- Fed: 53 bps (96% likelihood of no change on the upcoming assembly)
- ECB: 54 bps (96% likelihood of fee minimize on the upcoming assembly)
- BoE: 39 bps (95% likelihood of no change on the upcoming assembly)
- BoC: 37 bps (77% likelihood of no change on the upcoming assembly)
- RBA: 72 bps (72% likelihood of fee minimize on the upcoming assembly)
- RBNZ: 29 bps (69% likelihood of no change on the upcoming assembly)
- SNB: 55 bps (57% likelihood of fee minimize on the upcoming assembly)
*for the SNB, the remainder of the likelihood is for a 50 bps minimize
Fee hikes by year-end
- BoJ: 18 bps (98% likelihood of no change on the upcoming assembly)
We will see that the market pricing remained roughly unchanged for many central banks besides the RBNZ the place merchants pared again fee minimize bets after the much less dovish than anticipated coverage determination.
This text was written by Giuseppe Dellamotta at www.forexlive.com.
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