ICYMI - A growing rift at the ECB

• A September rate cut is pretty much locked in ... but what comes after is up for debate

ECB's Buch: Europe's banking sector has shown resilience

• Comments on banking from Buch

A growing rift at the ECB on the economic outlook?

• Reuters reports that ECB policymakers are increasingly at odds on the growth outlook of the euro area economy

HSBC with two reasons the USD should strengthen

• HSBC says the USD looks to excessively weak, and adds that the Fed won't slash rates as hard as expected

PBOC sets USD/ CNY reference rate for today at 7.1027 (vs. estimate at 7.1030)

• PBOC CNY reference rate setting for the trading session ahead.

Unless Christmas comes early this year, the pound has only one way to go

PBOC is expected to set the USD/CNY reference rate at 7.1030 – Reuters estimate

• PBOC CNY reference rate setting for the trading session ahead.

Reserve Bank of Australia Governor Bullock is speaking twice in the week ahead

• Bullock is speaking twice on Thursday, September 5

Newsquawk Week Ahead: US NFP & ISMs; BoC, Canada jobs; Australian GDP; Swiss CPI

• Next week highlights include the US Nonfarm Payrolls report as well as the Manufacturing and Services ISM PMI data. In Canada, the BoC rate decision will be eyed ahead of the next jobs report. Elsewhere, Australian GDP and Swiss CPI will be in focus. Note, US is away for Labor Day on Monday.

The Facebook failure spiral

Canadian GDP beat for all the wrong reasons. The market sees a chance of 50 bps next week

• The Bank of Canada decision is Wednesday

ECB's Villeroy: It would be fair and wise to cut rates in Sept

• Comments from an interview in Le Point

ECB's Nagel: Timely return to price stabilty cannot be taken for granted

• Comments from Nagel

The role of luck in trading

SNB's Jordan: Price stability is a crucial precondition for growth and prosperity

• Comments from Jordan

Fed's Barkin: Inflaiton is down but we're not there yet

• Barkin comments to a local radio station

Fed's Bostick: On inflation, there is still distant to go

• Atlanta Fed Pres. Bostic speaking

Trading and probability - odds in your trading

The next big debate is how low US interest rates will go

• What's the floor for Fed funds?

BOJ Deputy Gov. Himino: The financial and capital markets remain unstable.

• BOJ Himono is speaking

Fed discount rate minutes: Chicago and New York directors favored cuts

• The discount minutes sometimes show a soft dissent

SimpleFX Launches 50% Black Friday Discount!

PBOC sets USDCNY central rate at 7.1249 (vs. estimate at 7.1245)

• Previous 7.1132

PBOC is expected to set USDCNY midpoint at 7.1245 versus 7.1132 previously

• PBOC CNY reference rate setting for the trading session ahead.

Fed's Daly: Labour market is in complete balance

• Comments from SF Fed President Mary Daly on August 26, 2024