In case you missed it: A big week for oil

After oil saw its biggest spike in a decade, a flurry of central bank meetings followed. Most stayed on hold, but as expected the Fed cut rates. The one to really buck the trend was Norges Bank making it the lone G10 hawk. Fiscal stimulus chatter is beginning to grow and one of the thriftiest members of the EU is loosening its purse strings. Over to you Berlin...

In this bundle

Rates

What events in Saudi Arabia mean for markets

Having been fixated by slowing demand this summer, financial markets now have to deal with the supply side – what does the attack on Saudi…

and

United States

US: Fed underwhelms with another cut

The Federal Reserve has delivered another 25bp rate cut, but has provided a confused message of upwardly revising its GDP forecast despite being concerned…

China

China cuts rates via a new tool

China has cut the one-year loan prime rate, which we think was a result of the very weak August activity data, especially fixed asset investments and…

United Kingdom

Caution grows at Bank of England as Brexit risks linger

The Bank of England's language looks increasingly cautious, emphasising that the prospect of fresh tightening looks more distant. That said, the fact…

Switzerland

Swiss National Bank: More flexibility for more monetary easing

The Swiss National Bank has not changed its key rate, still at -0.75%, but it has changed its tiering system to allow more flexibility in monetary policy…

Norway

Norges Bank hikes rates but signals prolonged pause

With domestic oil-related activity increasing rapidly, the Norwegian central bank has gone against the tide and hiked rates to 1.5%. But amid lingering…

Spain

Spain: New elections in November

Pédro Sanchez, Spain's caretaker prime minister, had until 23 September to find a majority in parliament for his government. But last night it…

BIS FX Survey: No sign of de-dollarization just yet

The BIS has just released its triennial survey of FX turnover. The stand-outs include: a) The dollar has consolidated its position as the world’s…

The Netherlands

Dutch delivering on Draghi’s demands?

ECB President Mario Draghi called upon governments with fiscal space, most notably Germany and the Netherlands, to fiscally “act in an effective and…

Germany

Germany: Green stimulus to the rescue?

This week will show whether Germany can actually do fiscal stimulus