St Louis Fed President Alberto Musalem spoke to the press on the weekend and was asked about the impact of tariffs on inflation. He said that it was 50/50 on whether it would cause sustained inflation or inflation for a quarter or two. Critically, he also said there would be ongoing uncertainty around tariffs “right […]
China trade balance Mon: Japanese GDP R (Q1), Chinese Inflation (May), Chinese Trade Balance (May), EZ Sentix Index (Jun), US Employment Trends (May) Tue: EIA STEO, UK Jobs Report (Apr), Swedish GDP (Apr), Norwegian CPI (May) Wed: ECB Wage Tracker, US CPI (May), UK Spending Review Thu: UK GDP (Apr), US PPI (May) Fri: French/Spanish
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Comments from Bank of England rate-setter Megan Greene: Most of the near-term hump in inflation is due to one-off factors We expect inflation to continue to come down to target over medium term Our view is that we can look through it but of course that’s a big risk There is a risk people won’t
Risk sentiment improved last week, driven by the solid US non-farm payroll report that helped ease fears of a deepening slowdown. Adding to the optimism was a thaw in US-China relations. While no concrete breakthrough emerged, the fact that both sides were willing to engage again offered some relief to global markets weary of tariff
China Foreign Exchange Reserves (MoM): $3.285T (May) vs $3.282T Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
There has been much talk about the rupture of one of the most surprising relationships between the world’s richest man, Elon Musk, and US President Donald J. Trump. This story’s beginning comes from a significant surprise – Elon Musk, who shared and endorsed mostly Democratic ideas, made a U-turn in his approach and decided to
The Mexican Peso extends its gains against the US Dollar as markets adopt a ‘risk-on’ sentiment following the easing of US-China tensions. USD/MXN remains in a short-term bearish trend below 19.20. US-Mexico tensions remain in focus next week as Mexico condemns 50% tariffs on steel and aluminium imports to the US. The Mexican Peso (MXN)
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
