(The opinions expressed here are the author, “Reuters” columnist.)
Mike by Dolan
London (Reuters) – What is today in the US and global markets?
Mike Dolani, Editor-broad, financial industry and financial markets
On Monday, the US stock was stabilized on Monday, as February details US retail report reassured the worst fear about American consumers. Meanwhile, the global shares have pushed higher on European stimulus bets.
Today I will look at the Bank of England, one of the meetings of the central big banks this week. While Boy should keep strong in the upcoming meeting, I will discuss why investors can surprise. Continue reading for this and more market news.
The minute of today’s market
* US shares have ever seen the biggest decline in March for the completion of trade wars and the United States in March.
* Canadian Prime Minister Mark Stone says Trump should stop comments on his country with a “disrespectful attitude” comment on his country, which can start serious talks about further relations.
* Donald Trump and Vladimir Putin will call on Kiev to discuss power plants and land concessions as part of the talks in Ukraine.
* The lower house of the German parliament will vote on Tuesday, in the loan, which can promote the largest economy in Europe and promote growth in the region.
* Trump tariffs will increase growth in the United States, Canada and Mexico, forecasts for Economic Cooperation and Development Organization.
Wall Street Steadies like Europe
Although the title received by the last month last month was predicted, the details of the report were more positive. This suggested a number of comfort to the nervous markets, who also had to absorb another worrying production and houses in the mood of the household.
Industrial production and apartments start on Tuesday, the Federal Reserve begins its two-day meeting, which is likely to end with FOMC’s vote to keep its main interest rate.
Tuesday, Wall Street Futures, which remains large technology, and the so-called magnificent seven megapodes in red, although wider S & P 500.
AUTO GIANT TESLA stock price was another 5% decline in the standard step of the day.
The US Treasury Return continues to lead to a higher level, and the 20-year bond auction is set later. Unlike the dollar, the dollar was on Tuesday, looking at its lowest point of the year, as the euro had just grown on German fiscal programs.
On Tuesday, the lower house of the German parliament is scheduled to vote on massive growth, which can promote Europe’s largest economy and promote growth in the region, as the alliance is facing the tension with the United States.
The eurozone’s reserves increased by 1% earlier, German MidCaps increases by more than 2%.
Although no major changes in any of the most monetary political meetings this week are expected, the Boe’s pressure can easily be installed more than anyone else. That’s the topic of today’s deep dive.
Maybe boe should “be” with noise “
In a week, when the main central banks are expected to be static in the storm of the US political policy, the Bank of England may be the case for pursuing.
Monetary politicians face a possible double capricious with the tariff nodes of the planned April tariffs of US President Donald Trump. The Federal Reserve, Japan’s Bank, the Swiss National Bank and the Bank of England are also expected to sit in their hands this week and watch what is happening.
Bounch should also have internal considerations, in particular, the Political Optics of the British Finance Rachel Reeves refreshes its budget programs and economic expectations.
However, there is no shortage of causes why BOOR policy makers are easily tempted, regardless of the political fog abroad and house of smoke and mirrors.
In January, the British Fighting economy began by another surprise. And in the last month, the growth forecast of Bow was the prospect of 2025 in the British 2025 by another shortened, on Monday by the Economic Cooperation and Development Organization.
Although Reeves may concern with his fiscal targets, given the probability of government revenues, the additional compression of government spending is now self-confident, as it will come at the top of the employer’s tax next month.
Thus, the case of using a monetary policy to violate the economic logam is a building, despite obtaining inflation from salary and services.
Boe drama’s fascinating bit is that the appeal calls more and more in the bank’s own rows.
Downhill
In recent years, in one of the most direct shifts of the Boe’s interest rates regulation committee, the American active American Catherine Mann came out of the Uber Dove to the Uber Dove during the Boe.
Mann voted for a half-score cut, which was twice the final step. He changed the parties to the critical node in the critical junction of nine people, joining the more recognized pigeon swati Dhingra by 4.25%.
Imagining the importance of this change, Bey’s data on voting records show that man had ever voted for 28 matches, as he joined the end of 2021.
During the post, he voted in favor of 18 campaigns and voted on a higher decision of 11 more than 28 matches.
If you’re going to turn, it’s better to turn big.
Graduate “no longer valid”
Manni justified his shift, claiming that Boe’s 2% inflation target was available next year, as British companies are fighting prices and softening costs.
But his more narrative disclosure was when he said last month that he had to take half a point to find out the “noise” and the financial system that was currently needed.
And it is certainly no shortage of noise, both at home and abroad.
He doubled in statements at the beginning of this month.
Manny fears that small quarter-point steps are not going to make changes in the current environment, true. In fact, this is one of the reasons that the pace will remain unchanged, waiting for more clarity.
All 61 Economists surveyed by Reuters expect that the pace will leave the pace to keep the BOE by 4.5% and the next reduction until May.
Reuters survey also pointed out 7-2 divisions of the commission to keep the pace of reserves, more with Mann and Dhingra.
Some banks, such as Morgan Stanley, see the deepening deepening of 6-3, the newest member Alan Taylor will probably join three of its four matches for dissentations.
And Clare Lombardelli, another recent recent and DOVISH app, could also be in the mixture.
Meanwhile, markets are priced in relatively arm policy, two additional BOE cuts are expected for the rest of the 2025, which means that years will be up to 4%. It is higher than the expectations for the Fed or European Central Bank.
There is a great place for surprises.
Table of the day
Although Monday Wall Street stock indices have stabilized, “large technology” continued to underestimate, and Elon Musk Tesla turned again, and another 5% lowered, because the brokers lowered the target of electric vehicles. Tesla’s shares have now dropped more than 40% for years.
In contrast, the Chinese Ev Maker BYD’s Hong Kong’s shares increased by 6% on Tuesday, and this year has increased by almost 40% in terms of the dollar. The latest surgery of the BD came after it revealed a new platform for EVS, which says that the EVS can push the gas and states that it is planned to build a charging network in China.
To view today’s events
* Beginning / Permissions of February of February, February, Industrial Production, February Import / Export Prices; Canada February
* US Federal Reserve Open Market Committee and Japan Bank Both Start Two-Day Policy Meetings on Wednesday
* French President Emanuel Mcon meets Germany’s outgoing Chancellor Olaf Scholtsi
* US Treasury sells $ 13 billion 20 years bonds
The expressions expressed are the author. They do not reflect the views of Reuters News, which, according to the principles of trust, are loyal to the integrity, independence and freedom of bias.
(Mike Dolan; Edit Rod Nickel)
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