Tag Archives: Weekly Highlight Event
Fed’s Dovish Surprise: Will PCE Amplify Further Next Week?
Tuesday, 26 March 2024, 14:30 – U.S Durable Goods Orders (MoM) (Feb) In January, the U.S durable goods orders have fell 6.1% vs -4.5% expected, marking the largest decrease in nearly four years, while business investment in equipment appeared to have eased, indicating a decrease in economic momentum at the beginning of the year. Nevertheless,Continue Reading
Central Banks’ Rate Decision: The Week to Watch.
Tuesday, 19 March 2024, 05:30 – RBA Interest Rate Decision (Mar) The RBA maintained the cash rate steady at 4.35% during its February meeting as widely expected by analysts. Reserve Bank governor Michele Bullock previously indicates her skepticism regarding the sustainability of inflation returning to the target level. Hence, the market expects the cash rateContinue Reading
Powell Promises Rate Cut, Will Next Week CPI Report Impact?
Tuesday, 12 March 2024, 14:30 – U.S CPI (YoY) (Feb) In January, the annual rate of inflation dropped less than expected to 3.1% from 3.4% in December. Numerous economists and Federal Reserve officials have cautioned that the final push to bring inflation back to the bank target of 2% would be a challenge. While FedContinue Reading
