Interest rates came down over Euro area so FED likely to follow next week whereas as bank of japan remains hawkish on interest rates.
ECB:
https://www.cnbc.com/2024/09/12/live-updates-european-central-bank-interest-rate-september.html
FED:
https://finance.yahoo.com/news/u-inflation-declined-more-august-123959854.html
BoJ:
https://www.reuters.com/markets/rates-bonds/bojs-tamura-calls-raising-rates-least-1-2024-09-12/
ECB cuts interest rates by 0.25% to 3.5%
byu/Infamous_Sympathy_91 inwallstreetbets
Posted by Infamous_Sympathy_91
10 Comments
Reposting because Europoors gotta hear this. Stop dumping at open and become rich.
They want a race? Let’s race!
TMF gang🚀
Probably priced in. Market hoped for 0.5 so it will drop after market opens.
Bank of Japan “hawkish,” aka setting the rate at 0.25% ROFL.
No one cares about europoors 🇺🇲🇺🇲🇺🇲🦅🦅🦅🗽🗽🗽🍔🍔🍔 where’s my fucking gun emoji 
If they dont Germany gets rekt.
This is not good.
Gold likely to shoot up further in the coming weeks now, $2600 this month likely.
So what’s this mean for he yen carry trade?
Look at the cme fed watch tool to see the probabilities for rate cuts. The fed futures has been expecting a cut in September for months now not new news.