A quick snapshot of central bank rate expectations ahead of the week's events.
We have CA CPI, UK CPI, the RBNZ decision and Jackson Hole so BoC, BoE, RBNZ and FOMC pricing is the most important.
Given the recent data we've seen across the board, as well as the current global trade context, it will take quite a lot from all these events to drastically shift the needle in terms of rate expectations for the upcoming meetings.
However, big surprises are what we hope for as risk event traders, so it is always worth knowing what is expected ahead of key events, to build scenarios of what needs to happen to change those expectations and provide some decent short-term volatility.
I'll put up previews along with updated rate pricing ahead of this week's events.
