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Usdcad technical analysis - key level in focus
The Fed last week paused its tightening cycle leaving interest rates at 5.00-5.25%. The FOMC wants to see more economic data before deciding on anothe...
June 20, 2023, 8:59 am
Ecb kazimir: we need to deliver another rate hike in july
ECB Governing Council member Peter Kazimir stressed today the necessity for continued monetary policy tightening to address prevailing inflationary pr...
June 19, 2023, 8:45 am
Ecb's centeno: we must act to control inflation
Policy is on restrictive terrain, it isn't a support to growthRates should remain in ...
June 16, 2023, 10:41 am
Lagarde opening statement: eurozoneo economy has stagnated in recent months
Borrowing costs have increased steeply and loan growth has slowedWe will continue to follow a data-dependent approachRates to remain ...
June 15, 2023, 12:58 pm
Wti futures pull back after bouncing off restrictive trendline
WTI oil futures (July delivery) have been moving within their downward sloping channel for the last 10 months, creating a structure of lower highs and...
June 15, 2023, 7:54 am
Imf says new zealand’s economy is in the midst of a necessary, policy-induced slowdown
The International Monetary Fund (IMF) with its New Zealand: Staff Concluding Statement of the 2023 Article IV MissionIn summary:New Zealand is likely ...
June 14, 2023, 3:53 am
Eurjpy tests restrictive trendline near 15-year peaks
EURJPY had been in a strong uptrend, which ceased at a fresh 15-year high of 151.60 in early May before the pair corrected lower. Although it quickly ...
June 13, 2023, 8:16 am
Wti futures retest restrictive trendline
WTI oil futures (July delivery) have been moving without a clear direction in the last month. Even though the commodity managed to spike above the upp...
June 8, 2023, 2:20 pm
Sunset market commentary
Markets Question today was whether markets would build on yesterday’s post-BoC repositioning. Team Tiff Macklem concluded they had no other option b...
June 8, 2023, 2:14 pm
Eager to find if core bonds remain in sell-off mode
Markets The Bank of Canada yesterday joined the Reserve Bank of Australia in starting a second leg of the policy normalization cycle after a premature...
June 8, 2023, 6:35 am
Eur/usd, gbp/usd, usd/cad, usd/jpy – canadian dollar gains ground as boc raises rates
BoC noted that monetary policy was not sufficiently restrictive to push inflation back to the 2% target...
June 7, 2023, 4:24 pm
Boc hikes 25bps, inflation concerns increased
BoC surprises the markets by raising the overnight rate by 25bps to 4.75% today. Correspondingly, the Bank Rate now sits at 5.00%, and deposit rate at...
June 7, 2023, 2:13 pm
Oecd upgrades global growth outlook, advocates for restrictive monetary policies
In the latest Economic Outlook, OECD has slightly upgraded global growth forecasts, and stressed the need for central banks to maintain ...
June 7, 2023, 9:53 am
Fed harker: we are clearly in restrictive, we can sit there for a while
Philadelphia Fed President Patrick Harker recommended a pause in interest rate hikes at the upcoming FOMC meeting, stating. “It’s time to at least...
June 2, 2023, 4:06 am
National australia bank expect a +25bp rate hike from the rba, but not until august
The next Reserve Bank of Australia meeting is on June 6.statement is due at 2.30 pm Sydney time, which is 0430 GMT and 12.30am US Eastern timeVia Nati...
June 2, 2023, 12:30 am
Icymi: bullard said rates “at the low end of what is arguably sufficiently restrictive”
St. Louis Federal Reserve branch President James Bullard wrote an essay. It was published on Thursday.The Wall Street Journal have a (gated) piece wit...
June 1, 2023, 9:06 pm
Fed's barkin: there is uncertainty around where rates need to go
Barkin will be voting next year and that will be an interesting time for the FOMC as it wrestles with the impacts of high rates. For now, he's non-com...
May 30, 2023, 5:11 pm
Ecb needs to keep rates restrictive: blackrock's cooper
Laura Cooper, BlackRock senior macro strategist for ishares EMEA, says the ECB will need to keep interest rates ...
May 30, 2023, 12:42 pm
Ecb will have to keep rates restrictive: blackrock
Laura Cooper, BlackRock senior macro strategist for iShares EMEA, says European equities are not accurately reflecting the looming recession across th...
May 30, 2023, 12:23 pm
Ecb de cos: closer to end of tightening, prolonged restrictive rates necessary
ECB Governing Council member, Pablo Hernandez de Cos, expressed his thoughts on the direction of ECB’s monetary policy during a speech yesterday. In...
May 30, 2023, 5:02 am
