Stocks, Step Aside. Bonds Are the Adult in the Room.
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Read MoreAnalysts at ING believe markets are underestimating how far the Bank of Japan (BoJ) could eventually raise interest rates, citing signs of structural change in Japan’s economic landscape—including sustained wage growth and rising asset prices. In a note this week, ING argued that while the near-term policy rate…
Read MorePeople’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 yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows…
Read MoreAustralian February building permits -0.3% m/m expected -1.5%, prior +6.3% +25.7% y/y prior +21.7% *** After some optimism on this earlier: Bessent says Trump will announce a maximum for tariffs, countries can then bring them down that saw AUD trade a little higher, topping just over 0.6290 a…
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