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Business
Suzuki: Exchange Levels Reflect U.S.-Japan Interest Rate Differential
High Risk Warning: Foreign exchange trading involves a high level of risk which may not be suitable for all investors.…
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Business
WSJ Timiraos: “The dream of a Fed rate cut is fading away”
WSJ’s Timiraos publishes an article titled “Dreams of Fed Rate Cuts Fading.” A summary of the article says: Fed Chairman…
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Business
ANZ sticks to its forecast of an RBA interest rate cut in November 2024
High Risk Warning: Foreign exchange trading involves a high level of risk which may not be suitable for all investors.…
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Business
People’s Bank of China sets USD/CNY benchmark rate for today at 7.1058 (vs. estimate of 7.2472)
The People’s Bank of China has set the onshore yuan (CNY) benchmark rate for the upcoming trading session. USD/CNY is…
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Business
People’s Bank of China expected to set USD/CNY benchmark rate at 7.2472 – Reuters estimate
The People’s Bank of China’s USD/CNY benchmark rate is expected around 01:15 GMT. The People’s Bank of China (PBOC), China’s…
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Business
Australia’s inflation nightmare – Australia’s inflation rate is the highest in the world
Analysts at a major Australian investment bank, Barrenjoey Capital Partners, point out that Australia’s recent inflation performance is about the…
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Business
Czech central bank deputy governor considers rate cut, possibly by up to 50 basis points, at next meeting
Czech National Bank Deputy Governor Eva Zamrazilova said the bank could cut interest rates by 25 or 50 basis points…
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Business
S&P 500 earnings rate surprises at highest level since third quarter of 2021
An excerpt from UBS analysts on US stocks, seeking the strongest quarterly profit growth in more than two years. UBS…
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Business
Nagel (ECB): June rate cut is not necessarily followed by a series of rate cuts
Services inflation remains high, driven by continued strong wage growth Not entirely convinced that inflation will actually return to target…
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Business
Less than half of analysts expect BoE rate cut in June
Reuters poll on Bank of England expectations. 63 economists interviewed: 31 see June cut 30 see Q3 2 say November…
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