Category: rate

  • Bank of Japan rate hike plans “face political curve ball”

    We’ve followed the political machinations in Japan as they work to fend off the Bank of Japan’s interest rate hike plans. Reuters published this article late last week, ICYMI, and I updated it today. Worth reading for a summary of Japan’s interest rate hike policy: Bank of Japan Governor Kazuo…

  • Goldman Sachs on well above expectations US jobs report, see a 25bp Fed November rate cut

    Data linked from here: The jobs report came out very clear, beating even the highest estimates: (Note: If you don’t read posts like this from Giuseppe and I before important US economic releases, you will be blind) I’ve already posted some responses: And if you haven’t seen it, Goldman Sachs…

  • Will Bank of Israel raise rate on Wednesday?

    The Bank of Israel’s Monetary Committee will announce its latest interest rate decision on Wednesday. The announcement was postponed for two days to avoid conflicting with the October 7 commemorations and the first anniversary of the start of the war. The consensus is that the Bank of Israel will not…

  • Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner?

    The Shiba Inu is making waves after achieving a stunning 1,000% increase in burn rate. Shipburn data He appears. This occurred simultaneously with an approximately 7% increase in the value of the meme coin. Market watchers are investigating what this could mean for SHIB’s future, especially in light of growing…

  • Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner?

    The Shiba Inu is making waves after achieving a stunning 1,000% increase in burn rate. Shipburn data He appears. This occurred simultaneously with an approximately 7% increase in the value of the meme coin. Market watchers are investigating what this could mean for SHIB’s future, especially in light of growing…

  • Canadian dollar expected to strengthen in 2025 as rate cuts boost economy: Reuters poll By Reuters

    By Fergal Smith TORONTO (Reuters) – The Canadian dollar is expected to continue its recovery against its U.S. counterpart next year as lower borrowing costs support economic growth in Canada and investors’ appetite for risk increases, a Reuters poll showed. The Canadian currency has risen 3.3% since reaching a two-year…

  • More from Goolsbee: Will have discussions about what rate we need to ultimately settle on

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…

  • Ed Yardeni sees Fed pausing rate cuts for 2024 after jobs report

    The Fed’s 2024 easing campaign may already be over Strong business report Friday highlights the stubborn resilience of the world’s largest economy, according to Wall Street veteran Ed Yardeni. Further policy easing would risk sparking inflation as oil prices rebound and China seeks to stimulate its economy, according to the…

  • Shiba Inu Burn Rate: Here’s How Much SHIB Was Burned In September

    the Burning Shiba Inu Tracking website Shibburn recently revealed how many SHIB tokens were burned in September. the Burn rate It saw an impressive rise compared to the number of tokens burned in the previous month. Shiba Inu burn rate increases in September Shipburn She revealed in X’s post that…

  • Shiba Inu Burn Rate: Here’s How Much SHIB Was Burned In September

    the Burning Shiba Inu Tracking website Shibburn recently revealed how many SHIB tokens were burned in September. the Burn rate It saw an impressive rise compared to the number of tokens burned in the previous month. Shiba Inu burn rate increases in September Shipburn She revealed in X’s post that…

  • 100bp of rate cuts coming up from the Reserve Bank of New Zealand, beginning next week

    There are a series of calls for a 50 basis point cut in interest rates for the RBNZ meeting next week: TD Bank expects to cut its interest rate by 50 basis points next week as well, but added that they expect the same size of cut at the November…

  • Japan’s Eco Min says not necessarily correct that Ishiba positive about further rate hikes

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…

  • Japan’s business mood steady in July-Sept, keeps BOJ rate hike chance alive By Reuters

    Written by Makiko Yamazaki and Laika Kihara TOKYO (Reuters) – Japanese business sentiment stabilized in the three months through September, a closely watched survey showed, a sign that the economy remains on track toward a moderate recovery that leaves room for the central bank to raise interest rates further. But…

  • More on BNZ forecasting a 50bp interest rate cut next week from the RBNZ

    BNZ sums up its reasons: QSBO is just awful Consumer Price Index heads below 2.0% Soft labor market to subjugate non-tradable goods Price settings should move quickly towards neutrality A 50 basis point cut is warranted at the October meeting “In our view, we believe that the reflationary information we…

  • Powell Speech and Jobs Data to Help Clarify Fed Rate Path

    Breadcrumb links BMN Business Fed policymakers’ appetite for another big interest rate cut in November may come into better focus next week as Jerome Powell addresses economists and the government releases new employment numbers. Article writer: Bloomberg News Vince Juhl and Craig Sterling Posted on September 28, 2024 • 6…

  • US dollar slumps after softer inflation, China rate cut. AUD/USD hits 18 month high

    The Australian dollar reached its highest levels since February 2023 as part of a broad sell-off in the US dollar following weak US inflation data and China cutting lending rates. A final break above 0.6900 in AUD/USD breaks the June 2023 high and a series of rallies in this range.…

  • Cardano (ADA) Eyes 20% Price Surge – Funding Rate Suggests Increasing Demand

    This article is also available in Spanish. Cardano is trading at an important supply level that could lead to a significant rally to new highs. Following last week’s rate cut, optimism rose among analysts and investors, with many anticipating strong upward momentum for the altcoin. Related reading This positive sentiment…

  • Cardano (ADA) Eyes 20% Price Surge – Funding Rate Suggests Increasing Demand

    This article is also available in Spanish. Cardano is trading at an important supply level that could lead to a significant rally to new highs. Following last week’s rate cut, optimism rose among analysts and investors, with many anticipating strong upward momentum for the altcoin. Related reading This positive sentiment…

  • Swiss National Bank Cuts Interest Rate to 1.00%

    The Swiss National Bank (SNB) announced a 25 basis point interest rate cut on Thursday 26 September 2024, to 1.00% as was widely expected. This marks the third consecutive interest rate cut by the central bank, which also indicated that further cuts may be necessary in the coming quarters to…

  • The Swiss National Bank made its third rate cut, heading towards the end of cutting cycle?

    The Swiss National Bank, which started the global trend of monetary easing in March, made its third rate cut on Thursday, cutting the rate by 25 basis points to 1%. Switzerland has largely avoided the spike in inflation seen in much of the developed world, with consumer prices rising just…