Reserve Bank of India rate cut by 25bp BOJ likely to hike in December, Bloomberg says; yen jumps on report PBOC reins in yuan strength, …
Category: Forex Short News
Repo rate cut to 5.25% from 5.5% Marginal Lending Facility Rate lowered by 25bps to 5.50% Standing Deposit Facility Rate to 5.00% Governor Malhotra of …
The Bank of Japan is said to be leaning toward a rate hike at its December meeting, while keeping the option open for further tightening, …
The People’s Bank of China appears to be pushing back against market expectations for the yuan to strengthen beyond the 7.00 psychological level, signalling that …
USD/INR opened slightly lower on Friday at 89.84, easing from Thursday’s record high of 90.42 as traders position ahead of the Reserve Bank of India’s …
Shares of Moore Threads, the Beijing-based GPU designer dubbed “China’s Nvidia”, surged more than 400% on their Shanghai debut after the company raised $1.1 billion …
PM Sanae Takaichi is attempting to calm markets after unveiling a $137bn stimulus plan that raised concerns about fiscal sustainability. Japan faces rising long-end bond …
The scramble for copper assets is being driven by a powerful demand outlook for a metal that already underpins construction, transport and electronics—and is now …
SoftBank CEO Masayoshi Son is finalising plans with the White House and the U.S. Commerce Department for a sweeping industrial project that could channel hundreds …
A Reuters opinion piece is bullish gold. It’s a long and detailed piece, I’ve summarised below: Gold’s Surge: Bubble or Paradigm Shift? Gold is up …