Dutch ECB Governing Council member Klaas Knot expressed agreement with market expectations for rate cuts at the January and March meetings, saying he is “pretty comfortable” with them. However, he added it is “too early to comment” on further cuts beyond March.
Wed, 22 Jan 2025 03:11:21 -0500
South Africa Consumer Price Index (MoM) rose from previous 0% to 0.1% in December
Wed, 22 Jan 2025 03:00:50 -0500
South Africa Consumer Price Index (YoY) climbed from previous 2.9% to 3% in December
Wed, 22 Jan 2025 03:00:44 -0500
Westpac Leading Index for Australia dipped slightly in December, moving from 0.33% to 0.25%. Westpac noted that while the growth signal remains modest, it reflects a marked improvement from the consistently negative and below-trend readings observed over the past two years.
Wed, 22 Jan 2025 02:58:36 -0500
European Central Bank policymaker Klaas Knot on Wednesday backed market bets on interest rate cuts at the ECB's next two meetings but said the path further ahead was more uncertain, also given a likely new U.S. trade policy under President Donald Trump.
Wed, 22 Jan 2025 02:47:27 -0500
New Zealand's CPI rose 0.5% qoq in Q4 2024, in line with expectations, as tradeable inflation increased 0.3% qoq and non-tradeable inflation rose 0.7% qoq. Annually, CPI was unchanged at 2.2% yoy, slightly exceeding the anticipated 2.1% yoy.
Wed, 22 Jan 2025 02:46:36 -0500
The Pound Sterling (GBP) ticks lower against the US Dollar (USD) in Wednesday's London session but still holds onto Tuesday's gains above the key support level of 1.2300. The GBP/USD pair edges lower as the US Dollar recovers slightly, with the US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, edging higher from its two-week low of 107.90.
Wed, 22 Jan 2025 02:46:11 -0500
Consumer prices rose by 0.5% in the December quarter. That saw annual inflation remaining at 2.2%.
Wed, 22 Jan 2025 02:36:28 -0500
European Central Bank (ECB) policymaker and a hawk Klaas Knot noted on Wednesday that he “sees little obstacle to another rate cut next week.”
Wed, 22 Jan 2025 02:06:34 -0500
United Kingdom Public Sector Net Borrowing above forecasts (£13.4B) in December: Actual (£17.811B)
Wed, 22 Jan 2025 02:01:03 -0500
Market eyes natural gas and oil prices as geopolitical risks mount. Can support levels hold, or will bearish momentum push prices lower this week?
Wed, 22 Jan 2025 00:38:22 -0500
The dollar is marginally higher on the day but the changes are relatively light overall. The euro is down slightly as Trump threatens tariffs but on the week itself, the single currency is holding up rather nicely.
Wed, 22 Jan 2025 00:20:20 -0500
Welcome to today's edition of Trump tariff talk watch! It sure seems that way.
Tue, 21 Jan 2025 23:45:09 -0500
China's Ministry of Industry and Information Technology (MIIT) announced plans to introduce new growth initiatives for 10 key industries while expanding support for major industrial provinces and cities, officials stated on Tuesday.
Tue, 21 Jan 2025 23:19:46 -0500
Major companies have already committed to substantial salary increases, strengthening the case for the Bank of Japan (BOJ) to raise interest rates later this week.
Tue, 21 Jan 2025 22:01:42 -0500
The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian peers, following which it is expected to have to contend with demand for the U.S. dollar from importers and speculators.
Tue, 21 Jan 2025 21:59:44 -0500
The Japanese Yen (JPY) edges lower against its American counterpart during the Asian session on Wednesday, though it remains close to over a one-month peak touched the previous day. The JPY continues to draw support from firming expectations that the Bank of Japan (BoJ) will hike interest rates on Friday.
Tue, 21 Jan 2025 21:29:50 -0500
New Zealand's consumer price inflation came in slightly above expectations in the fourth quarter of 2024, rising 0.5% quarter-on-quarter and holding steady at 2.2% annually.
Tue, 21 Jan 2025 21:23:00 -0500
These Taiwanese islands are super-close to the mainland. Reports that the undersea cables linking the isl This article was written by Eamonn Sheridan at www.forexlive.com.
Tue, 21 Jan 2025 21:17:37 -0500
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) on Wednesday. The AUD/USD pair faces challenges as US President Donald Trump announced that his administration is considering imposing a 10% tariff on Chinese imports starting February 1.
Tue, 21 Jan 2025 21:13:13 -0500