be on automatic pilot. Ruben Segura and team expect 50 bp hikes in both February and March and two more 25 bp […]
FOMC, ECB, BoE to Hike Rates But Guidance Uncertain
It is a very busy week of central bank actions, data, and earnings. Commanding most of the attention, however, will be monetary policy decisions from the FOMC, ECB, and BoE. Rate hikes are universally expected, but that is where the similarities end. Differences in growth and inflation will lead to differing outcomes and guidance. The […]
Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?
Euro, EUR/USD, US Dollar, Fed, ECB, China PMI, AUD/USD. Crude Oil – Talking Points Euro support eased as markets look toward rate changes this week. A strong Chinese PMI wasn’t enough to overcome weak local data for the Aussie The Fed, ECB and BoE are in the box seat this week. Where will EUR/USD end […]
EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead
EUR/USD Price, Chart, and Analysis German Q4 GDP misses expectations and turns negative. EUR/USD is back above 1.0900 ahead of major data and events. Recommended by Nick Cawley Get Your Free EUR Forecast Most Read: EUR/USD Technical Outlook: Minor Setback on the Cards? German gross domestic product (GDP) turned negative in the fourth quarter of […]