Official says EU should meet informal Dec 19. deadline for arranging loans to the IMF as part of a crisis-fighting package.
Well-noted buy stops in EUR/USD through 1.3050 have been tripped and we’ve been as high as 1.3075 so far.
Official says EU should meet informal Dec 19. deadline for arranging loans to the IMF as part of a crisis-fighting package.
Well-noted buy stops in EUR/USD through 1.3050 have been tripped and we’ve been as high as 1.3075 so far.
Most Popular
Sponsored
S&P 500, Nasdaq hit records on AI buzz. Micron joins $1T club. 5 AI stocks show buy signals.
The RBNZ is expected to hold its OCR at 2.25% at today's Monetary Policy Statement but deliver a hawkish forecast update, with the terminal rate seen rising to around 3.2% as Iran war energy costs threaten to push inflation above 4%.
Oil falls in early Asian trade on hopes for a US-Iran deal to reopen the Strait of Hormuz, though options data shows unusually low investor conviction and a 37% implied chance of oil above $100 in three months.
UNCONFIRMED - Al Jazeera says a deal is done, signing to come
PBOC is expected to set the USD/CNY reference rate at 6.7883 – Reuters estimate
Ueda's framing of the current Middle East conflict as a fifth oil shock carries direct policy implications for the BOJ's rate path. Acceleration in wages, or further yen weakness tightens BOJ's room to remain accommodative.
Japan April Services PPI (Corporate Services Price Index) 3% y/y (f'cast 3.3%, prior 3.1%)
Sponsored
Must Read