Bank of England: To mark VE Day, monetary policy reports and committee meeting notes will be released at 11:02 Greenwich Mean Time on May 8 (19:02 GMT) instead of the 11:00 scheduled.
UK interest rate swaps are expected to cut interest rates by 84 basis points by the end of 2025, compared with previous expectations of more than 90 basis points.
Kazakh Minister of Energy: In terms of oil production, national interests take precedence over those of OPEC +.
Kazakhstan will prioritise national interests over those of the OPEC + group when deciding on the level of oil production, Erlan Akkenzhenov, Kazakhstan's newly appointed energy minister, said on April 23. WTI crude oil fell by $0.40 at one point. Several other members of the OPEC + group, including top producer Saudi Arabia, are angry about the increase in Kazakh output, three OPEC + sources said last month. The Kazakh minister also said the country could not reduce oil production from its thre...
Ishiba Shigeru firmly stated that he "will never make concessions blindly" in the US-Japan tariff negotiations, and "will never sacrifice the interests of farmers in exchange for automobile tariff exemption". Click to view...
Once prices start to rise again, the Federal Reserve could fall behind the pace of change and the central bank could be forced to raise interest rates sharply and quickly, according to one influential economist. Click to view...
April 17 - The European Central Bank cut interest rates for the seventh time in a year on Thursday in hopes of boosting the already struggling eurozone economy, which is set to be hit hard by US tariffs. The ECB has been lowering borrowing costs as price pressures have subsided following the pandemic, while recent trade-related turmoil in global markets has added to the case for further easing. "Increased uncertainty could reduce household and business confidence, and the adverse and volatile ma...
Tonight at 20:15, the European Central Bank will announce the interest rate decision, because tariff uncertainty weighs on the economic outlook of the euro zone, it is expected that the bank will be "forced to drop six in a row", lowering the three major interest rates by 25 basis points, of which the deposit rate fell to 2.25%, the statement tone or moderate "turn dove" to pave the way for further interest rate cuts, please pay attention to market fluctuations, click to see more...
Vice President Vance said there was a good chance that the United States and Britain would reach a "great deal" on trade because of President Trump's love for Britain and the royal family. Britain was spared the harshest punishment in Trump's original tariff announcement because the trade relationship between the two sides is basically balanced. Still, British imports to the United States now pay a 10% tariff, while British steel and car companies...
UK interest rate swaps show the Bank of England will cut interest rates by 68 basis points by the end of 2025, compared with 83 basis points on Wednesday.
Mr. Kashkari said the Fed was unlikely to cut interest rates in the face of tariffs even if the economy started to deteriorate, given their impact on inflation. Mr. Kashkari said Mr. Trump's tariffs were "much higher and much broader than anticipated" and that he expected them to reduce investment and economic growth.
UK interest rate futures show the Bank of England will cut interest rates by about 95 basis points by the end of 2025, up from about 78 basis points on Tuesday. Traders raised expectations for a rate cut by the Bank of England, believing that it may cut interest rates by 50 basis points in May. (Golden Ten)
UK interest rate futures pricing in the rest of 2025 the Bank of England will cut interest rates by about 60 basis points (Tuesday is expected to cut interest rates by 54.2 basis points).
On March 28, a few days later, on April 2, the Trump administration announced that it would impose "reciprocal" tariffs on China. A week earlier, the Chinese side should hold a video call with the US Trade Representative Grier. The US took the initiative to call the Chinese side. What are the considerations? It is understood that in this phone call, the Chinese side focused on three concerns: 1. Regarding the "reciprocal" tariffs on April 2, if the US insists on harming China's interests, the Ch...
Bank of Japan Governor Kazuo Ueda: Japan's economy is likely to continue to grow above potential, underlying inflation is expected to gradually accelerate, and interest rates are expected to continue to rise if the economy and prices move in line with our forecasts in our quarterly outlook report. (Jin Ten)