EU leaders secured a €90bn loan package for Ukraine, a market-friendly outcome for the Euro (EUR), as EUR/USD drifts toward support near 1.1680 with range trading likely to persist, ING’s FX analyst Chris Turner notes. ECB fails to move markets “Late last night, EU leaders managed to secure a EUR90bn loan for Ukraine. The money
German consumer confidence is set to drop at the start of the year 2026 as rising inflation fears weigh on income expectations and purchase decisions, monthly survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Friday. The forward-looking consumer confidence index fell to -26.9 in January from revised -23.4 in
2025.12.19 2025.12.19 ECB Fails to Support Euro. Forecast as of 19.12.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Neither the ECB’s optimism about the eurozone economy nor the slowdown in US inflation has forced the markets to change their stance. They expect the Fed to keep rates unchanged until March, implying that the US dollar may strengthen. Let’s discuss this
The Bank of Japan (BoJ) has hiked its overnight policy rate by 25 basis points (bps) to 0.75% on Friday, 19 December 2025, as expected, its highest level in 30 years. In its policy statement, the BoJ said it will continue raising the policy rate as long as economic activity and inflation evolve in line
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Summary BoJ raised rates to 0.75% as expected Yen reaction weaker, but muted without guidance surprise Gradual policy normalisation remains base case JGB yields have risen, 10yr to highest since May 2006 The Bank of Japan raised its short-term policy rate to 0.75%, the highest level in three decades, delivering another milestone in its gradual
The USD/JPY forecast is expected to tilt downside as the BoJ rate hike expectations increase the yen’s demand. The US CPI data showed a cooling momentum, while Japan’s inflation remains sticky. Fed-BoJ divergence could support the USD/JPY in the near term. The USD/JPY is trading under pressure in anticipation of the Bank of Japan’s policy
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0550 compared to the previous day’s fix of 7.0583. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth.
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Overall consumer prices in Japan were up 2.9 percent on year in November, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and down from 3.0 percent in October. On a monthly basis, inflation was unchanged at 0.4 percent. Core CPI was up 3.0 percent on year –
Summary Reports suggest Cybercab testing on public roads Austin seen as key autonomy testing hub Autonomy central to Tesla’s long-term narrative Shares of Tesla are likely to draw fresh attention after social media reports suggested the company’s long-awaited Cybercab vehicle has been spotted testing on public roads in Austin, Texas for the first time. While
The evening session wraps up soon with National CPI figures from Japan releasing promptly. Market expectations are for the National CPI YoY to remain steady at 3%. This inflation report tends to move markets less than the Tokyo CPI FYI. But the most important event of the Evening largely remains the Bank of Japan (BoJ)
Argentina Unemployment Rate (QoQ) : 6.6% (3Q) vs previous 7.6% Source link
The European Central Bank left its key interest rate unchanged for the fourth policy session in a row and raised the growth forecasts for the euro area citing support from domestic demand, but the bank also lifted the inflation projection for next year as policymakers expect services inflation to ease more slowly than expected earlier.
Things have changed quite remarkably since the broadly optimistic morning session. As pointed out in this interesting report, there might have been some selection biases in the BLS construction of this CPI release, tilting the numbers to the downside. Accuracy issues for data releases may hurt confidence prospects for Public data going forward. With the
A surge in uncollateralised foreign exchange forwards hedging from buy-side clients could put bank balance sheets under pressure, dealers warn. FX hedge ratios at asset managers and pension funds have not materially increased in 2025, despite the selloff in the US dollar in the second quarter. This may change, though, as narrowing interest rate differentials could
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