Re: News Ahead

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Ogee wrote: Thu Nov 03, 2022 7:44 pm Breaking Market News ⚡️ @financialjuice
22m
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

Re: News Ahead

604
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!!
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BoE raises interest rates by 75bps to 3%

605
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
2m
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
3m
Interest Rates SOAR in highest increase since 1989 as Bank of England warns of 'long recession'
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MagnifyRe: BoE raises interest rates by 75bps to 3%

606
Ogee wrote: Thu Nov 03, 2022 11:09 pm GB News @GBNEWS
3m
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.
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