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US Treasury Secretary Bessent Hints at Possible BoJ Rate Hike
US Treasury Secretary Scott Bessent's remarks during a CNBC interview indicate that the Bank of Japan may be preparing for a rate hike, particularly in light o…
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Federal Reserve official Paulson expresses a strong stance on the necessity to combat inflation, citing a range of 2.4-2.8% for underlying inflation. He acknowledges the challenges of the current economic landscape, including the impact of AI advancements and stock market fluctuations.
Read storyUS Treasury Secretary Scott Bessent's remarks during a CNBC interview indicate that the Bank of Japan may be preparing for a rate hike, particularly in light o…
The U.S. dollar shows mixed performance against major currencies in early trading, with notable declines against the Australian and New Zealand dollars. Treasu…
Federal Reserve official Paulson indicates that underlying inflation is still too high, despite a stable job market. She supports maintaining an open mind rega…
The recent joint intervention by the US and Japan has sparked discussions regarding its potential impact on the yen, with analysts suggesting it could mark a t…
Former Bank of Japan official Takeuchi asserts that the recent joint intervention by the US and Japan has effectively deterred market speculation regarding a c…
UBS maintains a constructive outlook for global markets, citing strong earnings growth and cooling inflation as key factors that could support equities. The ba…
The People's Bank of China (PBOC) has set the central rate for the USD/CNY at 6.7917, which is higher than the market estimate of 6.7595. The PBOC also injecte…
Federal Reserve Chair Kevin Warsh is reportedly contemplating a significant reduction in the number of policy meetings held annually, potentially cutting the c…
HSBC forecasts continued strength for the US dollar, driven by widening interest rate differentials and resilient US economic performance. The bank's outlook r…
The Atlanta Federal Reserve has revised its GDPNow growth estimate for the third quarter of 2026 to 6.2%, up from a previous estimate of 5.0%. This adjustment…
The Indian Rupee has gained strength following a coordinated dollar-selling intervention by Japan and South Korea, coupled with a lack of hawkish surprises fro…
Federal Reserve Bank of New York President John Williams stated that while the Fed is aware of current market pricing, it is not obligated to align its policy…
Today's economic agenda features final manufacturing PMIs for major Eurozone economies and the UK, alongside Switzerland's CPI report. Market reactions are exp…
A Reuters poll indicates that 68 out of 72 economists expect the Reserve Bank of India to keep interest rates unchanged this week, as inflation remains within…
The People's Bank of China (PBOC) has set the USD/CNY reference rate at 6.7898 for today, exceeding market expectations of 6.7364. The central bank continues t…
The People's Bank of China (PBOC) is anticipated to announce the USD/CNY reference rate at 6.7364, reflecting ongoing market dynamics and economic consideratio…
Japan's Vice Minister of Finance for International Affairs, Atsushi Mimura, characterized the recent joint yen intervention with the United States as a signifi…
JP Morgan's analysis indicates that the US Treasury has limited resources to support coordinated yen intervention with Japan. While unconventional measures cou…
US Treasury Secretary Scott Bessent and Japan's Ministry of Finance have confirmed their joint intervention in the yen's foreign exchange market, pledging to t…
Japan's Finance Minister Satsuki Katayama is expected to announce on Monday that Tokyo and Washington have conducted a joint currency intervention to halt the…
Broader US stock indices ended the day on a positive note, with the Dow Jones, S&P 500, and Nasdaq all closing higher. The Japanese yen strengthened amid specu…
Broader US stock indices ended the week positively, while the Japanese yen gained strength amid intervention speculation. The Federal Reserve's dissenting voic…
Richmond Fed President Thomas Barkin stated that determining whether interest rates are sufficiently high remains a 'close call.' He refrained from commenting…
European equities ended the week on a positive note, with most major indices posting modest gains. The FTSE MIB led the region, while the UK's FTSE 100 was the…
The AUD/USD currency pair has experienced significant fluctuations this week, with recent trading showing a retracement of gains. Despite a temporary decline,…
The USDCAD currency pair is experiencing a rebound today, reversing declines from earlier in the week. This movement comes amid rising U.S. Treasury yields, wh…
Lorie Logan, President of the Dallas Federal Reserve, has voiced her dissent regarding the recent FOMC rate decision, advocating for a quarter-point rate hike…
The Federal Reserve Board has announced a request for public comment on a proposal intended to modernize the regulatory rules governing mutual banking organiza…
The Federal Reserve Board has announced a request for public comment on a proposal to update its regulations concerning the extension of credit to bank insider…
The U.S. dollar has strengthened at the start of the North American trading session, recovering from previous declines following a significant drop in USDJPY a…
Federal Reserve officials Neel Kashkari and Michelle Hammack have articulated their dissenting views from the recent FOMC meeting, advocating for a 25 basis po…
Eurozone inflation has edged up in July, prompting speculation about future ECB rate hikes. Meanwhile, the Bank of Japan holds rates steady, with Governor Ueda…
Recent central bank meetings and economic data releases have led to a slight dovish repricing in interest rate expectations globally. Key updates include uncha…
Martin Kocher of the European Central Bank underscores the necessity of a data-dependent approach to monetary policy, particularly in light of geopolitical unc…
In July, the euro area's annual inflation rate increased to 2.9%, surpassing the previous month's 2.8% estimate. Core inflation also rose to 2.5%, prompting sp…
Italy's preliminary Consumer Price Index (CPI) for July has been reported at 2.8% year-on-year, aligning with market expectations. This figure indicates a slig…
The US dollar experienced broad weakness following stealth interventions from Japan and South Korea, leading to significant volatility in USD/JPY. As geopoliti…
Bank of Japan Governor Kazuo Ueda has stated that the central bank will conduct monetary policy carefully to avoid falling behind the curve, particularly as un…
Preliminary data for July shows France's consumer price index (CPI) rising by 2.1% year-on-year, surpassing expectations of 1.8%. The harmonized index of consu…
