Fed Rate Decision and ECB Rate Decision
Five central banks report in three days, with the Federal Reserve and European Central Bank landing within hours of each other on Thursday.
Five central banks report in three days, with the Federal Reserve and European Central Bank landing within hours of each other on Thursday.
September US CPI lands on Wednesday 14 October at 8:30pm GMT+8 with the 10-year yield near a 24-year high, EUR/USD at a 17-month low, gold rebounding from 4,066 and Brent above $100. This preview sets out the consensus, the hot, in-line and soft scenarios for the October Fed meeting, how to read the direction each market is already in, and the levels to watch on EUR/USD, gold, US500 and WTI before CPI, PPI, retail sales and the first bank earnings.
The RBA opens the week with its rate decision, Australian and US inflation data follow midweek, and US Non Farm Payrolls closes it out, all in play for forex, gold and oil.