Tag Archives: Policy
policy
Wunsch Warns ECB Must Act as Inflation Persists, Markets Price Further Rate Rises
Pierre Wunsch warns ECB must act as inflation begins; euro steady while EUR/USD dips amid strong dollar.
South Africa’s April CPI jump puts SARB cuts off table, bolsters rand appeal
South Africa’s CPI rose 1.1% in April, up from 0.6% in March, signalling faster price increases.
South Africa inflation edges above forecast, curbing SARB rate-cut expectations and lending support to rand
South Africa’s CPI inflation rose to 4% in April, slightly above forecasts, indicating higher-than-expected price growth.
ECB’s Moulin urges patience on June decision as inflation risks persist and euro steady
ECB’s Moulin says June policy changes premature; urges vigilance on inflation as euro slips, ECB tools explained.
Philadelphia Fed’s Paulson favours steady rates, flags elevated inflation risks and potential hikes
Paulson favors holding rates; cuts require sustained inflation progress, stable jobs. Hikes possible if growth strengthens.
USD/CHF eyes 0.7900 as bullish engulfing emerges; policy divergence lifts franc and options demand
USD/CHF surged 0.58%, reclaiming 50-day SMA; bulls target 0.7900, 200-day, 0.8000 as RSI strengthens.
US Treasury yields climb as oil-led inflation fears lift term premia and challenge Fed cut outlook
Treasury yields surged as oil-driven inflation fears and deficit worries lift term premiums, delaying Fed cut expectations.
China aluminium output hits record as inventories swell, boosting downside risks for prices
China’s aluminium output hits records, yet weak demand swells inventories; supply growth outpaces consumption despite higher exports.
US Pending Home Sales Return to Growth as Lower Mortgage Rates Lift Housing Demand
US pending home sales increased 3.2% year-on-year in April, reversing March’s decline as signed contracts rose.
Canada CPI undershoots forecast, fuelling June Bank of Canada rate-cut bets and weighing loonie
Canada’s Consumer Price Index rose 0.4% in April, missing forecasts of 0.6% and signalling slower inflation.
