RBNZ is done, BoE has a lot to do

By Craig Erlam   It’s been a tough trading day, with UK inflation data sending worrying signals, while the RBNZ seemed to declare ‘job done’ in its inflation battle. The headline UK inflation

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Awaiting the Fed minutes

By Craig Erlam Equity markets appear to be treading water on Wednesday as we await the latest batch of FOMC minutes later in the day. Asia played catchup overnight after Europe and

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FOMC minutes settle nerves

By Jeffrey Halley  The FOMC Minutes, released overnight, settled a few nerves, temporarily signalling another couple of 50bps rate hikes in June and July before a pause in September. The dreaded 75bps

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