Fed: Likely to peak at 5.00%, not expected to pivot before 2024 – Rabobank
The key event next week will be the FOMC meeting. As most analysts, at Rabobank,
CHF: Room for Swiss franc strength to extend further in near-term – MUFG
Analysts at MUFG Bank, point out that hard landing fears and a hawkish Swiss National
China’s NBS: Foundation of economic recoveries is still not solid
Following the release of the August activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
UK Retail Sales drop 1.6% MoM in August vs. -0.5% expected
The UK Retail Sales came in at 1.6% MoM in August, a big miss. Core
New Zealand avoids a technical recession – UOB
Economist at UOB Group Lee Sue Ann reviews the latest GDP figures in New Zealand.
US: UOM Consumer Confidence Index improves to 59.5 in September vs. 60 expected
Consumer confidence in the US improved modestly in September. UoM's long-run inflation outlook edged lower
GBP/USD: Further downside pressure on cable towards 1.08 – Rabobank
Analysts at Rabobank continue to expect US dollar strength will persist into next year. They
GBP/USD recovers some ground after hitting 1985’s lows, ahead of next week’s BoE/Fed decisions
GBP/USD is set to finish the week with more than 1.50% losses, ahead of BoE’s
USD/JPY Price Analysis: Dives below 143.00, trimming Thursday’s gains
USD/JPY is set to finish the week with gains of 0.25%. From a daily chart
USD/CAD Price Analysis: Reaches a nearly two-year high above 1.3300 as buyers eye 1.3400
The Loonie would finish the week with losses above 2%. A dismal sentiment weighed on