邦达亚洲:经济数据表现疲软 美元指数小幅收跌

Group 1 - The Bank of England is widely expected to cut interest rates by 25 basis points this week, bringing the benchmark rate down to 3.75% [1] - Economists predict that the Bank of England's bank rate will fall to 3.25% by the second half of next year, while investors are more pessimistic, expecting rates to remain around 3.4% [1] - The Chief UK Economist at Capital Economics, Paul Dales, suggests that the threshold for future rate cuts has become higher, indicating uncertainty about the continuation of automatic rate cuts [1] Group 2 - Federal Reserve Governor Stephen Milan stated that current inflation levels do not reflect true supply and demand dynamics, with the preferred inflation indicator showing an annualized growth rate of 2.8%, above the 2% target [2] - Milan emphasized that housing inflation is lagging and does not accurately reflect the current rental price trends, suggesting that monetary policy should focus on future conditions rather than past imbalances [2] - Key economic data to watch includes UK unemployment rate for October, Eurozone and UK manufacturing PMI for December, and US non-farm payroll changes for October and November [2] Group 3 - The US Dollar Index experienced a slight decline, trading around 98.30, influenced by the Federal Reserve's recent rate cut and disappointing economic data [3] - The Euro appreciated against the dollar, trading around 1.1750, supported by the weak dollar and expectations of the European Central Bank maintaining its current stance [4] - The British Pound showed slight gains, trading around 1.3370, buoyed by the weak dollar and expectations regarding the nearing end of the Bank of England's rate cut cycle [5]