The Reserve Bank of Australia will announce its interest rate decision in ten minutes.
Next week, as the US government continues to shut down, there will be less important data from the US, but many central banks will hold interest rate meeting, including the Federal Reserve, the European Central Bank and the Bank of Japan. Here are the key points that the market will focus on in the new week (all in Beijing time): Thursday at 02:00, the Federal Reserve announced its interest rate decision.
The Federal Reserve is about to announce its interest rate decision. For investors, the real clues are hidden in a "trilogy": voting results, dot plots, Powell's conference... Click to view...
The Federal Reserve will announce its interest rate decision tonight (2 am Beijing time on July 31), and Federal Reserve Chairperson Powell will hold a post-meeting press conference 30 minutes later. According to CME "Federal Reserve Watch" data, the probability of a 25 basis point rate cut in July is 2.1%, and the probability of keeping interest rates unchanged is 97.9%.
According to CME "Fed Watch" data, the Federal Reserve will announce the interest rate decision tonight (2:00 am Beijing time on June 19), the probability of cutting interest rates by 25 basis points in June is 0.1%, and the probability of keeping interest rates unchanged is 99.9%. The current probability of the Federal Reserve keeping interest rates unchanged through July is 85.5%, and the probability of a cumulative 25 basis points of interest rate cuts is 14.5%.
The dollar index DXY widened its day-to-day gain to 0.50 per cent at 103.76 ahead of the Fed's 2:00 a.m. interest rate decision.
After the Bank of England announced its interest rate decision, the pound fell more than 35 points against the dollar GBP/USD in the short term, trading at 1.2457.