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The Bank Of Korea (BoK) Will Continue To Hint At Further Fightening
Conditions In Central And Eastern Europe Are Deteriorating And FX Market Is Heading Into The Fed Meeting
ING Economics presents four possible variants of Bank of England decision and their possible consequences for i.a. GBP/USD
In Poland flash estimation of inflation almost hit 18%
Eurozone's GDP growth hits 0.2%, inflation exceeds 10.5%!
The Currency Markets This Week Will Be Dominated By Fed Decisions
Italian Gross Domestic Product growth came at 0.5%. Q4 could be worse, ING expects
Japanese industrial production plunged 1.6%! ING expects Q3 GDP (Q/Q) rise will decrease to 0.5%
Wheat prices went up. "Risky assets" are ahead of Fed decision and NFP release
Asia: Korean industrial production decreases by 1.8%
Soft commodities - corn and wheat up. Crude oil prices may end October above-the-line after very long time
Chinese manufacturing PMI decreased by 0.9, hitting 49.2. Non-manufacturing PMI went down as well
In the previous week both S&P 500 and Nasdaq gained over 2%
Whether President Biden Stands Again And Whether Former President Trump Will Seek The Nomination To Run
The US Dollar (USD) May Meet Strong Demand Into Any Weakness
The Fed Would Follow Other Central Banks And Rein In Their Aggressiveness
The New Czech National Bank (CNB) Leadership Meeting Ahead | Inflation In Poland And In Turkey Continued Trending Upward
Inflation In Indonesia And The Philippines Will Likely Heat Up Further
Central Banks (Fed, BoE) Will Decide To Continue To Tightening The Monetary Policy
ING expects that Bank of England will hike the interest rate by 50bp
Taiwanese GDP rose 4.1% in Q3 (YoY). ING Economics correct their predictions for 2022 and 2023
Among others, lower energy prices made Spanish inflation go down by over 1.5%!
Although German economy sends a positive signal by posting a 0.3% GDP growth, it's not the end of recession fears...
Inflation in France increased to 6.2%. ING points to "fuel shortages" and food prices
"We would expect a widening of the 3m Euribor-Estr basis from -2bp currently to above 10bp"
Bank of Japan modifies its inflation prediction. They expect in FY23 inflation will reach 1.6%
Eurozone: Spanish Gross Domestic Product jumped much less than in August
The Peak Of German Inflation Will Probably Come At The Turn Of The Year
French Gross Domestic Product went up slightly. ING points to "strong business investment following the easing of supply chain tensions"
Energy Prices Fueled The Rise In Inflation In Italy
"The ECB was also not unanimous on the size of yesterday’s hike"
ING Economics expects the interest rate of Czech National Bank won't be changed
Today in the USA, 3Q22 Employment Cost Index is released, which is important for Fed and as a consequence for US dollar
Headline Tokyo CPI increased by 0.7%, Nasdaq lost 1.63%
"The European Central Bank (ECB) announced changes to the terms of the targeted longer-term refinancing operations (TLTRO)-III programme"
ING Economics expect that European Central Bank may end hiking in February 2023
The US GDP grows 2.6% in Q3. 75bp rate hike next may not be the final one
European Central Bank delivered a 75bp rate hike
In Europe weather conditions play in favour of filling up the inventories, but 2023 may be a greater challenge
ING Economics expects GDP of Italy will plunge 0.5% in Q4, but stay positive at 3.4% considering 2022 as a whole
"Today's decision should reflect a desire to further normalise policy and unwind stimulus in light of unbudging inflation"
In the European Union share of energy in food producers' costs rose dramatically
According to ING, unemployment rate in Spain, which amounted to 12.7% in Q3, may crawl over 14% in 3Q2024
ECB is expected to hike by 75bp. USD is not that powerful at the moment, and it seems that a less hawkish move may be on the cards
Weaker US dollar helped commodities. Crude oil exports data may have supported price of black gold
Asia: South Korean Q3 GDP rose by 0.3%. ING expects a recession at the beginning of 2023
Yesterday S&P 500 decreased by less than a percent, NASDAQ lost more as Meta's (FB) earnings disappoint
New Italian government led by Giorgia Meloni is officially in charge now
No Repayment Of TLTRO Loans, The ECB Is Facing A Difficult Task
Natural Gas Prices In West Texas Moved Into Negative Territory | Global Steel Output Rose
South Korean won and Singapore dollar went up yesterday. S&P 500 and Nasdaq increased by 1.63% and 2.25% respectively
In Australia inflation hit 7.3%. ING Economics says it "adds pressure on the RBA".
US dollar putting its foot off the gas for a while can be considered as correction. Canadian dollar may be helped by a 75bp rate hike today
How is hydrogen produced? Where the production could be the cheapest? Hydrogen market - what does it entail?
National Bank of Hungary didn't change a thing. Interest rate kept at 13%
For German economy, the war between Russia and Ukraine means more than we could imagine
US 20-City house prices decreased by 1.3% month-on-month
Sunak is going to start his reign as PM today, but for UK financial markets coming Friday is crucial as well
UK gilts decreased, Standard&Poor 500 went up. Singapore CPI inflation is released today
Possible variants for European Central Bank and Eurodollar
In Hungary real wage growth (Y/Y) reached 0.9%, ING Economics says it may plunge below-the-line in 2023
Poland - delayed money inflows from the EU may affect Polish zloty (PLN)
Xi Jinping can have a greater input to the Chinese economics. ING Economics expects Covid restrictions may be less harmful
Eurozone PMI hits 47.1, one point less than the consensus | ING Economics expects two hikes of 50 and 75bp this year
According to ING Economics, Chinese GDP rose by 3.9% thanks to i.a. the changes in Covid policy
US Dollar affected by Bank's of Japan intervention and rumours about possible rate hiking slowdown. ING Economics don't see incoming ECB decision as a big one for EUR/USD
The Depreciation Of The Japanese Yen Will Not Cause Any Changes In The Policy Of The Bank Of Japan
The Presidential Election In The US In 2024, Will Joe Biden Be Run For It
The week ahead looks promising. ECB Decides on interest rate, ING Economics expects a 75bp rate hike
Next week National Bank of Hungary decides on interest rate, which ING Economics believe to be unchanged
In Poland retail sales increased by over 4%. Gross Domestic Product to grow more than 3%, ING Economics expects
Poland - contstruction output went up modestly, much less than the consensus
According to ING Economics, National Bank of Hungary may keep the 13% high base rate
Eurozone consumer confidence and Fed members speeches are crucial events today
UK: According to ING Economics British Pound to USD may reach 1.05 in the remainder of the year. EUR/GBP expected to trade near 0.90
US Dollar Index - ING Economics keeps their forecast. According to them DXY may near 114/115
Standard & Poor 500 Declined By Almost 1%, Nasdaq Went Down By Over 0.5%
In Poland, From The Beginning Of 2023, There Will Be A Very Generous Increase In The Minimum Wage
Further Tightening Is Highly Uncertain And May Be Rather Triggered By Polish Zloty (PLN) Weakness
Yesterday, Joe Biden officially announced, that 15MMbbls of crude oil will be released from SPR
Indonesian Rupiah (IDR): Bank Indonesia Hikes The Rate To 4.75%
Federal Reserve's Beige Book Delivers Some Positive News About The US Economy, But...
USD/JPY Is Near Jumping Over 150.00. According To ING Economics, EUR/USD May Be Trading At 0.92 By The End Of 2022
ECB Is Said To Hike The Rate By 75bp Next Week, But The Decision Isn't Everything
US Indices - S&P 500 And Nasdaq Declined 0.67% And 0.85% Respectively. USD Supported
It's Unbelievable That Eurozone Inflation Is That Close To The Level Of 10%
UK Inflation Rate: The UK CPI Came At 10.1%, Input PPI Hit 20%, Almost A Percent Less Than In August
Metals: Biden Administration May Ban Russian Aluminium, So Does LME
"Money market spreads are prime candidates for widening when the ECB tightens policy"
The USA May Release 15MMbbls Of Crude Oil And Is Expected To Refill The Reserves When The WTI Reaches Ca. $67-72/bbl
Bank Of England May Hike The Rate By 75bp As The Energy Price Cap Can Lead To Higher Inflation And Longer Recession
The Peak Of The UK Inflation May Come In October, Says ING Economics
Bank Of England Is Facing A Difficult Decision |UK Government Energy Price Guarantee Will Change From Next April
Japan's Total Crude Steel Production Will Decline And India's Sugar Production Will Increase
Mexican Peso (MXN) Positions May Fall Further | The GBP/USD Pair Is Struggling To Gain Confidence In The Market
The 20th Party Congress Is More Important For China Than Publishing Data
The New UK Chancellor Jeremy Hunt Has A Lot Of Options To Choose
ING Economics Think Inflation Is Already There In The Eurozone. Q3 GDP May Decline By 0.2%
Inflation Stabilized In Japan | Another Decision Of The Bank Of Indonesia About Interest Rates Is Ahead
The Turkish Central Bank Will Not Make A Move This Month | The Structure Of Retail Sales In Poland Will Not Change Significantly