EUR/USD
1.17406
0.396%
Gold
3635.18
-0.150%
Oil
62.194
-2.012%
USD/JPY
147.068
-0.263%
GBP/USD
1.35639
0.248%
GBP/JPY
199.488
-0.009%
Real-time News
The U.S. EIA natural gas inventory for the week ending September 5 will be released in ten minutes.September 11th news, although the U.S. core CPI rose by 0.3% month-on-month in August, the Feds preferred inflation indicator, the "core PCE inflation index," may have risen by less than 0.2% last month. This is the conclusion reached by analysts after studying the CPI and PPI data released this week. If they are correct, the core PCE inflation rate in August may stabilize at 2.9% year-on-year, which may allow the Federal Reserve to take a more optimistic view on price pressures at its September meeting. Capital Economics analyst Stephen Brown wrote: "In short, core PCE inflation will remain on track and will not be worse than the Feds June forecast of rising to slightly above 3% by the end of the year."On September 11th, Deutsche Bank analyst Woll said in a report that the ECBs latest forecasts suggest that interest rates may remain low for longer. On the one hand, the staffs recent forecast for overall inflation was slightly raised, which means that the inflation target in 2026 will be less likely to fall short of expectations. However, the core inflation forecast was lowered to 1.8% in 2027, indicating that this below-expected situation may persist. He said: "This may have a dovish impact on monetary policy." However, he said that the ECB is in no rush to make a judgment and the interest rate pause is likely to continue.On September 11, Franklin Templeton analyst David Zahn said that the European Central Banks policy is generally neutral. Against this backdrop, Templeton favors short-term bonds, that is, those that are less affected by the risk of interest rate changes, and high-quality defensive stocks.On September 11th, ING analyst Éric Pessolé warned that the British pound remains at risk of decline ahead of the November 26th Autumn Budget due to concerns about the UKs fiscal sustainability. He noted that the pound has recently strengthened against the euro as long-term UK government bonds rebounded from last weeks sell-off. The pound is more sensitive to sell-offs in long-term government bonds than the euro and the dollar, suggesting that risks remain ahead of the budget. However, while UK government bonds remain stable, higher short-term interest rates due to the Bank of Englands cautious stance on rate cuts make selling the pound "expensive."
