PBOC is expected to set the USD/CNY reference rate at 6.8190 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
White House urges oil CEOs to pump more as prices surge
Summary:The White House is urging major US oil companies to ramp up production to ease surging fuel prices.
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Pentagon explores automaker role to boost weapons production
The Pentagon is in talks with US automakers and manufacturers to boost weapons production as conflicts in Ukraine and ...
Japan’s Finance Minister Katayama said to intensify communication with Bessent
Japan finmin Katayama:
Regarding exchange rates, agreed to further intensify communication with US Treasury Secre ...
ECB officials lean toward April rate hold amid Iran war uncertainty
ECB officials are leaning toward holding rates in April, opting to wait for clearer evidence on the Iran war’s impact ...
IMF says BOJ can look through Iran war inflation shock
IMF says the BOJ can look through Iran war-driven inflation, with limited second-round effects, allowing gradual rate ...
ICYMI – Fed’s Musalem says oil shock to keep core inflation near 3%
Fed’s Musalem said oil prices from the Iran war could keep core inflation near 3% this year, likely forcing the Fed t ...
UK expands energy bill relief scheme for industry amid rising costs
UK expands energy bill relief scheme by 40% to cover 10,000 firms, offering backdated support as high energy costs, w ...
US ramps up Iran pressure as officials warn blockade impact could take months
US officials warn Iran may take months to yield under a naval blockade, despite Trump saying the war is near an end, ...
ECB’s Schnabel says bank can take time to assess Iran shock
Schnabel signalled the ECB has room to stay patient after the Iran shock, arguing inflation is back at target and pol ...
Economic calendar in Asia Thursday, April 16. Australian jobs, China GDP & eco activity
I posted a preview of the Australian jobs report here:For the Reserve Bank: despite a softening labour outlook, infla ...
investingLive Americas market news wrap: Record closes in the S&P 500 and Nasdaq
Fed’s Beige Book: Overall activity showed slight to modest growth in 8 of 12 districtsECB sources report: Polic ...