Can we have him back at the ECB?
Can we have him back at the ECB?
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Ontario Teachers' $300M SpaceX stake could hit $11.6B post-IPO, a massive return!
PBOC sets USD/ CNY reference rate for today at 6.8147 (vs. estimate at 6.7809) PBOC CNY reference rate setting for the trading session ahead. Strongest CNY setting since 14 February 2023.
China retail passenger car sales dropped 22.1% year-on-year in May to 1.51 million units, while EVs and hybrids captured a record 62.9% share as high oil prices hammered petrol car demand.
Buy USD/JPY dips on yen intervention, market forces point higher, RBC says Tokyo says it will act, RBC says buy the dip anyway because the market keeps winning.
PBOC is expected to set the USD/CNY reference rate at 6.7809 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.
Japan's economy minister says monetary policy is the BOJ's call but warns rising rates could affect the economy through multiple channels, while citing ongoing capex growth and moderate recovery.
The ECB is expected to raise its deposit rate by 25 basis points to 2.25% on Thursday, with focus on guidance for further hikes as oil-driven inflation risks persist.
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