Policy and research about People's Bank of China. The publishing institution remains a separate field on every report.
MUFG expects the Philippine central bank to raise its policy rate 25bp to 5.25% on higher oil prices and Super El Niño risk, while the Bank of Korea is seen holding at 3.00% after back-to-back hikes. Bank Indonesia is widely expected to hold at 5.75%, though…
Scotiabank's weekly preview argues Canadian core inflation remains at or above the BoC's 2% target, with traditional core running near 3% m/m SAAR for four straight months and another firm print expected, supporting the view that policy is too loose. BoC…
China's September PPI inflation rose to 5.0% YoY, the highest since 2022 and above forecasts, while CPI edged up to 0.9% YoY. Energy and tech drove gains, but food, rent and autos still dragged. ING judges the worst of deflation may have passed, though…
Scotiabank Economics forecasts a Bank of Canada hike of 100bp to a 3.25% terminal rate and two more Fed hikes to a 4.5% fed funds target. US September CPI is called at 0.6% m/m headline and 0.3% core, with the FOMC likely to skip October. Governor Macklem…
USD/JPY traded near 158, capped by the 200-day moving average around 158.50, after opening the week at 157.73. Speculation over US attacks on Iran supported oil and commodity currencies. September CPI on 14 October and Fed Chair Kevin Warsh's 15 October…
Scotiabank keeps its broad growth outlook largely unchanged: US activity is more resilient than earlier estimated after upward revisions (Q2 GDP +2.2%), while Canadian growth holds up and is expected to accelerate in 2027. Tighter financial conditions partly…
BNP Paribas' EcoNews reports a firm but uneven global picture: eurozone activity holds (composite PMI 53.1) while producer inflation accelerates to 8.3% y/y, broadening price pressures. The Fed stays hawkish, with two more hikes expected; the next in…
OCBC's weekly macro view sees global demand stabilising unevenly, led by AI investment. The Fed keeps further rate hikes in play, supporting the USD but capping breakout odds, while French fiscal fears cap EUR upside. Indonesia's headline CPI rose to 3.3% YoY…
MUFG expects Asia FX to trade range-bound in the week ahead, driven by US September CPI, Treasury yields and China activity, inflation and credit data. A softer US inflation print would support high-yielding Asian currencies and help stem equity outflows,…
MUFG notes the euro is stabilising after sliding from 1.1600 to 1.1200 on higher global yields, French fiscal concerns before April/May presidential elections and a terms-of-trade hit from refined energy prices. German GDP forecasts were revised up to 1.3%…
US equities closed mixed: S&P 500 -0.5%, Nasdaq -1.3%, Dow +0.1%, with the semiconductor index down 3.4% on AI-revenue concerns. Brent rose 4.1% above USD104/bbl and WTI 3.6% to USD91.49 on Middle East tensions, though Trump ruled out strikes on Iran before…
Scotiabank's Global Week Ahead frames the coming week around US inflation data, the start of Q3 earnings season and central bank communications at the IMF/IIF Annual Meetings in Bangkok. The bank argues the Bank of Canada should fade jobs data and concentrate…