Financial website Forexlive analyst: After the release of the UK CPI, the current market pricing shows that the rate cut for the rest of 2025 is 34 basis points, while the expectation before the release of the UK CPI is 41 basis points. The market fully priced in November to cut interest rates. In my opinion, this is still a bit high. I expect the Bank of England and other major central banks to face a tougher repricing in the coming weeks and months. (Jin Ten)
The US non-farm payroll report was strong after the April quarterly adjustment, the unemployment rate held steady, and traders cut bets on the Federal Reserve to cut interest rates nearly four times this year. Click to view...
Traders on Wednesday slashed their bets that the Federal Reserve would start cutting interest rates in May, after President Donald Trump said he would pause for 90 days plans to sharply increase tariffs on most countries announced last week. Traders now see a much greater chance of U.S. interest rate cuts starting in June than in May, according to interest rate futures trading. They still believe the Fed will cut interest rates a total of four times by the end of the year.
Traders cut their bets on the Federal Reserve cutting interest rates in May, anticipating June as the likely starting point for a rate cut.
Traders trimmed expectations for a rate cut by the Bank of England, which is expected to be less than 50 basis points before the end of the year.
Traders cut their bets on the Federal Reserve to cut interest rates and now see a 50% chance of two rate cuts in 205. (Jin Ten)
Traders cut their bets on the Fed cutting rates next year, expecting a 100 basis point cut by next September.
Traders have trimmed their bets on a rate cut by the Bank of England, and now expect three more cuts by the end of 2025.
Traders have trimmed bets on a rate cut by the Bank of England, expecting a cumulative cut of less than 100 basis points by the end of 2025.
Traders trimmed bets on a rate cut by the ECB, expecting a 31 basis point cut in December.
Traders trimmed expectations for a 50 basis point ECB rate cut in December, with the odds down to 22 percent from around 45 percent before the data.
U.S. stocks weakened during the earnings season, and traders' reduction of overall risk exposure appears to be repeating the pattern of May sell-offs. Non-U.S. currencies rebounded but traders may seek high selling opportunities... > >