海外研报

Fed set to hold again in July, but inching closer to cuts

A huge week lies ahead, with the July FOMC meeting on Wednesday followed in quick succession by the July employment report on Friday.

Macro Strategy

As we go to press this morning, the Bank of Japan have taken another step tonormalise their ultra-loose monetary policy, hiking their policy rate up to 0.25%having been in a 0-0.1% range before. In addition, they've announced plans tocurb their purchases