分析報告

Sterling markets await UK CPI

Sterling markets await UK CPI

Asian and Western equity markets trended lower. China's central bank trimmed prime loan rates. Australia's Reserve Bank revealed a dovish stance. Upcoming UK CPI data and Bank of England's expected rate hike are in focus. No major UK or Eurozone data releases are due. US housing data is eyed ahead of Fed Chair Powell's testimony. The US dollar strengthened, GBP/USD fell.
Moneta Markets | 865天前
Equities ease as China stimulus concerns rise

Equities ease as China stimulus concerns rise

Asian equities fall amid fears of disappointing Chinese stimulus. US and China ministers have a constructive meeting. ECB may raise interest rates again in July due to inflation pressures. US housebuilders' sentiment expected to rise. GBP/USD steady, pound up 2% due to anticipated interest rate hike in the UK.
Moneta Markets | 866天前
ECB Seeds Europe Recession?

ECB Seeds Europe Recession?

There is only one problem here. Well, several really. Germany is already in recession, and several nations are already faltering. Also, is it really appropriate to be raising rates against inflation when consumer and business activity is already slowing due to caution surrounding the war on on the EUs doorstep.
ACY Securities | 869天前
FOMC Skips June, But Signals Hikes Not Done Yet

FOMC Skips June, But Signals Hikes Not Done Yet

FOMC unanimously decided not to raise rates at the current meeting. "Additional policy firming" may still be considered according to the Committee. Median dot for 2023 shifted up by 50 bps, indicating potential tightening by the end of 2023.
ACY Securities | 869天前
ECB Adds To Recession Risk

ECB Adds To Recession Risk

The ECB raised rates by 25 points. With the Euro market reacting as if this were a surprise? The ECB had signalled clearly that it would continue to raise rates for some time. That it has more work to be do in the perceived fight against inflation.
ACY Securities | 869天前
US dollar on course to fall for a third week

US dollar on course to fall for a third week

Asian equity markets rise on Chinese stimulus hopes. Bank of Japan keeps policy unchanged. Eurozone CPI expected to confirm fall in headline measure. US consumer sentiment survey likely to rebound slightly. Central bank speakers and ECB speakers scheduled. Euro maintains increase, pound supported by BoE hike expectations. Japanese yen weakens after BoJ decision.
Moneta Markets | 869天前