Inflation

Despite all the attention on the mini-budget and the political fallout, the BOE still has to fight rising inflation. It will meet two weeks from now to decide on the next course of action. With the release of the data tomorrow, markets can…
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The world's second largest economy is in focus on Friday with the release of some key data at a crucial juncture before the CCP general meeting. There had been some expectations that the zero-Covid policy might be relaxed after the meeting.…
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AUDUSD struggles to bounce The Australian dollar struggles over downbeat inflation expectations. The downtrend accelerated after the aussie cut through the demand area around 0.6400. An oversold RSI caused a rebound as intraday traders…
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Tomorrow's meeting of the OPEC cartel is expected to be quite an event. And not just because it's the first time since the start of the pandemic that delegates are meeting in person. There is rampant speculation that it might agree to cut…
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Normally, higher rates would be seen as good for the banking sector. So there is understandably some concern about the financial markets since Australian banking shares are down considerably despite a broad consensus that the RBA will raise…
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The ECB has only two more meetings for the rest of the year. Which means that the space to get inflation under control by the end of December is getting tight. The common bank is behind other major central banks in raising policy, which has…
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The BOE is facing a somewhat unique problem that could lead to a divided vote on policy when it meets tomorrow. And that could send a confusing signal to the markets, leading to unexpected moves in Forex. Here's why 25, 50 and 75 basis…
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Expectations for what the Fed will do at its next meeting have been on a bit of a rollercoaster. This has created some fluctuations in the dollar, as well as the stock market. But now that Fed officials are sitting down for the two-day…
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The BOC has taken an even more aggressive rate hike route than the Fed, giving the CAD the fastest rising rate of the majors. This didn't stop the meteoric rise in inflation that most developed countries have been seeing this year, although…
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