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PropMarketCapFRESHMacroeconomics and central banks

Bank of England at 15:00 MSK: market expects first rate hike since August 2023

Consensus is 4.00% versus current 3.75% and a shift in the Committee vote from 3-0-6 to 7-0-2. GBP/USD approaches the decision at a seven-week high of 1.3485.

PropMarketCapMacroeconomics and central banks

Dollar slumped: Warsh gave no hints on the Fed rate, DXY at a 10-day low

Fed Chair Kevin Warsh spoke at 06:30 MSK at the IMF annual meeting in Bangkok and refused to give any hints on the rate. The dollar index DXY (the dollar's exchange rate against a basket of six currencies) moved to 101.82, down 0.22% and a 10-day low.

PropMarketCapMacroeconomics and central banks

What US inflation will show: September CPI is released on October 14 at 15:30 MSK

On Wednesday, October 14 at 15:30 MSK, the US will publish September CPI. The market expects headline inflation to accelerate to 3.6% year over year, while the monthly core reading, on the contrary, may slow to 0.2%.

PropMarketCapMacroeconomics and central banks

An hour of three events: ECB protocols, Bailey and the US labor market today from 14:30 MSK

Today, October 8, from 14:30 to 15:30 MSK, three important macro events come out in a row: the ECB protocols, a speech by Bank of England Governor Andrew Bailey and weekly US jobless claims. In one hour-long window, the euro, pound and dollar will be under reaction.