He sticks to the script as we all know by now that a June rate cut is very much a given. That despite the ECB having previously said they wanted to wait on Q1 wages data at the end of this month.
He sticks to the script as we all know by now that a June rate cut is very much a given. That despite the ECB having previously said they wanted to wait on Q1 wages data at the end of this month.
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PBOC is expected to set the USD/CNY reference rate at 7.1081 – Reuters estimate. PBOC CNY reference rate setting for the trading session ahead.
Japan and the US have reaffirmed their agreement not to manipulate FX rates. Yeah, right.
Ex-Goldman CEO Lloyd Blankfein warned the U.S. is “due” for another crisis, pointing to hidden risks in credit markets such as narrow spreads and leveraged private credit. Stays 100% in on equites though.
Saudi Aramco secures $10.3B for Jafurah gas project, boosting reserves & production amid rising global energy demand.
US immigration crackdown risks $350B SK investment. Visa hurdles & raids may deter foreign capital, impacting manufacturing growth.
Peru slashes rates to 4.25% as inflation hits 1.11%! Economic growth at 4.5% may limit further easing.
Bessent will meet with Chinese officials, in Madrid next week US Treasury Secretary Bessent
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