Rate Forecast

Bank	Rate	Next Meeting	Impl bp	Move	Cut	Hold	Hike	Bias	Days
Fed	3.88%	Oct 28, 26	4	Hike	0%	83%	17%	Hawkish	3 Days
ECB	2.50%	Oct 29, 26	2	Hike	0%	93%	7%	Neutral	4 Days
BoE	3.75%	Nov 5, 26	23	Hike	0%	7%	93%	Hawkish	11 Days
BoJ	1.25%	Oct 30, 26	1	Hike	0%	95%	5%	Hawkish	5 Days
SNB	0.00%	Dec 10, 26	5	Hike	0%	80%	20%	Neutral	46 Days
RBA	4.60%	Nov 3, 26	13	Hike	0%	49%	51%	Hawkish	9 Days
RBNZ	2.75%	Oct 28, 26	20	Hike	0%	19%	81%	Neutral	3 Days
BoC	2.25%	Oct 28, 26	20	Hike	0%	19%	81%	Neutral	3 Days

Meeting	Impl bp	Adjusted %	Move	Cut	Hold	Hike
Oct 28, 26	4.2	3.92%	Hike 4	0%	83%	17%
Dec 09, 26	25.8	4.14%	Hike 22	0%	14%	86%
Jan 27, 27	38.5	4.27%	Hike 13	0%	49%	51%
Mar 17, 27	53.3	4.41%	Hike 15	0%	41%	59%
Apr 28, 27	65.4	4.53%	Hike 12	0%	52%	48%
Jun 09, 27	73.3	4.61%	Hike 8	0%	68%	32%
Jul 28, 27	77.1	4.65%	Hike 4	0%	85%	15%
Sep 15, 27	78.7	4.67%	Hike 2	0%	94%	6%
Oct 27, 27	78.2	4.66%	Cut 1	2%	98%	0%

EU Data	Date	Difference	Actual	Forecast	Previous	Sentiment
GDP Growth QoQ	Jun 5, 26	-0.30%	-0.20%	0.10%	0.10%	Bearish
Unemployment Rate	Jul 2, 26	-0.10%	6.20%	6.30%	6.20%	Bullish
Retail Sales MoM	Jul 6, 26	0	0.2	0.2	-0.4	Neutral
PPI YoY	Jul 6, 26	0.20%	5.90%	5.70%	5.00%	Bullish
CPI YoY	Jul 17, 26	0.00%	2.80%	2.80%	3.20%	Neutral
Manufacturing PMIs	Jul 24, 26	0.5	52	51.5	51.4	Bullish
Services PMIs	Jul 24, 26	1.8	51.6	49.8	49.4	Bullish
German Service PMI Flash	Jul 24, 26	0.6	49.6	49	48.6	Bullish
German Manufacturing PMI Flash	Jul 24, 26	1.7	52.2	50.5	50.3	Bullish
German Composite PMI Flash	Jul 24, 26	1.5	51.2	49.7	49.5	Bullish
Eurozone Manufacturing PMI Flash	Jul 24, 26	0.5	52	51.5	51.4	Bullish
French Manufacturing PMI Flash	Jul 24, 26	-1	50	51	51.2	Bearish

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