BoE, BoJ and RBA After last week's U-turn by BoE, ferocious defence by BoJ of its currency, RBA surprised the market tonight by hiking only 25bps where 50bps was widely accepted.
Three central banks that aren't that hawkish anymore. Is the wind changing for BoC and Fed as well?
Time to load up stocks given the seasonality of fourth quarter, and these changing winds?