News
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Trump’s Tax Bill Races Toward Deadline – Economists Warn: GDP and Deficit Forecasts Are Just Beautiful Bubbles!
TradingKey - U.S. President Donald Trump’s proposed tax cut and spending bill is racing toward a self-imposed July 4 deadline, despite deep divisions among lawmakers over its key provisions. What's surprising is that the official economic forecasts from Trump-aligned officials regarding the bill’s..TradingKey
Thu, Jun 26
GBP/USD may potentially rise to 1.3750 – UOB Group
Momentum is increasing, and Pound Sterling (GBP) could strengthen toward 1.3720 against US Dollar (USD). In the longer run, outlook for GBP is positive; it may rise to 1.3720, potentially 1.3750, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jun 26
Austria's economy to stagnate in 2025, institutes forecast
June 26 (Reuters) - Austria's economy is expected to largely stagnate in 2025, impacted by a global trade war and high inflation, before returning to growth in 2026, two leading economic institutes said on Thursday."The Austrian economy is currently experiencing the longest period of weaknes...Reuters
Thu, Jun 26
Super-long JGBs gain, shorter tenors weak as market adjusts to issuance plans
TOKYO, June 26 (Reuters) - The longest-dated Japanese government bonds gained on Thursday, pushing yields lower, while shorter-dated securities edged down as markets continued their adjustment to the finance ministry's revised issuance plans.Reuters
Thu, Jun 26
EU to canvass leaders at summit on resolving US tariff conflict
EU leaders prefer quick trade deal with US despite unfavorable termsEU faces US tariffs, seeks rebalancing measuresEU considers digital tax on US tech giants as rebalancing optionBy Philip Blenkinsop, Jan Strupczewski BRUSSELS, June 26 (Reuters) - European Union leaders are to tell the European C...Reuters
Thu, Jun 26
China's collateral demands curbing emerging countries' ability to manage finances, study shows
Study finds almost half of lending is secured with cash depositsPractice curbs borrower nations' ability to create fiscal spaceIt also complicates debt restructuring processes in defaultsIMF, World Bank expressed concerns in 2023 By Duncan Miriri NAIROBI, June 26 (Reuters) - China's pract...Reuters
Thu, Jun 26
