Research

CITIC Securities sees Fed on hold all year as Warsh faces political & inflation crosswinds

CITIC's hold call pushes against the market's current lean toward an October hike, creating a divergence worth monitoring as the US-Iran MOU beds in and energy-driven inflation pressure eases. If the geopolitical premium in oil continues to unwind, the inflation case for hiking w

PBOC is expected to set the USD/CNY reference rate at 6.7752 – Reuters estimate

The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under whic

Brazil central bank cuts rates but warns fiscal stimulus may blunt monetary policy

The unanimous cut was fully priced and the BRL reaction will hinge on the tone around future easing rather than the decision itself. The explicit flagging of fiscal stimulus as an inflation upside risk is a hawkish signal that limits how far Copom can ease ahead of October's elec

Results of BIS International Locational Banking Statistics and International Consolidated Banking Statistics in Japan

Results of BIS International Locational Banking Statistics and International Consolidated Banking Statistics in Japan 日本語 BOJ Time-Series Data Search Explanation / Notes Releases Related Research Papers Notices of Changes and Corrections The Bank of Japan has been releasing the B

Warsh rewrites the Fed playbook as FOMC holds rates and signals hikes ahead

The hawkish tilt in the dot plot, with the median 2026 funds rate projection rising to 3.8% from 3.4%, pushed short-term yields higher and weighed on equities as markets repriced the likelihood of a hike as early as October. The stripping of forward guidance removes a key anchor

Morning Report - Westpac IQ

Morning Report Westpac IQ