USD/CHF Subdued as the SNB Sticks to Small Rate Cuts
The pair remains under pressure as the third straight 0.25% move is no match for the Fed’s jumbo cut and aggressive easing path
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The pair remains under pressure as the third straight 0.25% move is no match for the Fed’s jumbo cut and aggressive easing path
Copper gets a double boost, since after the Fed’s jumbo cut, its Chinese counterpart announced a series of stimulus measures, including support for the ailing property sector
The Chinese central bank announced a series of measures to support the economy and stock markets, sending HKG33 to one of its best days of the year
The Australian central bank kept rates again at their 12-year highs and ruled out joining major peers in cutting them any time soon
The recovered from its 14-month lows after the Fed and BoJ policy decisions, but the policy differential remains unfavorable
Unlike the last decision that had caused the stock market to plunge, today's cautious pause by the Japanese central bank, saw muted JPN225 reaction and weekly gains
The commodity managed to rebound from its 16-month low on market bets for aggressive Fed easing, but pricing seems stretched, while demand fears don’t to go away
The pair runs its third losing month on unfavorable policy dynamics and starts the week with news lows as expectations for an outsized Fed pivot mount
The ECB slashed rates for second time but did not hint at any acceleration of its easing and the pair rose as markets expect aggressive cuts from its US counterpart
Tech optimism returned after Nvidia CEO offered upbeat AI message, helping NAS100 looks past upside surprise in core CPI
After July’s plunge, natural gas priced have posted a moderate rebound, but they struggle ahead of key resistance
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