It's a busy week for central bank monetary policies with the BoJ, FED, BoE and SNB all due this week.
Current probabilities are as follows:
Federal Reserve - 98.8% Hold @ 4.5%
Bank of England - 88.3% Hold @ 4.25%
Swiss National Bank - 100% Cut from 0.25% to 0.00%
The FED will also be realising their economic projections and forward guidance including the updated dot plot, so market attention will be drawn towards this and accompanying press conference.
As always, the BoE will be releasing their MPC votes so focus will shift towards these and comments made in policy summary.
Both the FED and BoE may struggle to make a more dovish tilt with sticky inflation and uncertainty around geopolitical tensions and tariff negations.
If any comments come for a more hawkish stance such as a higher revision for inflation or reduction in future rate cuts will promote and stronger USD and pairs such as USDCAD or USDCHF (whilst keeping safe haven plays in mind) could provide some good moves.
Any surprise dovish comments likely hold a bigger potential for stronger initial moves in USD weakness. For this potential US equity upside such as the S&P or NASDAQ could provide good opportunity.
Current probabilities are as follows:
Federal Reserve - 98.8% Hold @ 4.5%
Bank of England - 88.3% Hold @ 4.25%
Swiss National Bank - 100% Cut from 0.25% to 0.00%
The FED will also be realising their economic projections and forward guidance including the updated dot plot, so market attention will be drawn towards this and accompanying press conference.
As always, the BoE will be releasing their MPC votes so focus will shift towards these and comments made in policy summary.
Both the FED and BoE may struggle to make a more dovish tilt with sticky inflation and uncertainty around geopolitical tensions and tariff negations.
If any comments come for a more hawkish stance such as a higher revision for inflation or reduction in future rate cuts will promote and stronger USD and pairs such as USDCAD or USDCHF (whilst keeping safe haven plays in mind) could provide some good moves.
Any surprise dovish comments likely hold a bigger potential for stronger initial moves in USD weakness. For this potential US equity upside such as the S&P or NASDAQ could provide good opportunity.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.