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Scotiabank forecasts the Bank of Canada will hike interest rates by 25 basis points in December. Stronger economic growth, rebounding exports, and firm oil prices reinforce the case for policy tighte…
The European Central Bank raised key interest rates by 25 basis points, lifting the deposit facility rate to 2.50%. Driven by Middle East conflict and rising energy costs, the ECB lifted medium-term …
The European Central Bank raised its benchmark interest rate by 25 basis points to 2.50% to combat inflation driven by oil surging above $100 per barrel amid Middle East conflict. Despite higher borr…
Crude oil surged following renewed Middle East escalation, raising energy-led inflation concerns. J.P. Morgan noted that higher oil and gas prices keep expectations for further ECB policy tightening …
The euro trimmed losses toward $1.162 after the ECB raised interest rates as expected. The central bank lifted inflation forecasts for 2027 and 2028, alongside upgraded GDP projections for 2026 and 2…
The New Zealand dollar hovered near six-week lows around $0.585 amid a dovish shift in RBNZ policy expectations. Policymakers have grown increasingly concerned over economic growth, dampening October…
European markets closed little changed on Friday amid cautious sentiment driven by geopolitical tensions and central bank rate hike fears. The DAX edged up 0.17%, supported by a 6.5% rally in Volkswa…
The New Zealand dollar stabilized around $0.585 after sharp losses driven by the RBNZ's dovish forward guidance. Despite delivering an expected 25 bps rate hike, policymakers highlighted high uncerta…
The New Zealand dollar dropped 1% to near $0.585, a three-week low, despite the RBNZ delivering an expected 25 bps rate hike to 2.75%. The central bank signaled only one additional hike this year, tr…
Rising oil prices and lingering inflation pressures from geopolitical conflict are driving Treasury yields higher and fueling expectations for Federal Reserve interest rate hikes. JPMorgan strategist…
Jefferies reports soaring gold prices have significantly boosted Indian household wealth to $3.9 trillion by March 2026. This 'wealth effect' supports rural consumption and the gold loan market, desp…
The US Federal Reserve adopted a hawkish tone, signaling a potential September rate hike, boosting the dollar. Rising Brent crude prices and the end of a major RBI dollar deposit scheme in India add …
The New Zealand dollar rose on Friday, supported by strong expectations that the Reserve Bank will continue tightening monetary policy this year, with a rate hike widely anticipated next week.
Japan executed a record 15.4 trillion yen ($96 billion) intervention between late July and late August to bolster the yen, reversing its slide to multi-decade lows against the dollar. The unprecedent…
The GER40 traded slightly higher, supported by tech stocks following Nvidia's strong outlook and AI optimism. However, gains were limited as investors await the Jackson Hole symposium and Fed guidanc…
The IMF reports the global economy is managing the energy shock better than expected, balanced against AI growth. However, risks remain from inflation, high debt, and potential energy price spikes, c…
The Australian dollar hit a fresh three-month high as hotter-than-expected July inflation data fueled market expectations of an RBA interest rate hike as early as next month. Major banks revised thei…
The Japanese yen steadied as markets price in an 87% chance of a 25bps BOJ rate hike in September, up from 23% post-July meeting. Former board member Adachi warned of a yen selloff if rates aren't hi…
Gold and silver retreated slightly on Tuesday as traders took profits ahead of key U.S. inflation data and a speech by Fed Chair Warsh. However, the broader outlook remains bullish due to Treasury bu…
The New Zealand dollar traded near three-month highs around $0.597 as easing Middle East tensions boosted risk appetite. Anticipation of a 25-basis-point RBNZ rate hike next week provides further ups…