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It's FOMC day, and the Fed is widely expected to cut rates by 25bp. There are many moving parts to today's meeting, but let's go through a few of them. First at 20CET, we'll get the FOMC statement and an update of the Summary of Economic Projections (SEP), which includes the Dot Plots on median expe

French stocks up despite downgrade while AstraZeneca decline drives FTSE weakness. Poor Chinese data fails to stifle Hang Seng sentiment. Nvidia declines as markets look towards likely Fed rate cut. European equities pushed higher at the start of the week, led by financials, with the CAC 40 up 1.25%

The Russian central bank (CBR) meets today for its rate decision: the consensus had originally been split between a 100bp and a 200bp rate cut scenario – but, with more economic weakness and softening of inflation reported, more views have shifted towards the 200bp (down to 16%) option and bets have

Reports that U.S. President Donald Trump asked the European Union to slap tariffs of up to 100% on China and India for their Russian oil purchases has raised eyebrows on both sides of the Atlantic, with Europe seen as unlikely to acquiesce to the White House's request. Trump made the proposal — firs

The Chinese offshore currency (CNH) is trading in relative stability on Tuesday, with the USD/CNH exchange rate at 7.1134, down less than 0.1% on the session, as markets turn their focus towards China's inflation figures for August, which will be published early on Wednesday (01:30 GMT). China's Con

ECB holds rates at 2.15%, signaling a “higher for longer” bias as inflation steadies above target.Fed rate cut odds surge, with markets pricing nearly 90% probability for easing at the September FOMC.EUR/USD technicals eye 1.1788 breakout, with U.S. CPI and ECB decision set to drive the next decisiv

United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its crediblity and trust with the American people during an interview with the Wall Street Journal, published on Friday. This comes on the heels of a devastating Nonfarm Payrolls (NFP) report

During the spring and early summer there was hope that the political clouds in Japan would clear after the July Upper House election. That has not been the case. The poor performance of the LDP in that election has meant that changes in its leadership are still expected. This week brought the resign

Growth has exceeded expectations, and the labour market remains resilient. The EU-US trade deal has reduced a significant downside risk to the economic outlook. We expect growth to be muted in the second half of the year before gaining momentum in 2026. This year, we perceive the risks to the econom

USD/CHF struggles for firm-footing as the Fed is expected to cut interest rates this month.The US Dollar trades cautiously ahead of an array of US labor market-related data.This week, the Swiss Franc will be influenced by the inflation data for August. The USD/CHF pair trades with caution near 0.800

The US Dollar (USD) has given back most of yesterday’s gains and remains trapped in this month’s narrow range. Broader headwinds from US trade protectionism, political interference at the Fed, and dovish policy expectations continue to pressure the greenback, while shrinking yield spreads versus pee