Berenberg now expects the ECB deposit rate to reach 3% by mid-2029 (vs prev. view of 2028; vs the current 2.25%)
Newsquawk Staff ·
- Says a temporary US-Iran agreement lowering energy costs could push Eurozone inflation below 2% in early 2027, potentially delaying ECB tightening until end-2028
- Says that after that, demographic-driven labour-supply declines should lift wages and prompt renewed hiking
- [MARKET ANALYSIS] Complex capped by energy; T-notes dip after Tuesday's bull-flattening
- [MARKET ANALYSIS] USD marginally firmer; AUD outperforms; price action quiet elsewhere
- [MARKET ANALYSIS] APAC stocks mostly firmer on AI after-hours strength; KOSPI leads
- PRE-MARKET AUSTRALIAN STOCK NEWS: NEXTDC cuts FY27 guidance on M3 Melbourne power delay; Telix reaffirms FY revenue; Sigma flags strong Chemist Warehouse momentum
- US FX WRAP: G10 FX peers gain vs. the Buck in risk-on trade
Related headlines
- BoE's Greene says continue to believe should proactively lean against the risk of second-round inflation effects and risk of second-round effects greater than they thought12 hours ago
- ECB's Lane says greater global euro use may help the ECB control prices50 min ago
- BoJ is expected to assess whether underlying inflation has reached its 2% target at its October 29th-30th policy meeting, while keeping interest rates unchanged at around 1.25%, Kyodo reports56 min ago
- Japanese Finance Minister Katayama says the government is coordinating closely with the BoJ, with no major divergence on the inflation outlook or monetary policy4 hours ago
- BoJ's Himino says upside inflation risks remain high, warning that delays in adjusting monetary policy could allow inflation risks to materialise and harm the economy.43 min ago
- Goldman Sachs now expects the RBA to hike rates by 25bps to 4.85% in November, having previously expected rates to remain unchanged3 hours ago
- PBoC injects CNY 80bln via overnight reverse repos, while setting 7-day reverse repo operations at zero3 hours ago
- PBoC sets USD/CNY midpoint at 6.7172 vs exp. 6.6779 (prev. 6.7200) 3 hours ago
- BoJ JGB purchase operations for 1–3yr, 5–10yr and over-10yr maturities are in line with planned Q4 2026 amounts3 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.6779 (Prev. 6.7200)4 hours ago
- [MARKET UPDATE] NQ gaps higher (+0.9%) amid SPCX and SMCI guidance as futures trading resumes (ES +0.4%, RTY/YM +0.2%); T-note futures -1.5 ticks, WTI Dec USD +0.5/bbl, Spot gold flat7 hours ago
- RBA's Hauser says monetary policy is working, but the inflation outlook has deteriorated and appears worse than forecast, slightly exceeding expectations7 hours ago
- Canada and Turkey set to sign joint declaration during Carney's visit to deepen ties in four areas12 hours ago
- Atlanta Fed GDP Now cuts Q3 GDP estimate to 3.5% (prev. 3.6%) 14 hours ago
- Israeli PM Netanyahu is pushing to resume major strikes on Iran, but a planned October 10th offensive was halted amid Trump's opposition ahead of the US midterms, FT reports51 min ago