News
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German import prices down 0.4% y/y in April
May 28 (Reuters) - German import prices decreased by 0.4% year on year in April, the statistics office said on Wednesday.Analysts polled by Reuters had predicted a 0.1% increase.The statistics office offers more detailed economic data on its website.Reuters
Wed, May 28
RBNZ’s Hawkesby: Decision to hold vote on rates was healthy sign, not unusual at turning points
Reserve Bank of New Zealand’s (RBNZ) acting Governor Christian Hawkesby explains the decision to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.25% at a press conference following the May monetary policy meeting on Wednesday.
Fxstreet
Wed, May 28
PRESS DIGEST-Financial Times - May 28
May 28 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK fraud 'blight' prompts calls for action to protect consumers - BBVA-Sabadell deal to face scrutiny by Spanish cabinet- UK...Reuters
Wed, May 28
Super-long JGB yields rise from 3-week lows ahead of 40-year bond auction
By Kevin Buckland TOKYO, May 28 (Reuters) - Long-dated Japanese government bond yields climbed off three-week lows on Wednesday, with investors closely monitoring a 40-year bond auction for indications of a recovery in demand.The 40-year JGB yield JP40YTN=JBTC rose 3.5 basis points (bps) to 3.32%...Reuters
Wed, May 28
Australia’s monthly CPI inflation steadies at 2.4% YoY in April vs. 2.3% expected
Australia’s monthly Consumer Price Index (CPI) steadied at 2.4% in the year to April, compared to a 2.4% rise seen in March, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.Fxstreet
Wed, May 28
BoJ’s Ueda: Tariff negotiations mean outlook remains uncertain
Bank of Japan Governor Kazuo Ueda said on Wednesday that many tariff negotiations, including those between the United States and Japan, are still ongoing, so the outlook remains uncertain. Ueda further states that the central bank will closely monitor the incoming data.Fxstreet
Wed, May 28
Japan proposes to buy U.S. chip products in tariff talks, Asahi says
TOKYO, May 28 (Reuters) - Japan has proposed purchasing billions of dollars worth of U.S. semiconductor products during ongoing tariff negotiations with the United States, the Asahi newspaper reported, citing an unidentified source.
Reuters
Wed, May 28
Yields dip as Japan's possible bond shift eases supply worries
NEW YORK, May 27 (Reuters) - U.S. Treasury yields declined on Tuesday as concerns over rising global government debt supply, which lifted bond yields last week, were partly eased by expectations that Japan could issue less longer-dated debt.Reuters
Wed, May 28
US yields slide as Japan’s signal shift in debt strategy
US Treasury yields fall across the whole curve due to concerns over an increase in rising global government debt supply, which sent yields rising last week, retraced somewhat on expectations that Japan could begin to issue short-term debt.Fxstreet
Tue, May 27
RBNZ expected to cut interest rates amid concerns over economic growth, US tariffs
The Reserve Bank of New Zealand (RBNZ) is widely expected to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.25% from 3.50% after concluding its May monetary policy meeting on Wednesday.Fxstreet
Tue, May 27
Brazil not testing cows for bird flu despite dairy cases in US
By Sybille de La Hamaide PARIS, May 27 (Reuters) - Brazil has not yet tested cows for bird flu, despite hundreds of cases in the dairy herd in the U.S., because it is focusing on poultry outbreaks after its first confirmed case on a farm this month, the country's chief veterinarian said on T...Reuters
Tue, May 27
