Australia's CBA sees no more rate cuts from RBA, cash rate at 3.6% for an extended time to come.
Earlier:
Australia's CBA sees no more rate cuts from RBA, cash rate at 3.6% for an extended time to come.
Earlier:
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China will issue 15.5bn yuan ($2.3bn) in offshore bonds in Hong Kong on April 22, marking its largest CNH sale since October 2023 and supporting yuan liquidity amid global market volatility.
Goldman Sachs’ FICC revenue fell 10% as Iran war-driven volatility hit its rates desk, with losses on positions held during market swings, while rivals posted strong gains from heightened trading activity.
PBOC is expected to set the USD/CNY reference rate at 6.8190 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.
White House officials are urging major oil companies to boost output as Iran conflict-driven supply disruptions push crude above $100 and lift US gasoline prices, adding pressure ahead of midterm elections, Politico reports.
The Pentagon is in talks with US automakers and manufacturers to boost weapons production as conflicts in Ukraine and Iran deplete stockpiles, in a push to expand the defence industrial base, WSJ reports.
Japan's Finance Minister Katayama said to intensify communication with Bessent Dropping the B word in is more forceful verbal intervention
ECB officials are leaning toward holding rates in April, opting to wait for clearer evidence on the Iran war’s impact, even as markets continue to price further rate hikes later this year, Bloomberg reports.
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