News
Important Only
USD/CNH: Likely to trade in a range of 7.1570/7.1770 – UOB Group
US Dollar (USD) is likely to trade in a range of 7.1570/7.1770 against Chinese Yuan (CNH). In the longer run, there has been a tentative buildup in momentum; USD is likely to edge lower toward 7.1450, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jun 27
UBS raises S&P 500 index's annual target on fading trade tensions
June 27 (Reuters) - UBS Global Wealth Management raised its year-end target for the S&P 500 index .SPX to 6,200 from its prior forecast of 6,000, banking on softening trade tensions and expectations of resilient quarterly earnings. UBS's current target implies about a 1% upside to the ben...Reuters
Fri, Jun 27
German long-term yields set for biggest weekly rise in four months amid fiscal spending boost
German bond yields up slightly on the dayRecent gains driven by Germany's huge investment plansTreasury yields up slightly after Thursday's fallBy Linda Pasquini June 27 (Reuters) - German 30-year government bond yields were on track for their biggest weekly increase in nearly four months...Reuters
Fri, Jun 27
Bank of Japan Mimics the “Fed Speak”, Flagging “Underlying Inflation” Risks
TradingKey - Much like Federal Reserve Chair Jerome Powell, officials at the Bank of Japan (BOJ) have taken an ambiguous stance on further monetary policy adjustments. Despite meeting the prerequisite for rate hikes — inflation above the 2% target — the BOJ has maintained a relatively dovish ...
U.S. Q1 Stagflation Confirmed – Could Q2 GDP Growth Rebound Above 3%?
TradingKey - Newly released data from the U.S. Department of Commerce shows that the U.S. economy unexpectedly contracted in the first quarter of 2025, reversing a three-year growth trend. Combined with upward revisions to inflation indicators, this confirms that the U.S. economy entered a ...TradingKey
Fri, Jun 27
UBS lifts S&P 500 index's annual target on fading trade tensions
June 27 (Reuters) - UBS Global Wealth Management raised its year-end target for the S&P 500 index .SPX to 6,200 from its prior forecast of 6,000, banking on softening trade uncertainty."We think the recovery makes sense, considering that most largecap companies should weather the tariffs rea...Reuters
Fri, Jun 27
TABLE-Belgian June CPI +2.15% m/m, +0.35% y/y
June 27 (Reuters) - The Belgian Economics Ministry released the following consumer price inflation data on Friday. KEY FIGURESCONSUMER PRICESApril 2025May 2025June 2025Index (base 2013=100)134.44134.23134.70Mth/mth change (in pct)-0.83%-0.16%+0.35%Yr/yr change (in pct)+2.55%+2.01%+2.15%Health in...Reuters
Fri, Jun 27
