🛑🛑🛑 VÍDEO Els espanyols treballen sense descans per esborrar la memòria dels catalans. Per això és imprescindible dir en veu alta coses com aquesta: "A Catalunya el castellà es va imposar per la força de les armes". Volen esborrar aquesta realitat. Que corri.

ABN Amro: Last year, #JacksonHole was pivotal in sending a signal that rates would be cut in September. With pivotal data releases between his speech and the #FOMC meeting, #Powell will not want to commit. The macro outlook remains murky, with inflation rising, but not surging,

ABN Amro: #EUR: The tariff shock is unfolding more gradually, with a milder but more prolonged growth hit. The impact is also blunted by solid consumption, helped by falling rates and benign inflation. The #ECB is now expected to look through the undershoot of its 2% inflation

Societé Generale: #USD: The Kansas #Fed’s #JacksonHole symposium may offer a glimpse of thinking about inflation, the labour market and how the Fed’s policy framework should change, but we have important data releases between now and then (#FOMC meeting late August), so one

Danske Bank: The #Fed's #JacksonHole Symposium continues today and tomorrow. Today's highlight will be #FedChair #Powell's speech. Last year, #Powell provided strong guidance that rate cuts were set to begin soon. This time, markets are again expecting the Fed to cut rates in

Danske Bank: #EUR: We expect the #ECB to have concluded its cutting cycle and leave the deposit rate unchanged at 2% while markets are still pricing a risk of a final cut from the #ECB in the coming six months. With today's stronger data, the risk of a final "insurance cut" has

MUFG: #USD: we don’t expect #FedChair #Powell to commit today to a rate cut at the September #Fed meeting. It is more likely that he will acknowledge recent US labour market weakness indicating they are moving closer to cutting rates but leave optionality on the table to assess

MUFG: #JPY: The Japanese rate market has moved to price in a higher probability of the #BoJ resuming rate hikes as soon as October (round 15bps priced in). Comments from #BoJ Governor #Ueda, who is speaking on a panel at #JacksonHole tomorrow, will be scrutinized closely to see

ING Bank: #USD: The #dollar is drifting higher ahead of a key speech from #FedChair #Powell today. Driving that has been some slightly better business confidence data, questioning whether the #Fed needs to cut in September. We doubt the dollar has to rally too much further.

ING Bank: For today, Powell's tone will determine whether #EURUSD has to trade all the way back to the 1.1500/1520 area, which is the outside risk should he manage to swing market pricing back to 50:50 for a restart to the Fed easing cycle in September. #forex #forextrader

ING Bank: #USDJPY: Given that our call is that the #Fed will restart its easing cycle in September after all, it looks like the current run-up in #USDJPY will not last. We see gains petering out in the 148.75/149.10 area and would expect #USDJPY to be back pressing 146.00 ahead

ING Bank: #Germany: A full reversal of previous US front-loading effects has pushed the German economy back into recessionary territory, and it looks increasingly unlikely that any substantial recovery will materialise before 2026 #forex #EUR #Eurozone #fx #forexnews #forextrader

Deutsche Bank: #USD: We’ll learn more on the #Fed’s thinking today at #JacksonHole, with all eyes on #Powell’s speech at 10am EST. The last time we heard Powell speak at the July #FOMC, the #FedChair was notably hawkish on the #jobsmarket, but in light of the July downward

BNY: #USD: The poor performance in #equitymarkets in the run-up to the symposium suggests some concern that a less dovish tone will be set for the September #FOMC meeting, but we believe investors should take a closer look at their current flows and positioning, which are looking

ING Bank: #JPY: #BoJ watch : October hike is likely Going forward, core inflation is likely to remain above 3% for an extended period, even though headline inflation may fall to a level of 2%. This will support the #BankofJapan’s policy of normalisation. We expect the #BoJ to

Rabobank: #USDJPY: We continue to forecast a move to $USDJPY 145 on a 3-month view. This assumes that the market sustains expectations that the #BoJ is set to hike rates before or around the turn of the year. The next #BoJ policy meeting is scheduled for September 19. While there

BNY: #EURUSD: The asymmetry of risks at present means high market sensitivity to stagflation risk, but the #EUR’s current performance looks to be completely disregarding disinflation risk: through much of last year, #Eurozone breakeven #inflation was falling well below U.S.

NAB: #AUD: #Australia Growth is expected to return to trend over the next 18 months, with unemployment remaining low and inflation settling at 2.5%.... Risks to our forecasts for the Australian economy remain balanced. On the downside, we are mindful of elevated global risks to

TD Securities: #USD: On Friday, all focus will be on #JacksonHole. We will get #ChairPowell's prepared remarks at 10am. #Markets seem to already be expecting a somewhat dovish shift from the Chair, so we would expect an asymmetric market reaction to a hawkish stance or even a

UBS: #USD: In my view, allowing #Yellen a further term as #Fedchair would have been a better choice than appointing #Powell. #Powell has lacked confidence, and failed to articulate a medium-term vision for the economy at a time of uncertainty caused by structural change. The