News

image
26 Jun 2024 09:21

ECB/Rehn: It is reasonable to expect two more rate cuts this year

Daily News

European Central Bank (ECB) member Rehn sees two more rate cuts in 2024 as reasonable. Olli Rehn, a member of the Governing Council of the European Central Bank a...

Read More
image
26 Jun 2024 09:20

Horizontal trend in oil

Daily News

Oil prices were flat after falling on Tuesday as industry reports showed a small increase in U.S. crude inventories ahead of official data. Brent traded above $85...

Read More
image
26 Jun 2024 09:19

OECD issues monetary policy warning for US economy

Daily News

The Organization for Economic Co-operation and Development (OECD) warned that easing monetary policy too quickly in the US risks inflation remaining persistently ...

Read More
image
26 Jun 2024 09:18

IMF maps world's AI readiness

Daily News

The International Monetary Fund (IMF) study revealed that countries are at different stages of readiness to take advantage of the potential benefits of artificial...

Read More
image
25 Jun 2024 09:11

Bitcoin continues to surge since spot ETF approval

Daily News

It was the biggest outflow in a two-week period since U.S. exchange-traded funds approved a bitcoin spot ETF in January. Bitcoin saw outflows of nearly $600 milli...

Read More
image
25 Jun 2024 09:10

Oil maintains gains

Daily News

Oil held on to gains as investors weighed rising geopolitical tensions. Oil held on to gains as investors weighed the potential impact of rising geopolitical tens...

Read More
image
25 Jun 2024 09:09

Yellen announces new steps to reduce housing costs

Daily News

US Treasury Secretary Janet Yellen announced that an additional $100 million program will be established over the next three years to support affordable housing f...

Read More
image
25 Jun 2024 09:09

Fed's Daly: Inflation not the only risk

Daily News

San Francisco Fed President Mary Daly warned about the risk in the labor market, stating that inflation is not the only risk. San Francisco Fed President Mary Dal...

Read More
image
25 Jun 2024 09:08

Yen continues to fall

Daily News

Despite messages of support from Japanese authorities, the yen continues to weaken and positioning in options markets suggests further declines are expected. The ...

Read More
image
24 Jun 2024 09:36

Neutral interest rate expectations in the US

Daily News

While neutral interest rate expectations are prominent in the US, it is also evaluated that the level of interest rates may prevent the rise in bond markets. Whil...

Read More
image
24 Jun 2024 09:29

Oil continues to fall

Daily News

Oil prices fell for a second session despite markets’ risk-off stance and increased attacks on ships off Yemen. Brent crude approached $85 a barrel and U.S. crude...

Read More
image
24 Jun 2024 09:28

Yen promises 24-hour intervention

Daily News

Japan’s currency officer Masato Kanda said they were ready to intervene in money markets 24 hours a day if necessary. Despite Kanda’s statements, the yen continue...

Read More
image
24 Jun 2024 09:27

Return to long-term emerging market bonds

Daily News

Investors in emerging markets (EM) began returning to long-term bonds, a popular investment vehicle late last year but one that has been costing them money in ear...

Read More
image
24 Jun 2024 09:26

China wants EU to cancel tariffs on electric vehicles

Daily News

China wants the EU to lift tariffs on Chinese electric vehicle imports by July 4. Beijing wants the European Union to lift preliminary tariffs on Chinese electric...

Read More
image
13 Jun 2024 09:35

Bond market diverges from Fed projections again

Daily News

Bond markets are pricing in expectations of more rate cuts from the Fed, also influenced by the CPI data. Although Fed projections now call for fewer rate cuts th...

Read More
image
13 Jun 2024 09:34

ECB hawk emphasizes core inflation

Daily News

Bundesbank President Joachim Nagel said that core inflation in the Eurozone is sticky. The hawkish member of the European Central Bank, Bundesbank President Joach...

Read More
image
13 Jun 2024 09:33

Fed announced its interest rate decision, signaled a reduction for this year

Daily News

The US Federal Reserve (Fed) announced its eagerly awaited interest rate decision. In line with expectations, the Fed kept the policy rate unchanged at the highes...

Read More
image
13 Jun 2024 09:32

Moscow Stock Exchange ends dollar and euro transactions

Daily News

The Moscow Stock Exchange announced that transactions in dollars and euros will be terminated as of June 13 due to US sanctions. In a written statement from the M...

Read More
image
13 Jun 2024 09:30

US consumer prices unchanged in May

Daily News

The US Consumer Price Index (CPI) remained unchanged in May. The country's core CPI, which excludes variable energy and food prices, increased by 0.2 percent mont...

Read More
image
13 Jun 2024 09:29

EU to impose additional tax on Chinese electric vehicles

Daily News

The European Union (EU) has announced that it will impose additional customs duties ranging from 17.4 percent to 38.1 percent on electric vehicles produced in Chi...

Read More
image
12 Jun 2024 09:32

More restrictions on China's access to chip technology

Daily News

The Biden administration is aiming to restrict China’s access to chip hardware that is just beginning to enter the market. According to people familiar with the m...

Read More