Daily Points

Global markets are reacting to post-FOMC yield curve flattening, central bank decisions from the BoE and BI, and critical geopolitical developments regarding a new US-Iran MOU.

Key Takeaways

• 1.US Treasury yield curve is flattening following FOMC developments.
• 2.Bank of England held rates at 3.75% with a 7-2 vote split.
• 3.Bank Indonesia hiked rates by 25bps and tightened FX rules to support the rupiah.

Table of Contents

• KEY POINTS:
• Bank of England — Holds Amid MPC Divisions
• UK Job Growth Ebbs, Wages Accelerate
• Bank Indonesia — It Worked, for Now
• BSP — Should've Hiked by More?
• New Zealand's Economy Beats on Revisions
• SNB — FX Intervention Warning
• Norges — A Lukewarm Hike Warning
• Light N.A. Data Focused on Canadian Inflation
• US-Iran M.O.U. Text

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