In focus today In Denmark, October inflation data is due, with energy and food prices expected to drive up inflation to 1.7% y/y from 1.3% y/y in September. Similarly, Norway’s October inflation figures are released today. We forecast core inflation to have eased to 2.6% y/y, with a slight risk to the upside. We do […]
Markets The ECB and the Bank of England yesterday as expected left their policy rates unchanged at respectively 4% and 5.25%. Contrary to the Fed they didn’t ratify aggressive rate cut bets yet. In its new staff projections, the ECB downwardly revised its path inflation for this year (5.4% from 5.6%) and next year (2.7% […]
The post After Recent Sharp Decline in Yields, Market Dynamics Might Gradually Change a Bit appeared first on Action Forex.
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