News
Important Only
Ueda speech: Still need some time to consider what to do with BoJ’s ETF holdings
Speaking before the Japanese parliament on Tuesday, Bank of Japan (BoJ) Governor Kazuo Ueda said, the central bank “still need some time to consider what to do with BoJ’s ETF holdings.” Additional quotes Must think about valuation and market rout risks when offloading BoJ’s ETF holdings.
Fxstreet
Tue, Mar 25
China frees Mintz staff in move to soothe foreign sentiment
All Beijing employees of Mintz freed after two years in detentionTheir release coincided with a high-profile international forum in BeijingTheir detention had cast chill on foreign sentiment towards ChinaBy Antoni Slodkowski and Liz Lee BEIJING, March 25 (Reuters) - Chinese authorities have r...Reuters
Tue, Mar 25
Asia's weighted real GDP growth rate projected to reach 4.5% in 2025, report says
BOAO, March 25 (Reuters) - Asia's weighted real GDP growth rate is projected to reach 4.5% this year, according to the Boao Forum annual report.Boao Forum, an international summit seen as Asia's answer to Davos, is being held in China's Hainan province from Tuesday through Friday.Reuters
Tue, Mar 25
WRAPUP 3-Trump auto tariffs are coming, but not all levies will be imposed April 2, sending stocks higher
Trump calls April 2 tariff announcements 'Liberation Day'US expects to raise significant amounts in tariffsStocks gained broadly on optimism for flexibility on tariffsTrump announces 25% tariff on imports from countries that buy Venezuelan oil, gasWhite House to announce $20 bln Hyundai inve...Reuters
Mon, Mar 24
As Mexico's economy weakens, some see a recession as unavoidable
Mexican economy shrank 0.2% in January, follows Q4 contraction'Recession is unavoidable,' says JPMorganEarly March inflation below analyst expectationsBank of Mexico seen cutting key rate by 50 bps on ThursdayBy Gabriel Araujo March 24 (Reuters) - Cooling Mexican economic activity and...Reuters
Mon, Mar 24
US business equipment borrowings down more than 7% y/y in February, ELFA says
March 24 (Reuters) - U.S. companies borrowed 7.4% less to finance equipment investments in February compared with the same period a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday.New loans, leases and lines of credit signed up by companies in February also fell to ...Reuters
Mon, Mar 24
Atlanta Fed's Bostic now sees only one rate cut this year
WASHINGTON, March 24 (Reuters) - Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark interest rate only a quarter of a percentage point by the end of this year.With less progress on ...Reuters
Mon, Mar 24
What to Watch in the Day Ahead - Tuesday, March 25
On the U.S. economic calendar, the Conference Board is expected to report its consumer confidence index likely dropped to 94 in March from 98.3 in February. In a separate report, the Commerce Department is expected to show new home sales likely rose to 679,000 units in February from 657,000 units in...Reuters
Mon, Mar 24
Atlanta Fed's Bostic says he trimmed outlook to one cut this year
WASHINGTON, March 24 (Reuters) - Atlanta Federal Reserve President Raphael Bostic said he anticipates slower progress on inflation in coming months and as a result now sees the Fed cutting its benchmark interest rate only a quarter of a percentage point by the end of this year.With less progress on ...Reuters
Mon, Mar 24
Fed's Bostic only sees one rate cut this year
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic struck a cautious chord on Monday, warning that economic uncertainty will continue to weigh on Fed decision-making as the US's self-styled trade war continues to build pressure within the economy.Fxstreet
Mon, Mar 24
Kenya seeks new IMF loan deal, says no disagreements with Fund
Finance minister denies reports of problems with IMFAbout $800 million left from current programmeBy Duncan Miriri NAIROBI, March 24 (Reuters) - Kenya has applied for a new lending programme from the International Monetary Fund that will factor in unused money from the current programme which bot...Reuters
Mon, Mar 24
