Breaking Market News @financialjuice
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ECB'S PRESIDENT LAGARDE: A RECESSION WON'T BE SUFFICIENT TO SETTLE INFLATION.

The British Ambassador left the Russian Foreign Ministry without comment.

She was called because of the British participation in the preparation of Kiev's attacks on Sevastopol...

Ogee wrote: Thu Nov 03, 2022 7:44 pm Breaking Market News @financialjuice
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ECB'S PRESIDENT LAGARDE: A RECESSION WON'T BE SUFFICIENT TO SETTLE INFLATION.

ECB rates need to go 'much higher', Kazaks says

"clear that interest rates will need to rise much higher to bring inflation down to the target of 2% over the medium term"

"In my view, there is no need to pause at the turn of the year."

- Reuters

Ogee wrote: Thu Nov 03, 2022 7:49 pm ECB rates need to go 'much higher', Kazaks says

"clear that interest rates will need to rise much higher to bring inflation down to the target of 2% over the medium term"

"In my view, there is no need to pause at the turn of the year."

- Reuters

HAWKISH!!

Bank of England raises interest rates by 75bps to 3% its the largest rate hike since 1989 and the vote was 9/9.


BoE warns of a 2yr recession risk if the Bank Rate made it to the market-implied 5%



Breaking Market News @financialjuice
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INTEREST RATE FUTURES SHOW THE BOE'S BANK RATE TO PEAK AT 4.6% IN SEPTEMBER 2023, UP FROM 4.7% IN SEPTEMBER 2023 PRIOR TO THURSDAY'S ANNOUNCEMENT.


GB News @GBNEWS
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Interest Rates SOAR in highest increase since 1989 as Bank of England warns of 'long recession'

Ogee wrote: Thu Nov 03, 2022 11:09 pm GB News @GBNEWS
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Interest Rates SOAR in highest increase since 1989 as Bank of England warns of 'long recession'

Thanks Ogee decent volatility after that news. Scalped GBPCHF for 30 pips and pissed off outta there I didn't even have time to set Stop Loss or Take Profit just in and out.

Highest rate increase since 1989 is no joke though.

How is everyone feeling about NFP today?

Sepo wrote: Fri Nov 04, 2022 1:39 pm How is everyone feeling about NFP today?

Kanye gets a text threat from his Dr yesterday ...