In focus this week Today is set to be a quiet start of the week, without major market movers on the data front. We continue to await Israel’s response to the Iranian missile attack on 1 October, which will determine […]
Thursday’s ECB Meeting Main Event This Week Read More »
At next week’s ECB meeting on 17 October we expect the ECB to deliver yet another rate cut of 25bp, bringing the deposit rate to 3.25%. Weaker-than-anticipated growth indicators, as well as a decline in inflation, support the case for
ECB Preview – Acknowledging Downside Weakness = A Rate Cut Read More »
This week saw a further escalation of the conflict in the Middle East, as Israel attacked Hezbollah in Lebanon and Iran launched missiles at Israel. There was little market reaction. Oil prices rose around two dollars per barrel but are
Weekly Focus – Lower Inflation Clears Path for European Rate Cuts Read More »
In focus today Today, focus is on euro area HICP inflation from September. We expect headline inflation to decline to 1.6% y/y from 2.2%, below consensus of a decline to 1.8%, due to the lower-than-expected prints from Spain and France.
Euro Area Inflation and US Labour Market Data in Focus Read More »
The big news this week was the barrage of new stimulus measures from China. At an economic briefing on Tuesday, People’s Bank of China and financial regulators announced a wide range of measures to shore up the ailing economy: the policy
Weekly Focus – China Makes a Big Push to Turn the Economy Read More »
