Fiscal Strains Complicate Europe Rate Path (2-6 November)The ECB held its deposit rate at 2.50% as rising energy costs and slowing economic growth complicated the inflation outlook.
Europe’s Fiscal Divide Widens (26-30 October)France’s debt troubles and slowing eurozone business activity pushed the euro toward $1.12, while the French-German bond yield spread widened to 170 basis points.
Asia’s Policy Divide Comes Into Focus (19-23 October)The yen recovered past 158 per dollar following Japan's intervention warnings, while BOJ officials kept the possibility of a December rate hike open.
Europe’s Inflation Trap (12-16 October)The euro recovered above $1.12 and sterling approached $1.324, but economic challenges persist.
Fed Gets a Reason to Wait (5-9 October)September’s soft US labor data cooled expectations for an immediate Fed hike, pulling the dollar below 102 and helping the euro and pound recover.
Japan’s Inflation Loses Some Heat (28 Sept-2 Oct)Japan’s annual inflation held at 1.9% in August, while core inflation eased to 1.7%, staying below the BOJ’s 2% target for a seventh month.
Central Bank Actions Drive Sentiment (21-25 September 2026)Markets have adjusted to policy decisions from major central banks, led by a hawkish rate hike from the Federal Reserve and a policy move from the Bank of Japan.
Europe Hikes, Japan Lines Up (14-18 September)The ECB raised rates 25bp, taking its deposit rate to 2.50%, while Japan’s 7.6% producer inflation strengthened expectations for a BOJ hike this month.
