Key Points: The Central Bank of Turkey (CBT) kept the policy rate at 50%, in line with expectations. CBT maintains a tightening bias, indicating further hikes may be necessary if inflation persists. Forex reserves have improved, leading to increased Turkish …
Key Points April CPI Release: Headline CPI expected to rise 0.4%, with annual rate reducing to 3.4%. Core CPI: Expected increase of 0.3%, lowering 12-month reading to 3.6%. On Wednesday, the U.S. Bureau of Labor Statistics will release April’s consumer …
Key points RBA Interest Rate Hold: The Reserve Bank of Australia keeps rates steady at 4.35%. Global Stock Resilience: Despite challenges, global stocks show enduring strength, partly fueled by corporate earnings. The Reserve Bank of Australia (RBA) has chosen to …
Political shifts may sometimes present unprecedented opportunity. Learn how in this article. When elections are looming, politics take the center stage. It’s hard for anyone to ignore the buzz, especially the US elections. These events can really shake up the …
In a dramatic turn of events in Asian markets on Monday, the Japanese yen recorded a surge against the dollar, appreciating by 5 yen, with traders attributing this sharp recovery to heavy dollar-selling by Japanese banks. This intervention seemed to …
Japan’s 10-year government bond yield has ascended to a more than five-month peak, increasing by 4 basis points to 0.93%, the highest since November 3, and settled at 0.925%. 🇯🇵 Japan's five-year government bond yields climb to the highest since …
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