Federal Reserve Governor Chris Waller said Wednesday interest rates should continue to fall in 2025 as inflation cools ...
Executive SummaryWith the BCRP’s easing cycle nearing an end, as the policy rate approaches a neutral level, this week’s decision looks like being a close call, with analysts split between a 25bp cut ...
Wednesday is largely in line with Chair Powell's post-December press conference commentary: further rate cuts are expected if the economy unfolds as expected. But Waller is more forceful on the ...
The firmer greenback price action on Wednesday has further weighed on the South African rand. USDZAR has now advanced 1.4% on the session to a fresh 7-month high.Today’s gains have confirmed a ...
Long end weakness, fiscal worry and the latest round of media speculation surrounding Trump’s tariff preferences promote hawkish repricing for GBP STIRs.BoE-dated OIS now prices ~46bp of cuts through ...
Despite the underlying dollar bid, the underperformance for UK assets has prompted a solid uptick for EURGBP on Wednesday, and a firm break above resistance at 0.8311, the 50-day EMA. We have reached ...
Treasuries have sold off over the past hour as US desks join, lagging sharp downward pressure in Gilts after long end yields broke to fresh multi-decade high. CNN has more recently reported Trump is ...
Kazakhstan has revised oil output targets for 2025 down to 96.2m tons from 97.2m tons, Interfax said citing the Energy Ministry.Kazakhstan previously lowered its planned oil production for 2024 to 87.
Europe’s “green transition” requires additional investments of 2.9% to 4.0% of EU GDP each year until 2030, the European Central Bank said in a paper published on Wednesday.With investment falling ...
Fed Funds implied rates have lifted off overnight lows for back little changed on the day ahead of a solid docket for data and some important Fed commentary. They continue to imply a next rate cut ...
The higher UK yields offering little support to sterling, with the dollar bid gaining further traction and prompting cable to slide the best part of 40pips in recent trade. Momentum picked up through ...
Denmark will ban the use of corn as an energy crop in biogas production to boost sustainability. While the industry can adjust to this ban with minimal impact on overall production, it may face ...