Newsquawk Week in Focus: Fed, BoJ, RBA, BoE, SNB, US Retail Sales, and Japan CPI
MON: G7 Summit (15-17 Jun), German Wholesale Prices (May), Indian WPI (May), EZ Industrial Production (Apr), US Indus ...
How have interest rate expectations changed after this week’s events?
Rate hikes by year-endRBNZ: 65 bps (76% probability of rate hike at the next meeting)BoJ: 46 bps (90% probability of ...
ECB’s Kocher says rate hike was intended to help stabilize inflation, expectations
Full report hereECB’s Kocher said yesterday’s rate hike is intended to help stabilize inflation as the Mi ...
ECB’s Dolenc says current rate level gives enough flexibility to respond to energy shock
Full report here ECB’s Dolenc said the European Central Bank’s rate hike gives policymakers enough flexibility ...
ECB policymaker Nagel says keeping all options open for July meeting
The rate hike yesterday was necessaryThat as high energy prices are increasingly having an indirect impact on other p ...
Reuters poll in near unanimous: RBA seen holding at 4.35% on June 16
A near-unanimous expectation of a hold leaves limited scope for a market surprise on Tuesday, with attention shifting ...
Westpac sees RBA hold at the June 15-16 meeting, but more hikes ahead
Westpac’s call for a June hold followed by further hikes in August and September keeps the RBA’s tighteni ...
PBOC sets USD/ CNY reference rate for today at 6.8109 (vs. estimate at 6.7640)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More detail here.Injects 393 ...
South Korea’s central bank governor Shin says interest rates need to be increased
Shin’s comments add to signs the BOK is moving toward tightening as early as next month, with inflation running ...
PBOC is expected to set the USD/CNY reference rate at 6.7640 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
ECB sources report: Policymakers see July pause if energy prices stay where they are
Need to see material surge in crude prices to bring back July hikeProjections embed two more rate hikesm meaning a Se ...
ECB’s Lagarde: Risks to the growth outlook are to the downside
Some indicators of underlying inflation have been driven higher by energy shockFirms are getting ready to pass on hig ...