Executive SummaryWith the BCRP’s easing cycle nearing an end, as the policy rate approaches a neutral level, this week’s ...
Federal Reserve Governor Chris Waller said Wednesday interest rates should continue to fall in 2025 as inflation cools ...
The hawkish repricing in Dec ’25 BoE-dated OIS stopped at the hawkish extreme seen in December, pricing ~44bp of cuts through year-end, before a fade back to ~49bp.These levels probably look enticing ...
Christian Stocker, acting federal chairman of the conservative Austrian People's Party (ÖVP) has confirmed that he will accept right-wing populist Freedom Party (FPÖ) leader Herbert Kickl's invite to ...
The unplanned outage Norway’s 18.4mcm/d Hammerfest LNG plant has been extended by ten days until 19 January, Gassco data showed. The plant went offline due to compressor failure on 2 January.
Wednesday is largely in line with Chair Powell's post-December press conference commentary: further rate cuts are expected if the economy unfolds as expected. But Waller is more forceful on the ...
The firmer greenback price action on Wednesday has further weighed on the South African rand. USDZAR has now advanced 1.4% on the session to a fresh 7-month high.Today’s gains have confirmed a ...
Kazakhstan has revised oil output targets for 2025 down to 96.2m tons from 97.2m tons, Interfax said citing the Energy Ministry.Kazakhstan previously lowered its planned oil production for 2024 to 87.
Long end weakness, fiscal worry and the latest round of media speculation surrounding Trump’s tariff preferences promote hawkish repricing for GBP STIRs.BoE-dated OIS now prices ~46bp of cuts through ...
Despite the underlying dollar bid, the underperformance for UK assets has prompted a solid uptick for EURGBP on Wednesday, and a firm break above resistance at 0.8311, the 50-day EMA. We have reached ...
Gilt weakness extends on the move through yesterday’s low in futures, no fresh headlines seen.10s target 4.70%, highs of 4.695% thus far, 30s register fresh multi-decade highs at 5.257%.
Treasuries have sold off over the past hour as US desks join, lagging sharp downward pressure in Gilts after long end yields broke to fresh multi-decade high. CNN has more recently reported Trump is ...