Coming up at 1430 GMT/1030 US Eastern time:
- Bank of England interest rate policy setter Catherine Mann peaks in a panel discussion in New York
The Bank of England is still set on hiking rates. Mann is not a dove.
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Bank of England Monetary Policy Committee member Mann speaks Friday
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- EU strikes provisional deal to cut US tariffs ahead of Trump's July 4 deadline
- PBOC sets USD/ CNY central rate at 6.8397 (vs. estimate at 6.8072)
- The People's Bank of China has left its Loan Prime Rates (LPR)s unchanged for the 12 month
- Preview: Australia April jobs data eyed as AUD rally and RBA rate path hang in balance
- China to scrap SME loan targets in shift toward market-driven credit, report says
- PBOC is expected to set the USD/CNY reference rate at 6.8072 – Reuters estimate
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The EU has struck a provisional agreement to implement its Turnberry trade deal with the US, paving the way for duty cuts on American goods before Trump's July 4 deadline and averting the threat of higher US tariffs on European products.
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PBOC sets USD/ CNY central rate at 6.8397 (vs. estimate at 6.8072)
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The People's Bank of China has left its Loan Prime Rates (LPR)s unchanged for the 12 month. 1 year LPR at 3%, 5 year at 3.5%, both unchanged again.
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