There is a possibility that the dollar will sell at the US FOMC and the euro will stand alone at the meeting of the British and European central banks
At yesterday’s US FOMC meeting, the interest rate was raised by 25bp as expected. At the press conference of FRB Chairman Powell, he showed a conventional attitude of suppressing inflation, continued to raise interest rates in the future, and showed a sense of caution against premature easing. However, it was in the early stages of […]
A 25bp rate hike at the US FOMC meeting has already been factored in, pay attention to Chairman Powell’s press conference
The results of the first US FOMC meeting of the year are scheduled to be announced today. Since the end of last year, the market has fully priced in a 25 basis point hike, so there seems to be no turbulence about the size of the hike. The focus will likely be on the content […]
Following the US FOMC, the Bank of England and the ECB announced monetary policy today
Following yesterday’s US FOMC, today the Bank of England and the ECB will announce their monetary policies. The FOMC raised interest rates by 50 basis points, as many expected. The pace eased after four consecutive 75 basis point hikes. However, this has already been factored into the market. The key terminal rate level was […]
The US CPI supports the 50bp interest rate hike at the FOMC this time, and the focus is on the terminal rate
The notable US consumer price index was announced yesterday. Both the year-on-year change and the core year-on-year change were lower than market expectations and the previous figures. U.S. Treasury yields plummeted and the dollar fell sharply. It was the content that supported the 50 bp rate hike forecast at the last US FOMC meeting of […]
In the November FOMC summary, the majority argued that rate hikes would slow down soon.
The US Federal Reserve Board (FRB) released the minutes of the US Federal Open Market Committee (FOMC) held on the 1st and 2nd on the 23rd. While many were skeptical that high inflation would end, the majority argued that a slowdown in the pace of rate hikes would likely be appropriate in the near future. […]
Exploring views on the pace of future interest rate hikes and final levels in the minutes of the US FOMC
Today, the latest US FOMC meeting minutes (held on November 1-2) will be released. Preliminary market expectations are that the next rate hike in December will be reduced to 50 basis points. Currently, CME FedWatch is priced at 75.8% for 50bp and 24.2% for 75bp. A slowdown from four consecutive 75bp rate hikes is expected. […]
Pay attention to whether the Bank of England will also raise interest rates significantly following the US FOMC
The US FOMC announced an interest rate hike of 75bp as expected by the market. The statement added that “considering cumulative tightening and associated delays” when determining the appropriate pace of rate hikes to make policy sufficiently restrictive. This was associated with a slowdown in the pace of interest rate hikes in the future, and […]
Awaiting the results of the US FOMC, the market is set in neutral
Today, the results of the US FOMC meeting in November will finally be announced. The market consensus is that the rate hike will be 75 basis points. The market is focused on the size of the rate hike in December and the pace of future rate hikes. The market is likely to react sensitively to […]
It will be difficult to move ahead of the US FOMC at the beginning of the week, and there are expectations for an improvement in risk trends
The market at the beginning of the week is expected to be difficult to move ahead of the announcement of the results of the US FOMC on Wednesday (before dawn on Thursday in Japan time). In the midst of this, the speculation that the pace of US interest rate hikes will slow down in the […]
This week, attention will be focused on interest rate hike trends by central banks around the world, centering on the FOMC.
Focusing on the US FOMC meeting this week, the market is focusing on interest rate hikes by central banks around the world. The FOMC is pricing in a 75bp rate hike of over 80% and a 100bp rate hike of less than 20%. It is likely that the evaluation of the degree of interest rate […]