The Backroom Brief 14 issues since 1 September 2026

Coming up

These are the events the Thursday, 17 September 2026 issue was watching, leaving out any whose date has already passed.

  1. Thu 17 Sep

    • Bank of England decision

      Bank Rate 3.75 percent going in, three of nine dissented for a hike last time, one day after inflation rose to 3.1 percent. Priced expectations disagree across venues and no single probability is printed here.

    • US ten-year inflation-protected reopening

      $19 billion. The confirm and kill on the supply card both resolve on the dealer share.

    • Philadelphia Fed, jobless claims, housing starts

      First activity data after the decision.

  2. Fri 18 Sep

    • Bank of Japan decision

      Guideline around 1.00 percent going in. A quarter point would be the highest since 1995. Dollar-yen at 155.80 with officials already talking about orderly moves.

    • Weekly options expiry

      Bitcoin max pain 77,500, ether 2,500, both above spot.

  3. Fri 25 Sep

    • Swiss National Bank decision

      Policy rate 0.00 percent, 40 of 41 economists expect no change.

    • Large options expiry

      About $14.32 billion of bitcoin notional, max pain 72,000, roughly 5.8 percent below spot.

  4. Mon 28 to Tue 29 Sep

    • Reserve Bank of Australia decision

      Cash rate 4.35 percent, already above the new US range.

  5. Wed 30 Sep

    • US funding deadline, European review closes, UK gateway opens

      Floor time for any crypto reconsideration competes directly with funding.

  6. Wed 28 Oct

    • FOMC and Bank of Canada

      One more increase priced at 55.1 percent on futures against 46.0 on the prediction venue.

  7. Thu 29 Oct

    • European Central Bank

      Deposit rate 2.50 percent after the 10 September increase.