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US President Trump: Any Iran deal will be exact opposite of the JCPOA disaster
United States (US) President Donald Trump said in a post on Truth Social during the European trading session on Monday that the deal with Iran will “either be a great and meaningful one, or there will be no deal”.Fxstreet
Mon, May 25
Japan PM Takaichi: Impact of New Debt to Be Offset by Higher Tax Revenue
Japan Prime Minister (PM) Sanae Takaichi said during the European trading session on Monday that the potential new debt to compensate for higher household utility and gas bills won’t impact bond markets, as it will be offset higher tax and other revenue sources.Fxstreet
Mon, May 25
Iran assures discussing nuclear and uranium issue in exchange for lifting sanctions
According to the Iranian Student News Agency (ISNA), a senior Iranian diplomat said that the nuclear issue and highly enriched uranium reserves will be discussed with the United States (US) in 60-day negotiations in exchange for the lifting of sanctions and unfreezing of assets.Fxstreet
Mon, May 25
ECB’s Stournaras: Necessary for inflation to return to 2% target
European Central Bank (ECB) policy governing council member and Governor of the Bank of Greece, Yannis Stournaras said during the European trading session on Monday that the closure of the Strait of Hormuz, a critical passage to almost 20% of global energy supply, may have secondary effects on wagesFxstreet
Mon, May 25
White House Adviser Hassett Says Ending Iran War May Create Room for Fed Rate Cut
US President Donald Trump’s chief economic adviser at the White House, Kevin Hassett, said on Monday that he is confident that an eventual drop in oil prices will create space for the US Federal Reserve (Fed) to cut the interest rates.Fxstreet
Mon, May 25
Indian Rupee rallies further as RBI’s Malhotra opens door for further intervention
The Indian Rupee (INR) opens on a strong note against the US Dollar (USD) at the start of the week. The USD/INR pair extends its losing streak for the fourth trading day on Monday, sliding to near 95.20, the lowest level seen in almost two weeks.Fxstreet
Mon, May 25
Japanese Yen gains ground as oil prices decline
USD/JPY gains ground after opening at a bearish gap, remaining in the negative territory and trading around 158.90 during the Asian hours on Monday. The pair maintains its downward momentum as the Japanese Yen (JPY) gains support from falling oil prices.
Fxstreet
Mon, May 25
Asian stocks rally on Mideast peace hopes; Japan’s Nikkei hits record high above 65,000
Most Asian stocks rally broadly at the start of a new week as developments over the weekend fuel hopes for a potential deal to end a nearly three-month-long Iran war and boost investors' appetite for riskier assets.Fxstreet
Mon, May 25
US Secretary of State Rubio: We’ll either reach a good deal or handle it differently
US Secretary of State Marco Rubio said that the US will give diplomacy every chance with Iran but will pursue other means if a good deal cannot be reached, while describing the current framework as solid, Reuters reported on Monday.Fxstreet
Mon, May 25
Lagarde Speech: Ecb Set to Upgrade Its Inflation Forecast in June
In an Italian talkshow Che Tempo Che Fa on Sunday, the European Central Bank (ECB) President Christine Lagarde said that the central bank is likely to raise the inflation forecast at its monetary policy meeting next month.Fxstreet
Mon, May 25
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