US Open – 19 September 2023 (Video)
Watch today’s US Open for insights on the upcoming pivotal policy decisions by the central banks of the US and the UK, the rise in oil prices and more
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Watch today’s US Open for insights on the upcoming pivotal policy decisions by the central banks of the US and the UK, the rise in oil prices and more
Watch today’s US Open for insights on the dovish hike by the European Central Bank, the hottest IPO of the year by chip designer Arm and more
Sino-Western relations have deteriorated this year and the tech industry is front and center, but now the EV industry emerges as the next area of contention, as the EU announced an anti-subsidy probe
Watch today’s US Open for insights on the hawkish remarks by the Bank of Japan governor, the hot UK employment report and more
USD/JPY dropped and the 10-year bond yield rose after Bank of Japan Governor Ueda pointed towards an eventual exit form negative interest rates
The central banks of Europe, the US and the UK, all announce their latest decisions this month amidst uncertain outlook as they contemplate the impact of their massive tightening
Watch today’s US Open for insights on BoE governor Bailey dovish testimony, Bank of Canada rate hold after two straight hikes and Wall Street’s negative reaction to strong economic data
Watch today’s US Open for insights on the rate hold by the Australian central bank, demand for USD amidst cautious market sentiment and oil cuts extension by Saudi Arabia and Russia
The Reserve Bank of Australia kept rates unchanged for third straight meeting and last under current Governor Lowe, but once again did not shut the door on further tightening
Watch today’s US Open for insights on the US data dump, another poor PMI from China and continued fears around the property market and more
Core PCE printed at 4.2% y/y, up from the last release of 4.1% y/y, and headline inflation was higher at 3.3% y/y (compared with the previous 3% y/y). The upticks were due to base effects. Although regarded as volatile, the monthly figures for core and headline PCE were flat, and in line with projections at 0.2% m/m. This is annualised to 2.43%.
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