Central Banks: Our latest calls
Our call: 75bp in July, 50bp in September and November before switching to 25bp in December. Rate cuts in 2H23. Quantitative tightening (QT) to continue until rate cuts begin. Rationale:
US to Join G-7 in Ban of New Russian Gold Imports to Hit Putin
US President Joe Biden and fellow Group of Seven leaders will agree to announce a ban on new gold imports from Russia, a person familiar with the plan says, the
Here’s how pro traders could use Bitcoin options to buy the $20K BTC dip
Bitcoin hit a 2022 low at $17,580 on June 18 and many traders are hopeful that this was the bottom, but (BTC) has been unable to produce a daily close
Pound Weekly Fundamental Forecast: Unflattering GBP Set to Continue
The pound had some rather tricky data prints to navigate this last week with UK inflation and retail data alongside Jerome Powell’s two-day testimony. Inflation needs no introduction as it Goldman economist sees U.S. inflation ebbing as recession risk rises
In the recession debate gripping Wall Street, Goldman Sachs & Co. Chief Economist Jan Hatzius might be considered a cautious optimist. “We don’t have a recession in our base-line forecast,”
ECB Tool to Avert Debt Crisis 2.0 Takes Shape as Market on Edge
Details are emerging of how the European Central Bank plans to stave off undue panic in government bond markets as investors worry a repeat of the continent’s sovereign-debt crisis of BTC Drops Below $20K Over the Weekend, End of Bear Market?
The price of the largest cryptocurrency by market cap, Bitcoin (BTC), has dropped below $20K for the first time since 2020 as the selloff in the cryptocurrency market deepens. At one
Yen’s Drubbing Shows FX Market Will Test Resolve of the BOJ
The yen’s tumble after the Bank of Japan’s refusal to budge on ultra-easy monetary policy shows that traders will continue to challenge Governor Haruhiko Kuroda’s commitment to keep the liquidity Bank of England Should Go Faster on Rates, NatWest Chairman Says
The Bank of England should raise rates more quickly to signal its willingness to tackle inflation over the medium term, according to NatWest Group Plc Chairman Howard Davies. The weakness