Implied price expectations for the upcoming coverage selections for main central banks:
ECB: -25 foundation factors of easing implied for October seventeenth assembly (100% likelihood implied for a minimize)
BoC: -32 foundation factors of easing implied for October twenty third assembly (100% likelihood implied for a minimize)
BoJ: 1 foundation level of tightening implied for the October thirty first assembly (87% likelihood implied for a maintain)
RBA: -2 foundation factors of easing implied for the November fifth assembly (91% likelihood implied for a maintain)
BoE: -21 foundation factors of easing implied for the November seventh assembly (84% likelihood implied for a minimize)
Fed: -22 foundation factors of easing implied for the November seventh assembly (88% likelihood implied for a minimize)
RBNZ: -45 foundation factors of easing implied for the November twenty seventh assembly (100% likelihood implied for a minimize – nearly absolutely priced for an additional 50bp transfer)
SNB: -30 foundation factors of easing implied for the December twelfth assembly (100% likelihood implied for a minimize)