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Forex Short News
Central Banks, Forex Short News

PBOC cuts Loan Prime Rates (LPRs) by 10bp for both 1- and 5-year loans

Posted onMay 20, 2025

The cuts were expected. The People’s Bank of China cut its 7 day reverse repo benchmark rate by 10bp to 1.4% earlier this month. Governor …

Forex Short News
Forex Short News

Akazawa: Japan, U.S. conducted working-level talks on bilateral trade DC on Monday

Posted onMay 20, 2025

Japan economy minister Akazawa: Japan, U.S. conducted working-level talks on bilateral trade in Washington DC on Monday I mentioned yesterday that the election in Japan …

Forex Short News
Central Banks, Forex Short News

More rate cuts coming from Chinese banks – as expected

Posted onMay 20, 2025

Chinese state banks are cutting deposit rates today as previewed earlier: ICYMI – China’s state banks are expected to cut deposit rates today (Tuesday China …

Forex Short News
Forex Short News

USD/JPY jumping higher

Posted onMay 20, 2025

The yen is on the slide. Apart from what has been posted there is no fresh news. I’m trying to have a dig around, it’s …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2112 – Reuters estimate

Posted onMay 20, 2025

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

Forex Short News
Central Banks, Forex Short News

25bp RBA rate cut today is baked in, but here’s what to watch for in the Statement

Posted onMay 19, 2025

A 25bp cash rate cut is almost unanimously expected. The latest set of forecasts I have seen have all analysts look for 25bp but two, …

Forex Short News
Forex Short News

UBS once again recommends “a full strategic allocation” to US equities

Posted onMay 19, 2025

UBS is advising investors to maintain a full strategic allocation to U.S. equities, even after the recent market rally and Friday’s U.S. credit rating downgrade …

Forex News
Forex News

Trump says Russia and Ukraine to start immediate talks on ceasefire

Posted onMay 19, 2025
Forex News
Forex News

Aeva Technologies supplying sensors for Airbus autonomous gate taxi tests

Posted onMay 19, 2025
Forex News
Forex News

Kremlin spokesman: No deadline can be set for Ukraine memorandum

Posted onMay 19, 2025

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