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Interest Rates

BOJ Expected to Keep Rates Steady

The Bank of Japan (BOJ) is set to maintain its ultra-low interest rate policy at its upcoming meeting on October 30-31, but may signal a less dovish stance, reports Reuters. This shift could be driven by receding fears of a US recession and the need to prevent further yen depreciation.

UBS: US Dollar Strength a Selling Opportunity, Weakness Set to Return

Despite the US dollar's recent surge to a two-month high, UBS remains steadfast in its view that the currency is headed for a downturn. In a note published Wednesday, the Chief Investment Office of the Swiss bank suggests investors to capitalize on current strength to reduce exposure. The

ECB Policymakers Shift Focus to Inflation Undershoot Risk

In a noticeable shift in tone, European Central Bank (ECB) policymakers are increasingly expressing concern over the risk of inflation falling below their 2% target, reports Reuters. This comes after years of grappling with excessively high inflation. While eurozone inflation dipped to 1.7% last month and is projected to

Private Credit in Australia Booms as Interest Rates Rise, Banks Retreat

Australia's burgeoning private credit market is experiencing a surge of interest from institutional investors seeking higher returns amidst rising interest rates and a cautious banking sector, reports Bloomberg. This trend is driven by the attractive yields offered by private credit funds, which have become a compelling alternative to

Fed Walks Tightrope Between Growth and Inflation

The Federal Reserve finds itself at the crossroads of satisfying Wall Street's desires and adhering to its dual mandate of maximum employment and 2% inflation. Recent developments and statements from Fed officials have highlighted the complexities of this balance. The September Rate Cut and Its Aftermath In September,

Japan's Central Bank Can Raise Rates, But Will Proceed Cautiously, Says Dovish Policymaker

Fears of a rapid tightening of monetary policy in Japan are receding, as a dovish member of the Bank of Japan (BOJ) board, Asahi Noguchi, reiterated on Thursday that future rate hikes would be slow and cautious. As reported by Reuters, Noguchi said the BOJ has room to raise interest

Norway's Central Bank Holds Firm on Interest Rates While Europe Eases

While central banks across Europe are beginning to ease their aggressive monetary policies to combat inflation, Norway's central bank, Norges Bank, has opted to keep rates high, according to a note published by Morningstar yesterday. High Inflation and Strong Economy Prevent Cuts Norges Bank is expected to maintain

Initial Jobless Claims and ISM Services PMI Signal Cooling Labor Market, Boosting Fed’s Rate Cut Confidence

New initial jobless claims and ISM Services PMI data released Thursday offer investors fresh insights into the economy, as reported by Yahoo Finance. This week’s flurry of economic indicators, leading up to Friday’s jobs report, has sparked questions about the Federal Reserve’s monetary policy direction. PGIM Fixed

Equities Finish Lower as Jobs Report Looms, Middle East Tensions Simmer

U.S. stocks ended Thursday's trading session in the red, with the Dow Jones Industrial Average falling 0.44%, the S&P 500 dipping 0.17% and the Nasdaq Composite edging down 0.04%. The cautious sentiment ahead of Friday's highly anticipated monthly U.S.

Markets Teeter on Edge as Middle East Tensions Surge, Jobs Data Looms

The markets are on edge as the escalating conflict in the Middle East casts a shadow over upcoming US economic data releases. While Wednesday saw a modest rebound in US equities following Tuesday's sell-off, heightened geopolitical uncertainty continues to fuel market volatility. Equities: A Cautious Recovery The S&