The dollar remains in retreat mode again today, continuing the downside momentum from last week. Equities managed to put on a good showing in US trading yesterday, keeping poised in aiming towards the highs of the year next as well. It’s all playing out as it should in what will be a holiday-shortened week for
On Monday, 2 October 2023: 1300 GMT / 09:00 US Eastern time: Speech by Bank of England’s Shoib Khan at the Association of Financial Mutuals Annual Conference 1500 GMT / 11:00 US Eastern time: Catherine Mann, an external member of the Bank of England’s Monetary Policy Committee, takes part in a fireside chat hosted by
Major currencies aren’t doing a whole lot though the dollar is mildly softer as we look towards European morning trade. The ranges are still relatively narrow, so let’s see if there will be any appetite to stretch them out later on. Stocks are at least enjoying a decent showing since Friday last week, with the
The Fed’s annual Jackson Hole Symposium begins with a dinner on Thursday, 24 August 2023. The full agenda will be made available at 6 PM US Mountain Time, which is 8 PMEastern time. This year’s topic is ““Structural Shifts in the Global Economy”. More on this: This year’s theme will explore several significant, and potentially
The Australian dollar is the early mover today after the RBA decision to leave the cash rate unchanged at 4.10% again. The aussie is lower as a result but it isn’t that bad as markets have already priced in this outcome more so than a rate hike. The yen is also softer again with USD/JPY
