Rate cuts by year-end
Fed: 55 bps (90% probability of rate cut at the upcoming meeting) ECB: 7 bps (99% probability of no change at the upcoming meeting) BoE: 8 bps (99% probability of no change at the upcoming meeting) BoC: 27 bps (53% probability of no change at the upcoming meeting) RBA: 31 bps (83% probability of no change at the upcoming meeting)RBNZ: 38 bps (83% probability of rate cut at the upcoming meeting) SNB: 5 bps (90% probability of no change at the upcoming meeting)Rate hikes by year-end
We've seen some slightly hawkish repricing for the ECB and the BoE, and a bit more dovish repricing for the BoC due to the weak Canadian GDP report on Friday.
The focus this week will be of course on the US labour market data with the ADP on Thursday and NFP on Friday being the biggest risk events. Interest rates expectations will be greatly influenced by those reports.
This article was written by Giuseppe Dellamotta at investinglive.com.Hence then, the article about what are the interest rates expectations ahead of the key us data this week was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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