CME FedWatch Shows a Decrease in Market Expectations for a Rate Cut this Month to Around 11%
Today, the dollar has been gaining strength, with the dollar-yen pair reaching the 142 yen range, thanks to the rise in US bond yields. In the short-term financial markets, the probability of a 25 basis points rate cut at the US Federal Open Market Committee (FOMC) meeting scheduled for January 31st has decreased to around […]
Expectations for the US FOMC to remain unchanged in March surged to 40%
According to CME FedWatch, the 25bp rate hike factored into the US FOMC in February has dropped to around 60%, while the unchanged rate has risen sharply to around 40%. In the European/London market at the beginning of the week, the bankruptcy of US SVB has once again heightened anxiety in the market. Germany’s two-year […]
25bp rate hike speculation at February FOMC rises to nearly 90%
Expectations for a 25 basis point rate hike at the February FOMC rose to 87.2%, nearly 90%, according to CME FedWatch. Yesterday it was around 76.7%. Reacted to the fact that the US consumer price index showed a declining trend as expected. The US 10-year bond yield fell to the 3.46% level, […]
Short-term financial markets, factoring in a 25bp interest rate hike at the February FOMC meeting decreased
In response to a succession of strong employment-related indicators, there has been a change in expectations of interest rate hikes in the money market. CME FedWatch shows that the 25bp pricing at the February FOMC meeting fell to 58.1% from 69.7% yesterday. On the other hand, the degree of 50bp incorporation increased from 30.3% to […]
Pay attention to movements after the release of the US consumer price index
“Today we have the most popular ingredient this week.” It is the July US consumer price index that will be announced. The market forecast is expected to slow down from +9.1% in the previous year to +8.7% from the previous year. On the other hand, the core year-on-year growth is expected to be +6.1%, which […]