News
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HUF: Central bank green lights rate cuts – ING
The National Bank of Hungary maintained its tone during a recent meeting, with no immediate indication of rate cuts. However, the market reaction suggests a green light for potential cuts in February, especially if January inflation data supports this.
Fxstreet
Wed, Jan 28
Euro: Strength raises ECB rate cut concerns – Deutsche Bank
The Deutsche Bank report indicates the Euro has strengthened, closing above $1.20 for the first time since June 2021. This appreciation has led to speculation regarding the European Central Bank's potential need to consider interest rate cuts.
Fxstreet
Wed, Jan 28
AUD/USD: Potential for further gains – UOB Group
The UOB Group report by Quek Ser Leang and Lee Sue Ann highlights that the Australian Dollar is likely to continue its upward trajectory, with potential resistance at 0.7050. The report notes that while further strength is anticipated, overbought conditions may limit the extent of the rally.
Fxstreet
Wed, Jan 28
US stocks: Mixed performance amid earnings reports – HSBC
US stock indices ended mixed on Tuesday as corporate earnings reports varied. The S&P 500 rose by 0.4%, driven by technology stocks, while the Dow Jones Industrial Average fell by 0.8%. The Treasury yield curve steepened as investors reacted to weak consumer confidence readings, HSBC notes.Fxstreet
Wed, Jan 28
EUR/USD: Upside potential remains – UOB Group
The UOB Group report by Quek Ser Leang and Lee Sue Ann suggests that the Euro is poised for further gains against the US Dollar, with a potential retest of 1.2080. As long as the Euro holds above 1.1950, the outlook remains positive, although a pullback is expected after reaching higher levels.Fxstreet
Wed, Jan 28
Sri Lanka central bank holds policy rate steady as IMF review looms
COLOMBO, Jan 28 (Reuters) - Sri Lanka's central bank kept its overnight policy rate unchanged on Wednesday, as it awaited the latest review of a $2.9-billion International Monetary Fund programme.The Central Bank of Sri Lanka (CBSL) maintained the overnight policy rate at 7.75%, as unanimously f...Reuters
Wed, Jan 28
ECB’s Cipollone: EU economy has been proven resilient and we expect data could top our forecasts
European Central Bank (ECB) executive board member Piero Cipollone said early Wednesday, “the European economy has been proven resilient and we expect data that could top our forecasts.”Fxstreet
Wed, Jan 28
In Iowa, Trump touts economy as protests roil neighboring Minnesota
Farmers stressed by weak crop prices, high costsBiofuel quota delays hit Iowa's biodiesel industryIowa has competitive races for US Congress in midterm electionsBy Jarrett Renshaw, Karl Plume and Trevor Hunnicutt CLIVE, Iowa, Jan 27 (Reuters) - U.S. President Donald Trump rallied supporters i...Reuters
Wed, Jan 28
TREASURIES-US yields mixed ahead of expected Fed rate-cut pause, after soft 5-year auction
US consumer confidence drops in JanuaryUS five-year note auction comes out on weak sideFed widely expected to keep rates steady on WednesdayBy Tatiana Bautzer NEW YORK, Jan 27 (Reuters) - U.S. Treasury yields were mixed on Tuesday, with longer-dated maturities climbing, as investors awaited a Fed...Reuters
Tue, Jan 27
PPG Industries sees soft European, industrial markets in 2026 after Q4 profit miss
Jan 27 (Reuters) - Global paint supplier PPG Industries PPG.N said on Tuesday it expects demand in Europe and across global industrial end-use markets to remain soft in the coming year, after the company fell short of Wall Street's fourth-quarter profit expectations.Higher feedstock and energy c...Reuters
Tue, Jan 27
