EMU
Week Ahead: US PCE Deflator, EMU CPI, China PMI, OPEC+, and COP28 – Beragampengetahuan
The dollar fell against all the G10 currencies last week. The dollar-bloc currencies, sterling, and the Scandis led the move, appreciating by about 0.55%-1.40% against the US dollar. The dollar bloc and sterling recorded new highs for the month ahead of the weekend. Against the others, the dollar spent most of last week consolidating after […]
Week Ahead: Digesting Implications of the FOMC, EMU and Tokyo August CPI, and China’s PMI – Beragampengetahuan
The most important outcome of the last week’s flurry of central bank meetings was the median forecast of Fed officials for 50 bp less in cuts next year than it had anticipated in June as it revised up its growth forecasts for this year and next. The prospect for higher rates for pushed equities lower. […]
Week Ahead: Slowing US Jobs and Softening EMU Inflation – Beragampengetahuan
The Jackson Hole symposium marks the end of summer just as much as the autumn equinox next month. It has been a tough few months for bond markets as yields have soared. For the US economy, which has proven more resilient than many, including Fed officials thought, and a sharp increase in anticipated supply of […]