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FOMC rate decision is the clear centerpiece of today’s sessions, with markets fully convinced the Fed will deliver a 25bps cut to 3.50–3.75%. The probability of anything else is effectively zero, and policymakers have little incentive to risk unsettling sentiment by defying expectations at this stage of the cycle. The real debate is not about […]

The post Fed Preview: If March cut odds fall tonight, Santa rally is done appeared first on ActionForex.

European Central Bank (ECB) Governing Council (GC) member and Lithuanian central-bank chief, Gediminas Simkus, said in an interview in Vilnius during the European trading session on Wednesday that there is no need of monetary policy adjustments currently as inflationary pressures is close to the cen

In its latest review report on the Chinese economy published on Wednesday, the International Monetary Fund (IMF) raised the dragon nation’s economic growth for this year and the next.

He’s been talking mostly about the French economy but touched on the ECB policy too now. Goes without saying that this is no news for the market as no rate cut is expected.

The market has been actually starting to look for signs that the ECB could hike rates in 2026 or 2027. Right now, there’s a 33% probability of a 25 bps rate hike by the end of 2026.

This article was written by Giuseppe Dellamotta at investinglive.com.

• No need to change rates with inflation at target
• Data suggests inflation and GDP risks are fairly balanced
• I feel December rate decision won’t be difficult

This has been the core ECB message for a long time now. The central bank is not expected to cut at all for years, on the contrary, the market is pricing some tightening in 2026 following the hawkish comments from ECB’s Schnabel recently.

This article was written by Giuseppe Dellamotta at investinglive.com.

China’s November inflation data paint a picture of an economy showing modest signs of surface-level improvement while still grappling with entrenched deflationary pressures. CPI accelerated from 0.2% yoy to 0.7% yoy, matching expectations and marking a 21-month high. The gain was driven primarily by food prices, which rose 0.2% yoy after a -2.9% yoy drop […]

The post China CPI hits 21-month high, but weak demand keeps PPI in deep negative appeared first on ActionForex.

West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $58.28 per barrel, up from Tuesday’s close at $58.21.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $61.88 price posted on Tuesday, and trading at $61.95.

Sweden Industrial Production Value (MoM) declined to -6.6% in October from previous 3.8%