Analysis

TradingKey - The European Central Bank (ECB) has cut rates by 25 bps, as anticipated. The market expects an additional 36 bps of cuts from the ECB this year, while the Fed is projected to lower rates by 100 bps. This raises the question: Is the euro more resilient than the dollar?

TradingKey- UBS CEO Sergio Ermotti has urged the European Central Bank (ECB) to adopt a cautious approach and suggested that a "moderate" rate cut would be appropriate.

North American suppliers report strong rise in excess capacity and the softest demand in eight months, with flagging factory conditions in the U.S. Asian suppliers, who experienc

TradingKey -  On Tuesday night, the U.S. presidential debate took place, during which Trump and Harris discussed tariffs, immigration, abortion rights, and the Gaza conflict.

Investing.com-- The Chinese government is likely to roll out more, albeit incremental stimulus measures in the coming months, Citi analysts said in a note, especially amid signs that economic support from exports may have peaked. 

TradingKey - As inflation eases and signs of recession appear, the market widely expects the European Central Bank (ECB) to make its second rate cut of 2024 at the September meeting.

TradingKey - Since Vice President Kamala Harris took over from Biden in the 2024 U.S. presidential election, the political landscape has shifted dramatically.

The Federal Reserve is likely to keep the 50 basis point rate cut option in its back pocket as the pace of the economic slowdown is screaming out for a rescue with big rate cuts, according to analysts at Capital Economics.

TradingKey - This week, investors will focus on the U.S. August CPI. Following last week's disappointing non-farm payroll report, a continued decline in CPI could pave the way for a Fed rate cut in September.

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Monday that the “monetary policy should be considered, judged by the Bank of Japan (BoJ)” when asked about market expectations of further rate hikes by the BoJ.

As 2025 approaches, Capital Economics analysts said in a note this week that they expect a modest recovery for most major global economies following a challenging second half of 2024.

US Nonfarm Payrolls are forecast to rise 160K in August after gaining merely by 114K in July.

Investing.com -- A prospect of a larger 50 basis point rate cut at the Federal Reserve's meeting later this month was given a big boost on Wednesday, Citi said, as the bigger-than-expected drop in job openings showed the labor market is at risk of a sharper weakening.

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Investing.com -- China's economic growth is unlikely to show any sign of revival anytime soon, BofA suggests as it downgraded its growth outlook on the world's second-largest economy, on worries Beijing isn't willing to step up monetary policy easing. 

Citi's commodity strategists highlighted the significant role of Iron ore fines 62% Fe CFR Futures in the Australian economy, emphasizing its contribution to profits and government revenues.

Friday’s August employment report will be the main focus in the holiday-shortened week ahead as markets prepare for the Federal Reserve to begin cutting rates later this month.

Investing.com-- Australian retail sales were unexpectedly flat in July as consumer spending cooled amid persistent pressure from sticky inflation and high interest rates, although a robust job market still kept sales relatively stable. 

TradingKey - Polling data from 270toWin shows Harris slightly leading Trump in popular support. However, the Republican Party retains a significant advantage in Electoral College votes, making swing states critical for the election outcome.

The current uncertainty around a softer labor market calls for faster rate cuts by the Federal Reserve, JPMorgan (NYSE:JPM) economists said in a note Tuesd