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- 'While we never say never', bank's decision is not to cut rates again
In some convoluted comments that were first misinterpreted, incoming BOC Governor Tiff Macklem said the same thing.
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BOC's Lane says doesn't think a further rate cut advisable
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Bank of Japan leaves its short term rate at 0.75%, as expected
- Bank of England rate decision may spring a split vote surprise, HSBC warns
- Morgan Stanley sees dollar risks skewed to downside as energy shock sensitivity fades
- Iran has 22 days of storage left as naval blockade drives exports to near collapse
- PBOC sets USD/ CNY reference rate for today at 6.8589 (vs. estimate at 6.8282)
- Foreign carmakers warn cheap models face U.S. exit without USMCA deal
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