BoE Interest Rate Prep
Commentary: ING: We suspect the Bank will still want to tread carefully as it gears up for the first meeting of 2024. But the reality is that defending a “higher for longer” stance on interest rates is getting harder as the inflation …
US Interest Rate Prep
On Wednesday the 31st of January at 14:00 ET, the Federal Reserve is set to release its latest interest rate decision.According to the CME Fedwatch tool, as of 09:00 AM ET Monday, January 29th, there is a 97.9% chance of no change …
US GDP Q4 Advance: Breakdown
OverviewReal US gross domestic product grew at an annual rate of 3.3% in the fourth quarter of 2023, as per the “advance” estimate from the Bureau of Economic Analysis. This follows a growth of 4.9% in the third quarter. The rise in …
ECB Interest Rate Prep
Sentiment: ING: Trying to convince markets that pricing rate cuts is wrong requires offering guidance, something that the European Central Bank may have little interest in doing at this stage. We are, indeed, in a phase of data dependency. We don’t expect …
US S&P PMI January Prelim: Breakdown
On Wednesday, the 24th of January, S&P released its January preliminary PMI report for the US. Here’s the breakdown. The latest data for the US S&P Composite PMI indicates an actual value of 52.3, surpassing the forecast of 51 and the previous …
