-
Money Markets Bet on ECB Hikes as Banking Crisis Fades From View
It’s been one month since the demise of Credit Suisse Group AG, and the supposedly game-changing event barely registers as a blip for Europe’s money market traders. They are more convinced than they were before the crisis — not less — that the European Central Bank will keep raising interest rates to tackle inflation. That goes against the prevailing narrative at the time. The banking crisis was expected to curb credit growth, slow the economy and take the pressure off policy makers to tighten policy. Since then Goldman Sachs Group Inc. has reinstated its forecast for a terminal rate of 3.75%, after lowering ... (full story)
- Comments
- Subscribe
-
- Older Stories
From @C_Barraud|Apr 19, 2023post at 5:56am:
#JAPAN | #BOJ IS SAID TO BE WARY OF TWEAKING YIELD CONTROL IN APRIL - BBG *BOJ IS SAID LIKELY TO MULL IF GUIDANCE CHANGE CAN WAIT OR NOT *BOJ IS SAID TO SEE ELEVATED UNCERTAINTIES AFTER BANKING CRISIS
From brecorder.com|Apr 19, 2023China’s yuan weakened on Wednesday, as investors awaited further direction on lending benchmark rates that could hold the key to injecting more momentum into the country’s ...
From ec.europa.eu|Apr 19, 2023The euro area annual inflation rate was 6.9% in March 2023, down from 8.5% in February. A year earlier, the rate was 7.4%. European Union annual inflation was 8.3% in March 2023, ...
-
- Newer Stories
From @sevenloI|Apr 19, 2023|1 commentpost at 6:32am: ECB Lane: If Baseline Persists, It Will Be Appropriate to Raise Rates Further. post at 6:32am: ECB’S LANE: TIGHTER LENDING CONDITIONS ARE PROJECTED TO HAVE A PARTICULARLY NEGATIVE IMPACT ON COMMERCIAL REAL ESTATE INVESTMENT. post at 6:34am: ECB’S LANE: BY BRINGING INTEREST RATES TO AN ADEQUATELY RESTRICTIVE LEVEL AND PROMOTING A PERIOD OF BELOW-TREND GROWTH THROUGH THE DAMPENING OF DEMAND, WE WILL COUNTER ABOVE-TARGET MEDIUM-TERM INFLATION PRESSURES.
From xm.com|Apr 19, 2023|1 commentvideo USDJPY had been trending lower since its upward sloping channel broke to the downside in early March. However, the pair crossed above its 50-day simple moving average (SMA) ...
From fxnewsgroup.com|Apr 19, 2023Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has reported its financial results for the first quarter of 2023. For the quarter ended March 31, 2023, ...
- Story Stats
- Posted: Apr 19, 2023 6:32am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,085
- Linked event:
