Top Insights
ECB Lowered Interest Rates by 0.25% as Expected in “Hawkish Cut”
As expected, the European Central Bank (ECB) lowered interest rates by 25 basis points but surprisingly dampened the likelihood of further easing soon.
Stellar line up of ECB speakers Friday – Lagarde, Schnabel, Holzmann
Time to sell the rate cut, rolling out the speakers:0800 GMT / 0400 US Eastern time - Participation by ECB board member Isabel...
China small and medium-sized banks have lowered their deposit rates
Shanghai Securities News (Chinese state-backed financial media) with the report.Small and medium-sized banks have lowered their deposit rates, helping to reduce their liability...
FOMC official Cook speaks Friday – won’t be of interest to traders
1600 GMT / 1200 US Eastern time - Federal Reserve Board Governor Lisa Cook gives commencement address before the Girls Global Academy 2024...
WTI extends gains to near $75.50 on hopes of Fed rate cuts following the ECB’s decision
West Texas Intermediate (WTI) Oil price extends its gains for the third session, trading around $75.50 per barrel during the Asian session on...
PBOC sets USD/CNY reference rate at 7.1106 vs. 7.1108 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1106, as against the...
PBOC sets USD/ CNY mid-point today at 7.1106 (vs. estimate at 7.2430)
The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted...
NZD/USD edges higher near 0.6200, Fed rate cut in focus
The NZD/USD pair trades on a stronger note near 0.6195 during the early Asian session on Friday.
Japan’s Suzuki says to consider the effectiveness of intervention
Japanese Finance Minister Shunichi Suzuki said on Friday that he will take action against excessive currency volatility when necessary.
Japan finance minister Suzuki says will take action against excessive FX moves
Japan finance minister Suzuki Need to maintain market faith in Japan's fiscal policy amid shift to interest rates in positive territoryDrop in japan...
