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ECB's Cipollone: Risk of economic stagnation and sharp inflation rise is rather remote
European Central Bank (ECB) Executive Board member Piero Cipollone said that the risk of economic s...
WTI Oil flirts with the $85.00 level with markets economic D-Day sanctions on Iran
Crude prices are trimming some of last week’s gains on Monday. The US benchmark West Texas Intermedi...
The week ahead: Jackson Hole and Nvidia results to take focus away from Trump
We start the week with the focus squarely on the US. Rising Treasury yields, the Jackson Hole Sympos...
South Africa Consumer Price Index (MoM) remains at 0.7% in June
South Africa Consumer Price Index (MoM) remains at 0.7% in June
South Africa Consumer Price Index (YoY): 5% (June) vs 4.5%
South Africa Consumer Price Index (YoY): 5% (June) vs 4.5%
Hungarian Forint: Rally against Euro reassessed after rate cuts – Societe Generale
Societe Generale strategists analyze the Hungarian Forint (HUF) after the central bank of Hungary, Magyar Nemzeti Bank (MNB) cut its policy rate to 5.75% and signalled more easing. They expect a 5.0% ...
Indonesian Rupiah weakens as BI holds rate at 5.75%
USD/IDR has recovered its daily losses, trading around 17,950 during the European hours on Wednesday. The pair appreciates as the Indonesian Rupiah (IDR) struggles after the Bank Indonesia (BI) decide ...
BoJ says open to faster rate hike pace as yen adds price risk – Bloomberg
According to a Bloomberg report, the Bank of Japan (BoJ) is widely seen holding interest rates steady at the July meeting.
WTI Oil hits fresh six-week highs at $86.00 as supply concerns rise
Oil prices continue rallying on Wednesday as hostilities in Iran threaten to escalate out of control, and reports of vessels turning around in the Red Sea heighten concerns about supply disruptions.
Controladora Vuela (VLRS) reports Q2 loss, beats revenue estimates
Controladora Vuela (VLRS) came out with a quarterly loss of $1.11 per share versus the Zacks Consensus Estimate of a loss of $1.08. This compares to a loss of $0.54 per share a year ago. These figures ...
British Pound: Inflation trend supports softer Sterling – ING
ING’s Chris Turner relays UK economist James Smith’s view that underlying United Kingdom (UK) inflation is moving in the right direction despite slightly higher core data. Falling food and petrol pric ...
Forex Today: US Dollar and Oil continue to rise as tensions in Middle East escalate further
Here is what you need to know on Wednesday, July 22:
Indonesia Bank Indonesia Rate below forecasts (6%): Actual (5.75%)
Indonesia Bank Indonesia Rate below forecasts (6%): Actual (5.75%)
Canadian Dollar receives support from higher oil prices
USD/CAD declines after to days of gains, trading around 1.4100 during the early European hours on Wednesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from h ...
Silver Price Forecast: Recovery hits 20-day EMA roadblock
Silver price (XAG/USD) gives back some of its early gains, but is still 0.8% higher at around $59.25 during the European trading session on Wednesday.