What are the rates of interest expectations for G8FX?

Fee cuts by year-end

• Fed: 81 bps (76% chance of no change on the upcoming assembly)
• ECB: 76 bps (99% chance of price minimize on the upcoming assembly)
• BoE: 75 bps (93% chance of price minimize on the upcoming assembly)
• BoC: 40 bps (58% chance of no change on the upcoming assembly)
• RBA: 118 bps (76% chance of 25 bps price minimize on the upcoming assembly)
• RBNZ: 77 bps (97% chance of price minimize on the upcoming assembly)
• SNB: 25 bps (74% chance of price minimize on the upcoming assembly)

* for the RBA, the remainder of the chance is for a 50 bps minimize.

Fee hikes by year-end

• BoJ: 10 bps (99% chance of no change on the upcoming assembly)

Since Friday’s replace, we will see that merchants are getting much less aggressive on price cuts because the inventory markets proceed to get well and hopes for de-escalation carry on rising.

This text was written by Giuseppe Dellamotta at www.ubaidahsan.com.



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