The Bank of Japan (BoJ) will hold its Monetary Policy Committee (MPC) on Tuesday, January 23 and as we get closer to the Interest Rate Decision, here are the expectations forecast by the economists and researchers of eight major banks.
Blogs
Bank of England could cut bank rate to 5.00% in Q2 2024 – Reuters Poll
All 70 economists participated in a recently conducted Reuters poll said that they expect the Bank of England (BoE) to hold the policy rate unchanged at 5.25% at the February 1 policy meeting.
USD/CAD to enjoy further upside – Rabobank
The Canadian Dollar (CAD) sat in the middle of the pack when it came to performance last year.
USD/JPY to steadily decline towards 135.00 on a 12M horizon– Danske Bank
The recent rally in the Japanese Yen has reversed with USD/JPY trading nearly four figures higher than at year-end.
EUR/USD slightly dips below 1.0900 ahead of ECB’s decision
The Euro (EUR) registers minuscule losses against the US Dollar (USD) early in the North American session as risk appetite improved and traders brace for the European Central Bank (ECB) monetary policy decision on Thursday.
ECB to continue presenting a relatively hawkish message, helping to support the EUR – MUFG
The Euro (EUR) has been the third best performing G10 currency so far this year.
Silver Price Forecast: XAG/USD plunges to near $22 as Fed rate-cut optimism fades
Silver price (XAG/USD) nosedived to near $22.00 on Monday, more than 2.5% down from its previous close.
Brent Crude Oil Prices Inch Upwards Amid Demand Speculations
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New Zealand Dollar Eyes Services PSI
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Goldman Sachs says global hedge funds are piling into U.S. technology stocks
<p>Goldman Sachs not really breaking any surprisng news with this. In summaryL</p><ul><li>Global hedge funds having a notable shift in sentiment towards U.S. technology stocks</li><li>They are actively accumulating positions in the sector at the most rapid pace in two months</li><li>Renewed optimism o