Banks
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ECB’s Schnabel: I see only limited room for further rate cuts
European Central Bank (ECB) policymaker Isabel Schnabel said on Wednesday, “I see only limited room for further rate cuts.” Additional…
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New Zealand: RBNZ delivers another 50 bps cut to OCR at last 2024 meeting – UOB Group
The Reserve Bank of New Zealand (RBNZ) decided to reduce the official cash rate (OCR) by 50 bps to 4.25%.…
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EUR/USD: To trade in a relatively broad range – UOB Group
The Euro (EUR) is likely to trade in a relatively broad range, probably between 1.0435 and 1.0535. In the longer…
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FOMC Minutes Show Broad Support For Gradually Lowering Rates
The Fed’s minutes from the last November meeting of the US central bank, where it cut interest rates by 25…
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Wells Fargo Hits New Highs After Reuters Reports
Wells Fargo (WFC.US) shares are up more than 1% today, hitting new all-time highs, after Reuters reported that the bank is…
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EUR/USD: Likely to trade with a downward bias towards 1.0420 – UOB Group
The Euro (EUR) is likely to trade with a downward bias towards 1.0420; the next support at 1.0390 is not…
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EUR: 25bp or 50bp from the ECB is the story – ING
Friday’s soft eurozone PMI releases – especially the drop in the services component – hit the short-end of the region’s rate market…
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Stagflation concerns are re-emerging in the United Kingdom – Commerzbank
The UK macro data released on Friday was a double whammy: first, October retail sales surprised to the downside (and previous months…
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HUF: Does MNB have a need to intervene? – Commerzbank
In a recent column, we addressed the question of recent sharp depreciation of the Hungarian forint exchange rate, asking if…
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EUR/USD: EUR shrugs off soft Ifo survey – Scotiabank
Hopes that a Treasury Secretary Bessent could curb a more aggressive approach to trade policies in the Trump administration has…
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