I posted up a preview of the Bank of England here, with a helpful note that Super Thursday is coming up on Thursday…. 😉 Also, this: – This, in brief, from Nomura now:
Previously the RBA had said again and again that the next rate move was likely to be up. Lowe relented in his speech today, admitting its more balanced: AUD/USD sent lower:
Federal Reserve Board Chairman Powell is speaking with teachers in a ‘town hall’ style meeting in Washington and also via an accompanying webcast Powell will respond to questions, so a heads up for his views on the economy and policy.
Former Fed chair Yellen on the outlook The 2015/16 period is more interesting than it looks on many charts. Oil and commodity prices imploded and business investment cratered. It could have easily ended in recession if not for Chinese stimulus and central banks making a dovish shift.
Bloomberg report on JPM cranking up the risk level, including: – Shift away from gold – Buy a basket of U.S. stocks sensitive to China and tradeLift credit to neutral from underweight JPM citing:
BOJ governor Haruhiko Kuroda speaks in parliament – Expects consumer inflation to gradually accelerate towards 2% – Japan’s economy has improved significantly since 2013 ForexLive
I had the headline earlier, but not much more than that: A little more now: via Reuters recap ForexLive
Earlier from Reserve Bank of Australia Governor Lowe, dropping the Bank’s tightening bias:: Couple of bank comments. NAB: – the outlook for the unemployment rate and the labour market are key for monetary policy CBA:
DB had forecast a rate hike from the Reserve Bank of New Zealand in H2 of 2019 – Have now revised to expecting a hike in Q2 of 2020 instead Citing – the employment report earlier today, it’ll have an impact on the RBNZ Gives RBNZ little scope to hike this year
Reserve Bank of Australia Governor Lowe took a neutral turn today in his outlook. The story so far, start at the bottom and read up for the chronology) :