What are the market expectations regarding the interest rates of the Central Banks of the leading countries?
Expectations for #faiz cuts by the end of the year
#Fed : 99 basis points ( 69% probability of a 25 basis point rate cut at the upcoming meeting )
ECB(Europe): 58 basis points ( 98% probability of a 25 basis point rate cut at the upcoming meeting )
BoE(UK): 39 basis points ( 78% probability of a change at the upcoming meeting )
BoC(Canada): 75 basis points ( 79% probability of a 25 basis point rate cut at the upcoming meeting )
RBA(Australia): 19 basis points ( 94% probability of a change at the upcoming meeting )
RBNZ(New Zealand): 72 basis points ( 79% probability of a 25 basis point rate cut at the upcoming meeting )
SNB(Switzerland): 51 basis points ( 25 basis point rate cut probability at meeting 70% )
Expectations for rate hikes by year-end:
BoJ (Japan): 7 basis points (97% probability of change at upcoming meeting)
* Where you see a 25 basis point probability, the remaining probability is a 50 basis point cut.