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Mufg sees aggressive boe rate hike amid surging uk inflation; 4 key takeaways

MUFG discusses the possibility of a more aggressive monetary policy tightening by the Bank of England (...

June 21, 2023, 7:48 pm

Singapore fines banks, insurer $2.8m for breaches linked to wirecard case

The monetary Authority of Singapore (MAS) has fined Citibank, DBS Bank, Oversea-Chinese Banking Corp (O...

June 21, 2023, 5:00 pm

The yuan: internationalizing more than meets the eye

The Yuan: Internationalizing More Than Meets the Eye In today’s global economy, the Chinese monetary ...

June 21, 2023, 1:39 pm

Gbpjpy technical analysis

Considering today’s hot CPI report and the recent incredibly strong Employment report with high wage growth, the Bank of England (BoE) will continue...

June 21, 2023, 12:04 pm

Forexlive european fx news wrap: sterling goes for a ride as uk inflation stays hot

Headlines:UK May CPI +8.7% vs 8.4% y/y expectedHot UK inflation continues to vindicate higher BOE ratesPound spike on inflation data fairly short-live...

June 21, 2023, 11:49 am

Chinese yuan price outlook: pboc cuts rates, leaving yuan vulnerable

The Chinese yuan has depreciated against the dollar and pound sterling as accommodative monetary policy...

June 21, 2023, 11:07 am

Cac 40 subdued on china concerns

French stocks were subdued on Wednesday as investors awaited Fed Chair Jerome Powell’s remarks in front of Congress later in the day for clues on th...

June 21, 2023, 9:04 am

Gold prices remain under pressure as powell strikes hawkish tone in first day of testimony before congress

(Kitco News) - The gold market is taking in stride hawkish comments from Federal Reserve Chair Jerome Powell during the first day of his Semiannual ...

June 21, 2023, 8:57 am

Oil steadies ahead of testimony by fed's powell

Oil futures steadied early Wednesday as investors awaited congressional testimony by Federal Reserve Chair Jerome Powell amid worries over tightening ...

June 21, 2023, 8:05 am

Boj ueda: will patiently maintain easy monetary policy

In his address to the annual trust association’s meeting, BoJ Governor Kazuo Ueda highlighted the central bank’s commitment to maintaining accommo...

June 21, 2023, 7:24 am

Boj's ueda: will patiently maintain easy monetary policy to achieve 2% inflation target

Japan consumer inflation likely to slow towards middle of current fiscal yearJapan economy is picking upYen bulls have been growing increasingly frust...

June 21, 2023, 6:43 am

European shares seen tad higher in cautious trade

European stocks may open on a positive note Wednesday as traders look ahead to remarks by Fed Chair Jerome Powell and several other Fed officials for ...

June 21, 2023, 5:36 am

Boj adachi: appropriate to continue monetary easing with ycc

BoJ board member Seiji Adachi voiced support for continued monetary easing amid a climate of significan...

June 21, 2023, 4:29 am

Forexlive asia-pacific fx news wrap: offshore yuan weakens past 7.20 briefly

China to continue to tax cut & exemption policies for NEV purchases in the next 4 yearsFederal Reserve Chair Powell testifies Wednesday, 21 June. Mest...

June 21, 2023, 2:55 am

Federal reserve chair powell testifies wednesday, 21 june. mester, goolsbee speak also.

Powell will be questioned in the Senate today. I suspect the two focal points of questioning will be why a pause in June and what will he do in July. ...

June 21, 2023, 1:55 am

Boj's adachi says inflation has risen faster than i expected

Seiji Adachi is Member of the Policy Board of the Bank of Japan.inflation has risen faster than I expectedits too early to tweak ...

June 21, 2023, 1:32 am

Boj minutes show belief that current monetary policy easing should be maintained (d'uh)

Bank of Japan April 2023 meeting MinutesHeadlines via Reuters: A few members pointed out that past price increases in commodities and raw materials co...

June 20, 2023, 11:52 pm

Usd/jpy bulls to retarget 143 on hawkish day 1 powell testimony

It is a quiet day for the USD/JPY, with central banks back in focus. the BoJ monetary policy meeting mi...

June 20, 2023, 10:40 pm

Strong us housing report and restrictive monetary policy by fed pressure gold lower

Chairman’s Powell upcoming testimony coupled with a report revealing strong economic growth has created continuous bearish market sentiment for gold...

June 20, 2023, 10:06 pm

Oil extends declines on china growth woes, firmer dollar

Oil prices weakened on Wednesday, extending falls to a third straight day, as the dollar strengthened on a U.S. housing market recovery while fears pe...

June 20, 2023, 8:52 pm


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