25+ min ago   (468+ words) Nomura’s Euro area team expects the European Central Bank to raise rates by 25 basis points to 2.50% at the 10 September meeting, citing higher HICP inflation and resilient growth. They highlight hawkish comments from ECB officials and note that Brent and Dutch…...

1+ hour, 13+ min ago   (425+ words) Rabobank’s Senior Macro Strategist Bas van Geffen notes that central bankers and market participants are focused on Jackson Hole, where FOMC Chair Warsh will give the keynote. Report highlights his aversion to forward guidance and suggests he may avoid clear…...

1+ hour, 43+ min ago   (502+ words) MUFG’s Derek Halpenny and Abdul-Ahad Lockhart argue that Jackson Hole only becomes a significant FX event for the Dollar when the Federal Reserve Chair delivers a clear policy surprise or commits to future action. They outline three scenarios for Chair…...

3+ hour, 35+ min ago   (1282+ words) US investors will watch on Friday a labor market report that is far less familiar than the monthly jobs release but has gained considerable importance following the spectacular revisions of recent years. The Bureau of Labor Statistics (BLS) will publish…...

3+ hour, 39+ min ago   (532+ words) MUFG highlights that rising European natural gas prices are reviving inflation risks, which could push the Bank of England toward another rate hike and underpin the Pound. While crude Oil remains contained, UK natural gas futures have surged, and the…...

3+ hour, 58+ min ago   (456+ words) ING’s Chris Turner notes a quiet, risk-positive week for global markets, with low volatility and mixed G10 FX, as the Dollar debasement theme fails to extend. Markets expect little on monetary policy from Fed Chair Kevin Warsh at Jackson Hole, and…...

4+ hour, 9+ min ago   (434+ words) Rabobank Senior Macro Strategist Bas van Geffen says the US-Iran stalemate and disruption in the Strait of Hormuz are keeping oil-driven inflation risks elevated. Inventories have cushioned reduced flows so far, but prolonged tensions could erode that buffer, while Venezuelan…...

4+ hour, 50+ min ago   (470+ words) Here is what you need to know on Friday, August 28: The trading action among major currency pairs remain choppy on Friday as investors gear up for Federal Reserve (Fed) Chairman Kevin Warsh's speech at the Jackson Hole Symposium and the…...

4+ hour, 57+ min ago   (455+ words) Commerzbank’s Volkmar Baur notes the US Dollar has stabilized after last week’s setback, with Kevin Warsh’s Jackson Hole speech seen as the next key test. Baur expects little in terms of forward guidance on a September rate hike but highlights…...

5+ hour, 7+ min ago   (445+ words) The Euro (EUR) nurses moderate losses against the British Pound (GBP), with price action contained within the previous day's range and market volatility muted, as investors brace for Federal Reserve Chairman Kevin Warsh’s speech at Jackson Hole. The EUR/GBP…...