Week Ahead – Trouble spews for yen as Fed, BoE and SNB to hike, put spotlight on BoJ

From xm.com

video A crucial week is coming up for the markets as no less than four central banks are scheduled to announce their latest monetary policy decisions. There is a strong possibility of a 75-basis-point rate hike from the Federal Reserve, Bank of England, as well as the Swiss National Bank. The Bank of Japan, though, is expected to buck the trend, leaving the yen at the mercy of its rivals. However, the flash PMI estimates for September will be important too amid ongoing worries about a recession. Fed meets: another big rate hike on the way Many were hoping that the August CPI report would bring further relief on the ... (full story)