What are the rates of interest expectations for G8FX?

Price cuts by year-end

• Fed: 83 bps (80% chance of no change on the upcoming assembly)
• ECB: 80 bps (99% chance of fee reduce on the upcoming assembly)
• BoE: 78 bps (90% chance of fee reduce on the upcoming assembly)
• BoC: 44 bps (60% chance of no change on the upcoming assembly)
• RBA: 120 bps (73% chance of 25 bps fee reduce on the upcoming assembly)
• RBNZ: 77 bps (98% chance of fee reduce on the upcoming assembly)
• SNB: 24 bps (78% chance of fee reduce on the upcoming assembly)

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

Price hikes by year-end

• BoJ: 15 bps (99% chance of no change on the upcoming assembly

As you’ll be able to see, the expectations have not modified a lot since yesterday’s replace. The markets are at present consolidating awaiting new info on the tariffs entrance.

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



Source link