Australian dollar flounders after higher than target inflation data
Data is here:Australia headline and core inflation above RBA target.Trimmed Mean (core) was 0.8% q/q vs. 0.9% expecte ...
Rbnz Gov Breman says Q1 core inflation stable within the 1 – 3% target band
RBNZ governor Breman:First quarter measures of core inflation have remained stable within the target band of 1–3%Mone ...
Australia headline and core inflation above RBA target.
I’ll be back separately with details and implications (TL;DR … May rate hike). more to come Earlier:Iran ...
PBOC sets USD/ CNY central rate at 6.8608 (vs. estimate at 6.8347)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.Injects 25.9bn yuan via 7-day ...
Wall Street Journal: Trump Tells Aides to Prepare for Extended Blockade of Iran
Trump has chosen an extended Iran blockade over bombing or diplomacy, betting economic pressure will force nuclear co ...
Yuan – Chinese firms locking in exchange rates ahead of record $70bn dividend season
Analysts warn the yuan faces earlier-than-usual seasonal weakness as Chinese firms hedge nearly $70bln in dividends, ...
PBOC is expected to set the USD/CNY reference rate at 6.8347 – 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), ...
Bessent warns Kharg Island nearing capacity as US tightens Iran oil squeeze
US Treasury Secretary Bessent says Kharg Island is nearing storage capacity, costing Iran around $170mn per day in lo ...
UAE exit from OPEC raises fears Kazakhstan and Iraq could be next to leave
Dow Jones/Market Watch cite analysts who say Kazakhstan and possibly Iraq could follow the UAE out of OPEC, though Ba ...
NIESR cuts UK growth forecast, warns Iran war will keep inflation above target until 2028
NIESR cuts UK 2026 GDP forecast to 0.9% from 1.4%, sees inflation peaking above 4% in 2027 and warns of recession ris ...
Chile holds rates but Iran war oil risk echoes across global central banks
The decision itself is unlikely to move markets, with the hold unanimous and widely expected. The significance lies i ...
“The Bank of Japan can’t save the yen”
That headline, “BoJ can’t save the yen”, is a cracker from ING, straight to the point. ING warns th ...