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The Fed looks set to signal a pivot later this month
CIO sees room for the ECB to cut rates again in September, following the first reduction in June. Markets are now pricing in a 65% probability of a September rate cut. With the Federal Reserve also likely to start easing policy in September, and the Bank of England potentially in August, the global rate-cutting cycle remains on track despite inflation jitters in some parts of the world. Economic activity in the Eurozone remains weak, with decelerating core inflation. Eurozone GDP growth was just 0.3% in the first quarter of 2024. While that is better than the 0.1% contraction in the last quarter of 2023, it follows ... (full story)
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From visualcapitalist.com|Jul 19, 2024The Paris Olympics are estimated to cost over $9 billion to host, making them one of the less expensive Summer Oylmpic Games in recent memory. This graphic lists the estimated ...
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From youtube.com/cmegroup|Jul 19, 2024U.K. retail sales data weak paired with lower than expected employment data today. Bob Iaccino has more information.
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From think.ing.com|Jul 20, 2024The ECB meeting ended with markets showing little reaction – the Governing Council unanimously decided to keep rates on hold. Very front-end rates with a view to September – if ...
From think.ing.com|Jul 20, 2024We’re looking for stronger GDP data and a 0.2% month-on-month core PCE deflator print in the US next week – which should keep current Fed rate cut expectations firmly in place. ...
From marctomarket.com|Jul 20, 2024The consolidative phase for the dollar, we anticipated last week, after its recent drop, is evolving into a proper upside correction. We expect the dollar to trade broadly firmer ...
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- Posted: Jul 20, 2024 2:30am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,412
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