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Week ahead: ECB rates, UK budget and non-farm payrolls

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Contenuto fornito da IG Group. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da IG Group o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

There is unlikely to be any move in rates from either the Bank of Canada (BoC) or the European Central Bank (ECB) but the interesting angle will be the commentary. Will both signal their intention to cut rates? Two-thirds of economists polled by Reuters recently suggest that the ECB will begin cutting rates in June. The BoC has its benchmark rate at 7.2%, one of the highest in developed economies and mortgage holders are crying out in pain so the BoC may also indicate its willingness to start to loosen monetary policy. The UK government’s budget is delivered on Wednesday with all the usual suspects likely to move including housebuilders, pub companies and the pound. Then US jobs in the week include ADP private payrolls on Wednesday and on Friday the US Department of Labor publishes non-farm payrolls for February. Amongst the bigger corporates to wait on earnings include L&G Reach, Greggs Target and Broadcom.

Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.

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309 episodi

Artwork
iconCondividi
 
Manage episode 404399862 series 2642132
Contenuto fornito da IG Group. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da IG Group o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

There is unlikely to be any move in rates from either the Bank of Canada (BoC) or the European Central Bank (ECB) but the interesting angle will be the commentary. Will both signal their intention to cut rates? Two-thirds of economists polled by Reuters recently suggest that the ECB will begin cutting rates in June. The BoC has its benchmark rate at 7.2%, one of the highest in developed economies and mortgage holders are crying out in pain so the BoC may also indicate its willingness to start to loosen monetary policy. The UK government’s budget is delivered on Wednesday with all the usual suspects likely to move including housebuilders, pub companies and the pound. Then US jobs in the week include ADP private payrolls on Wednesday and on Friday the US Department of Labor publishes non-farm payrolls for February. Amongst the bigger corporates to wait on earnings include L&G Reach, Greggs Target and Broadcom.

Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.

Follow us on Twitter, Instagram, and YouTube

  continue reading

309 episodi

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