There were large moves across global markets as US CPI came in below consensus expectations, suggesting the US Fed hiking cycle is complete and the next move will be a cut in 2024. Equity markets made strong gains while UST yields fell
Bank Rate Maintained At 5 25% - November 2023 - Bank of England s Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.
Global bonds markets under pressure with US treasuries making fresh multi-year highs ahead of a widely anticipated speech by Fed Chair Powell. Oil prices higher. The Chinese economy expanded 4.9% in Q3, faster than expected
New Zealand consumer prices rose 1.8% in the September quarter which saw the annual inflation rate dropping back to 5.6%, down from 6.0% in the year to June. Today's result was below our forecast, and much lower than the RBNZ expected in the August Monetary Policy Statement.