Tag Archives: CentralBanks

RBNZ to carry on with 50bps hike in August – Reuters poll

“The Reserve Bank of New Zealand (RBNZ) will stick to its hawkish stance and deliver a fourth straight half-point rate hike on Wednesday in its most aggressive tightening in over two decades to try to rein in stubbornly-high inflation,” as per the latest Reuters poll published early Friday morning in Asia. Key findings All 23… Read More »

Fed’s Bullard wants rates at 4% by Dec

The Federal Reserve will be prepared to hold interest rates “higher for longer” should inflation continue to surprise to the upside, and market pricing will need to adjust accordingly, Fed’s St. Louis president James Bullard said on Tuesday who wants rates at 4% by the end of the year.  US CPI in focus Meanwhile, investors will… Read More »

It will be necessary to consider higher inflation targets for central banks – Natixis

Inflation in OECD countries is expected to be structurally higher in the future due to the combination of several factors. If inflation is structurally higher, it will be necessary to consider raising central banks’ inflation targets to prevent them from having to conduct a perpetually restrictive monetary policy, in the view of analysts at Natixis Inflation… Read More »

EUR/JPY grinds higher towards 138.00 despite Italy’s political jitters, softer yields

EUR/JPY prints five-day uptrend while extending the bounce off the lowest levels since mid-May. Softer US dollar, hopes of sustained easy money policies from the Bank of Japan (BOJ) favor pair buyers. Moody’s downgrade Italy’s credit outlook, yields pare post-NFP gains amid a sluggish session. Downbeat Japan data, weekend numbers from China appeared to have… Read More »

EUR/USD bears are moving in with eyes on a significant downside extension

EUR/USD is under pressure following a blockbuster US jobs report.  The price is starting to decelerate in the bull weekly correction.  EUR/USD is flat at the start of the week following Friday’s sell-off from the 1.0250s that reached a low of 1.0141. The move came from a blockbuster US Nonfarm Payrolls report. The US employment… Read More »