Japan finance minister Kato speaking in parliament: sees inflationary conditions as prices rise further deflation has not yet ended This article was written by Eamonn Sheridan at www.forexlive.com.
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Read MoreThe Bank of England (BoE) is expected to cut interest rates by 25bp at its meeting today, Thursday, February 6, 2025. This will be the third cut of the cycle so far. The Bank’s Monetary Policy Committee is pondering a weak economy with nevertheless persistent inflation (inflation was…
Read MoreJefferson spoke yesterday and hasn’t changed his views since! Fed’s Jefferson says there is no need to hurry further rate cuts This article was written by Eamonn Sheridan at www.forexlive.com.
Read MoreEarlier: JP Morgan see a much weaker Chinese yuan due to Trump tariffs, PBoC to step in ** 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 the daily midpoint of the…
Read MoreA new Lenovo-commissioned study conducted by IDC reveals that global organizations are significantly increasing AI investments, but concerns over return on investment (ROI) remain a primary barrier to broader adoption. The 2025 CIO Playbook: It’s Time for AI-nomics reports that AI spending is expected to nearly triple in…
Read MoreRepeating this from yesterday as a heads up ICYMI. Bank of Japan Board Member, Tamura Naoki at a meeting with local leaders in Nagano at 9.30 am Tokyo time: at 0030 GMT / 2030 US Eastern time Back in December 2024 Naoki Tamura proposed raising rates to 0.5%,…
Read MoreGoldman Sachs has pushed back against concerns that the dominance of the US equity market, particularly within the technology sector and among a handful of leading companies, signals the formation of a financial bubble. In its latest market commentary, the investment bank argued that the current strength of…
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Read MoreJP Morgan has reaffirmed its baseline assumption that the United States will raise tariffs on Chinese goods to 60%, signalling expectations of further escalation in the ongoing trade conflict between the world’s two largest economies. In its latest assessment, the investment bank stated that while it continues to…
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