Welcome to “The Cyborg Analyst” weekly report by Prattle. This report includes analysis of a variety of subjects in addition to central banking events. Keep an eye out for quantitative insights on publicly traded companies, regulatory bodies, and more in the future. Sign up for free access to Prattle to receive the full Cyborg Analyst report weekly.
The Most Important Central Bank Releases This Week
No G10 currency central banks have policy meetings this week, but markets will nonetheless be watching minutes released by both the Fed and RBA in addition to a speech by BOE Governor Carney. The Fed minutes are likely to sound a bit dated, reflecting conditions before recent market turmoil (and recent political pressure from President Trump to maintain low rates), but they are likely to indicate a December rate hike is likely. The RBA minutes will almost certainly be more neutral or even slightly dovish as Aussie policymakers continue to express concern about the economic effects of a trade war.
When BOE Governor Mark Carney takes the dais at the NY Economic Club this week, the markets will certainly be listening. In his speech, Carney will have to strike a balance between hawkishly talking down elevated inflation and dovishly indicating that the BOE stands ready to support the UK economy through ongoing Brexit tumult. Finally, ECB policymakers Praet and de Guindos are likely to strike a neutral or slightly hawkish tone as they reflect the ECB’s current wait-and-see approach.
This is an abbreviated version of the Cyborg Analyst. The full weekly report contains detailed analysis based on Prattle’s Central Bank Analytics. Subscribe here.
The Prattle Team