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Russia's cooling economy facing 'hypothermia' risks, minister warns
Minister urges central bank to consider slowing inflationRussia's key interest rate held at 21% since OctoberBank of Russia to next set interest rates on June 6By Elena Fabrichnaya and Alexander Marrow MOSCOW, May 26 (Reuters) - Russia's economy is facing "hypothermia" risks, ...
Reuters
Mon, May 26
Brazil's BNDES head calls for lower interest rates, higher taxes on online betting
BRASILIA, May 26 (Reuters) - The head of Brazil's state development bank BNDES, Aloizio Mercadante, called on Monday for a reduction in the country's benchmark interest rate Selic, while also proposing higher taxes on online betting.Speaking at an event hosted by news outlet Brasil 247 in Ri...
Reuters
Mon, May 26
Brazil's BNDES head calls for lower interest rates, higher taxes on online betting
BRASILIA, May 26 (Reuters) - The head of Brazil's state development bank BNDES, Aloizio Mercadante, called for on Monday a reduction in the country's benchmark interest rate Selic and proposed higher taxes on online betting.Speaking at an event hosted by news outlet Brasil 247 in Rio de Jane...
Reuters
Mon, May 26
Russia's cooling economy facing 'hypothermia' risks, minister warns
MOSCOW, May 26 (Reuters) - Russian Economy Minister Maxim Reshetnikov on Monday urged the central bank to take slowing inflation into account when it meets to set interest rates next week, warning that Russia's cooling economy is showing signs of "hypothermia". Grappling with stubbornly ...
Reuters
Mon, May 26
GBP nears 1.36, highest since early 2022 – Scotiabank
Pound Sterling (GBP) is modestly firmer on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD
Fxstreet
Mon, May 26
EUR probes 1.14 area on tariff relief – Scotiabank
The EU’s tariff reprieve followed what the president called a 'very nice call' with Commission President von der Leyen over the weekend, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/USD
Fxstreet
Mon, May 26
USD/CNH: Downward momentum has not increased significantly – UOB Group
There is a chance for US Dollar (USD) to test 7.1650 vs Chinese Yuan (CNH); the major support at 7.1500 is unlikely to come into view.
Fxstreet
Mon, May 26
The US-UK trade deal doesn't look so bad after all – Commerzbank
As if to keep us on our toes on an otherwise uneventful Friday, Donald Trump followed up his threat of tariffs on smartphones by announcing that 50% tariffs would be imposed on EU goods from 1 June, due to stalled negotiations with the European Union.
Fxstreet
Mon, May 26
US: Is this still capitalism? – Commerzbank
On Friday, Donald Trump returned to his favourite topic, tariffs. In response to the announcement of a big US technology company that it plans to move production from China to India, Trump threatened to impose a 25% tariff on its smartphone unless they are manufactured in the US for the US market.
Fxstreet
Mon, May 26
البنك الأهلي وبنك مصر يخفضان معدلات الفائدة بمقدار 1% على شهادات الادخار بعد قرار البنك المركزي المصري CBE
قال الرئيس التنفيذي للبنك الأهلي المصري، محمد الإتربي، إن لجنة السياسات النقدية اجتمعت صباح اليوم وقررت تخفيض معدلات الفائدة على الشهادة ذات العائد الشهري لأجل 3 سنوات بمقدار 1%.
Fxstreet
Mon, May 26
US demanded South Korea resolve trade imbalance in recent talks, media reports say
SEOUL, May 26 (Reuters) - The United States demanded that South Korea resolve the large trade imbalance between the countries during recent trade talks, South Korean media reported on Monday.The U.S. repeatedly raised the issue of the trade imbalance in the commodity sector and both countries agree...
Reuters
Mon, May 26
Switzerland Employment Level (QoQ) down to 5.512M in 1Q from previous 5.534M
Switzerland Employment Level (QoQ) down to 5.512M in 1Q from previous 5.534M
Fxstreet
Mon, May 26
Sweden Producer Price Index (YoY) fell from previous -0.3% to -2.4% in April
Sweden Producer Price Index (YoY) fell from previous -0.3% to -2.4% in April
Fxstreet
Mon, May 26
Sweden Producer Price Index (MoM): -1.6% (April) vs -3%
Sweden Producer Price Index (MoM): -1.6% (April) vs -3%
Fxstreet
Mon, May 26
Singapore Industrial Production (MoM) increased to 5.3% in April from previous -3.6%
Singapore Industrial Production (MoM) increased to 5.3% in April from previous -3.6%
Fxstreet
Mon, May 26
Singapore Industrial Production (YoY): 5.9% (April) vs 5.8%
Singapore Industrial Production (YoY): 5.9% (April) vs 5.8%
Fxstreet
Mon, May 26
Japan Leading Economic Index registered at 108.1 above expectations (107.7) in March
Japan Leading Economic Index registered at 108.1 above expectations (107.7) in March
USD/JPY
Fxstreet
Mon, May 26
Japan Coincident Index fell from previous 116 to 115.9 in March
Japan Coincident Index fell from previous 116 to 115.9 in March
Fxstreet
Mon, May 26
China's Li: Weighing new policy tools as economic and trade order is under severe impact
China’s Premier Li Qiang spoke in a symposium with Chinese firms in Jakarta over the weekend, with the key comments noted below.
AUD/USD
Fxstreet
Mon, May 26
Fed’s Kashkari: Uncertainty is top of the mind for Fed, US businesses
Minneapolis Federal Reserve (Fed) President Neel Kashkari said in his speech in Tokyo early Monday that “uncertainty is top of the mind for Fed, US businesses.”
Fxstreet
Mon, May 26
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