【期貨盯盤神器專屬文章】巴西播種季信貸斷崖式下跌，農業不良債務猛增，高利率下金融機構惜貸！新季豐產預期正遭遇怎樣變數？

DALY: Strong labor market gives the Fed room to complete its task of curbing inf.

Crédit Agricole CIB notes the Bank of England hiked 25bp to 4% in November, with a sole dissenter seeking a larger move — a hawkish signal. The BoE raised inflation forecasts for this year and early next, upgraded 2026–27 growth forecasts and lowered its 2028 outlook. Governor Bailey indicated further tightening remains possible, while the Bank emphasised rates are already restrictive and this is not the start of a new hiking cycle. Markets still price additional hikes, keeping sterling among the higher-yielding G10 currencies, but UK rates markets have largely priced in three further hikes and much of the positive effect is reflected in the exchange rate. Near-term sterling upside will require continued upside surprises in UK data; focus next week on September GDP and speeches by Bailey and other officials.