Will Fed heed the easing calls?
|Market movers ahead
-
We expect the Fed to make a dovish policy shift at the upcoming meeting.
-
June PMI figures on both sides of the Atlantic will give more clues on whether the cyclical downturn continues.
-
In Europe, a range of important decisions loom at the EU summit and markets will keep a close watch on monetary policy hints from the ECB's Sintra Forum.
-
The UK Conservative Party leadership contest continues, while the Bank of England meeting should not bring much news.
-
We expect the Bank of Japan to keep its assessment of the economy at its meeting.
-
We expect Norges Bank to raise its policy rate by 25bp to 1.25%.
Weekly wrap-up
-
Calls for central bank easing are getting louder both in the US and Europe.
-
We published our updated global view in The Big Picture.
-
ECB credibility continues to be challenged with euro area (market-based) inflation expectations nose-diving.
-
Trade conflicts and geopolitical risks continue to weigh on risk sentiment.
Download The Full Weekly Focus
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.