Rabobank
Institutional, Rabobank
Bank of Japan cautious on further hikes – Rabobank
Rabobank Research Global Economics & Markets reports that the Bank of Japan (BOJ) is reluctant to continue rapid rate hikes, with September meeting notes revealing internal divisions and concerns over weak private consumption. BOJ balances growth and tightening risks “The BOJ doesn’t want to keep raising rates rapidly, the September meeting notes showing some hawks […]
by Currency Hedger
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- 4 days ago
Institutional, Rabobank
US Treasuries: Cold War yield parallels – Rabobank
Rabobank’s RaboResearch Global Economics & Markets notes that US Treasury yields ended Q3 sharply higher, with 10-year and 30-year yields reaching levels last seen in 2002. The report highlights concerns from major market commentators about bonds and equities, and warns that another phase shift higher in long-dated US yields could take them into ranges seen […]
by Currency Hedger
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- 4 days ago
Institutional, Rabobank
Brazilian Real: Exchange rate seen weaker into year-end – Rabobank
Rabobank’s Mauricio Une and Renan Alves note that the Federal Reserve (Fed) raised rates by 25 bps and signaled a more restrictive stance, while Copom cut the Selic rate to 13.75%. The Brazilian Real (BRL) weakened slightly to BRL 5.1462 per USD but still outperformed most emerging peers. Rabobank expects a narrower rate differential and […]
by Currency Hedger
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- 2 weeks ago
Institutional, Rabobank
Oil: Geopolitics drive volatile price path – Rabobank
Rabobank strategist Michael Every notes Oil prices are currently lower on hopes for de-escalation in multiple conflicts, including developments around Saudi infrastructure, Iran talks and Ukraine. However, Every stresses that hardened positions in Iran, Russia and broader security shifts mean energy prices could still change dramatically depending on how major geopolitical deals and confrontations evolve. […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, Rabobank
Eurozone: Energy shock reshapes outlook – Rabobank
Rabobank strategists Bas van Geffen and Elwin de Groot highlight that sharply higher Oil and natural gas forecasts will lift headline Eurozone inflation by about 0.5 percentage points in 2026 and 2027. They now see inflation peaking around 4.4% year-on-year in early 2027, with core inflation only modestly higher, and expect sluggish disinflation to keep the ECB deposit rate […]
by Currency Hedger
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- 2 weeks ago
Institutional, Rabobank
Oil: Supply risks and central bank pressures – Rabobank
Rabobank’s Senior Macro Strategist Bas van Geffen highlights escalating Middle East tensions, with Houthi attacks and damage to Saudi infrastructure forcing more Oil flows through the Strait of Hormuz. He notes increased supply risks via Bab el-Mandeb and potential mines, and says it has updated its energy forecasts as higher crude and refined product prices […]
by Currency Hedger
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- 3 weeks ago
Institutional, Rabobank
Mexican Peso: Carry-driven strength extends against US Dollar – Rabobank
Rabobank’s Christian Lawrence and Molly Schwartz highlight that USD/MXN has broken below 17 for the first time since May 2024, prompting a forecast revision toward 16.5 in coming weeks. They see strong carry demand and subdued volatility keeping MXN supported, while a mild retracement is projected for next year, with the pair staying within recent […]
by Currency Hedger
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- 1 month ago
Institutional, Rabobank
British Pound: Range trading outlook against Euro – Rabobank
Rabobank’s Senior FX Strategist Jane Foley discusses the British Pound’s (GBP) recent performance, noting it is currently the top G10 currency on a 1‑day view but only middling over longer horizons. Foley expects EUR/GBP to trade in a range over the coming weeks, with a mild upside bias later in the year as fiscal realism […]
by Currency Hedger
- 0 Comments
- 1 month ago