Monday: ECB’s Wunsch (hawk – non voter) remains in favour of raising interest rates again: Underlying inflation remains persistent, may need more rate hikes. I’m inclined to say we maybe need to do a little bit more. The idea that we’ll have to come to a pause at a certain point can’t be excluded, but
Share: PLN crumbling on the back of too-soon rate cut from Polish central bank. USD/PLN soaring to five-month highs as market punish Zloty. PNB Governor Glapinski accused of political manipulation ahead of bitter general election. The Polish Zloty (PLN) has plunged in value on the back of an unexpected rate cut from the
There might be a seasonal factor to the August bump, as this survey isn’t seasonally adjusted. “August brought a stop to wholesale price declines, though it was only a small reversal of the larger magnitude declines so far this spring and early summer,” said Chris Frey, senior manager of Economic and Industry Insights for Cox
Share: EUR/JPY advanced towards 158.15, setting a 0.40% weekly gain. The cross was rejected by the 20-day SMA the whole week. The daily charts flash signals of exhaustion. At the end of the week, the EUR/JPY cross advanced to the 158.15 area, seeing 0.40% daily and weekly gains. The daily charts suggest a
No comments on monetary policy Fed is ‘a long way’ from any decision on CBDC Would only proceed with clear support of executive branch and legislation from Congress Says he remains ‘deeply concerned’ about stablecoin issuance without strong federal oversight There’s nothing to move markets here. لینک منبع : هوشمند نیوز
UPCOMING EVENTS: Tuesday: UK Labour Market report, German ZEW, US NFIB Small Business Optimism Index. Wednesday: Japan PPI, UK GDP, EZ Industrial Production, US CPI. Thursday: Australia Labour Market report, Japan Industrial Production, Switzerland PPI, ECB Policy Decision, US Jobless Claims, US PPI, US Retail Sales. Friday: NZ Manufacturing PMI, China Industrial Production and Retail