Fed Governor Cook Q&A now, signalled patience is warranted, saying policy is mildly restrictive and inflation progress remains insufficient to justify any near-term move. Earlier …
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
Fed Governor Cook signalled a clear bias against near-term rate cuts, saying inflation risks remain skewed to the upside despite a stabilised labour market. Summary: …
The ECB is set to stay firmly on hold this week, with Deutsche Bank expecting domestic resilience to keep policy unchanged through 2026. Summary: ECB …
Barclays warns the US dollar faces growing downside risks as markets price a rising risk premium despite US economic strength. Summary: Barclays sees a rising …
Nvidia’s AI chip sales to China remain in limbo as Washington weighs national security safeguards against the risk of pushing buyers toward foreign rivals. Summary: …
Oil prices swung sharply as Iran and the US played diplomatic phone tag, with reports of cancelled talks driving gains before confirmation of Friday talks …