A rate cut from China - that's a hefty cut from the Bank
Another central bank rate cut. Aimed at supporting economies in the wake of the coronavirus outbreak and containment response.
The impact 'should' be supportive for risk assets.
Another central bank rate cut. Aimed at supporting economies in the wake of the coronavirus outbreak and containment response.
The impact 'should' be supportive for risk assets.
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The yen hit a 40-year low near 162.75+ per dollar as US Treasury yields jumped and traders lifted Fed September hike bets to 67% from 20.5% a month ago. Intervention Friday?
Australia May 2026 Building Permits -1.1% m/m (expected 1.0%, prior –3.4%)
Yen hits 40-yr low, Dow futures dip after strong H1. Asian stocks rally on AI chip boom.
PBOC sets USD/ CNY mid-point today at 6.8067 (vs. estimate at 6.7795) PBOC CNY reference rate setting for the trading session ahead.
MUFG: Japan's FX warnings fall short of signalling imminent yen intervention Tokyo is talking tough on the yen again, but MUFG doesn't think it's ready to act just yet.
Egg producers settle price-fixing claims for $3.3M & 53M eggs. Watch for supply impacts.
Gold faces its worst quarter in 13 years amid Fed hikes & strong dollar. Watch for a 'death cross' signal.
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