Trial now
USDCAD TECHS

Pullback Considered Corrective

AUDUSD TECHS

Holding Above Recent Lows

US EURODLR OPTIONS

BLOCK, Large 3Y Midcurve Put Condor

EURJPY TECHS

Strong Bounce

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Via Bloomberg article:

  • Upside inflation surprises and increasing external imbalances led to the new estimate, Itau says in note to clients.
  • Tightening cycle likely to start with a 25-bp rate increase, but bigger hikes are expected thereafter, culminating with rates at 4.75% in 2022.
  • Inflation estimate raised to 5.2% in 2021, +80 bps from previous scenario.
    • For 2022, inertia could lead inflation to 3.5% by the end of the year; previous estimate was 3%