The coming week features key inflation and PMI readings, with attention centered on the euro area, the UK, and North America. Multiple central-bank speakers will offer updated guidance as markets recalibrate policy expectations. 📌 Monday, Oct 20 🇨🇳 1-Year & 5-Year Loan Prime Rates – No change expected (3.45% & 3.95%), but commentary could hint…
Weekly Wrap – Global Macro Recap (Oct 13–18, 2025) Global markets navigated a week of mixed macro data and cautious central-bank communication, as China’s inflation eased, UK growth steadied, and US regional surveys diverged. 🇦🇺 Australia (AUD)RBA Minutes reaffirmed a balanced stance: vigilance on inflation, recognition of softer momentum.Labor data surprised with +14.9K jobs; Unemployment…
Week Ahead – Global Macro Events (Oct 13–18, 2025) A dense calendar spans China inflation, US CPI/PPI-Retail Sales, UK labor/GDP, and multiple central-bank speakers. Expect policy expectations and growth signals to drive FX, rates, and commodities. 📌 Monday, Oct 13 📌 Tuesday, Oct 14 🇦🇺 RBA Minutes (Sep) — Tone watch: balance between easing inflation…
Weekly Wrap – Global Macro Recap (Oct 6–10, 2025) The week closed with central-bank rhetoric and labor data dominating the macro narrative, as policymakers signaled caution while growth signals remained uneven across major economies. 🇬🇧 United Kingdom (GBP)BoE Governor Andrew Bailey maintained a cautious tone, noting stabilizing inflation but weak growth momentum. Markets priced no…
Weekly Wrap – Global Macro Recap (Sep 29 – Oct 3, 2025) The past week in global markets was marked by central-bank caution and mixed macro signals across major economies. Below is a concise region-by-region recap for traders. 🇨🇳 China (CNY)Official Manufacturing PMI eased to 49.4, remaining in contraction. Ongoing softness in activity keeps pressure…
Week Ahead – Global Macro Events (Sep 30 – Oct 3, 2025) The upcoming week is packed with central bank updates and key economic indicators across major economies. Here is the schedule and trading context: 📌 Tuesday, Sep 30 🇨🇳 China Manufacturing PMI – Expected at 49.4, remaining in contraction territory. A weak print could…
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee broke away from the overarching narrative of consecutive Fed rate cuts heading through the end of the year, widening the narrative gap between Fed incumbents and Donald Trump’s newly-minted Fed plant Stephen Miran. Key highlights Goolsbee warns against series of rate cuts.I am uncomfortable with overly…
USD/CHF pared away near-term gains, testing back into recent lows. The Fed is still on pace to deliver an interest rate cut next week despite another uptick in CPI inflation. The SNB is battling rate cut expectations of its own, with markets weighing odds of negative rates. USD/CHF chalked in a technical rejection of the…
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave key rates unchanged at the September policy meeting and responds to questions from the press. Join our ECB Live Coverage here ECB press conference key takeaways “Growth shows resilience of domestic demand.” “GDP data reflects Q1 front-loading.” “Investment should be…
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1321 as compared to the previous day’s fix of 7.1287 and 7.1871 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate…