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ECB: Lagarde is not on the list of today’s speakers – UBS
There are several ECB speakers on the agenda today. One speaker, Rehn, has already suggested that two further rate cuts are a reasonable estimate for ECB action this year, Chief Economist at UBS Global Wealth management Paul Donoban notes.Fxstreet
Jun 26, 2024
China: The Third Plenum to bring reaffirmation of basic principles – Standard Chartered
The July Plenum gives the government a rare opportunity to tackle the lack of confidence by rekindling hopes of growth-friendly reforms, Standard Chartered analysts Shuang Ding and Hunter Chan note.Fxstreet
Jun 26, 2024
ECB’s Rehn: Expectations for two more rate cuts in 2024 are ‘reasonable’
European Central Bank (ECB) policymaker Olli Rehn said on Wednesday, the market expectations that the ECB will reduce interest rates twice more this year to as low as 2.25% in 2025 are ‘reasonable’, per Bloomberg.
Fxstreet
Jun 26, 2024
Australia’s monthly CPI inflation ticks up to 4.0% YoY in May vs. 3.8% expected
Australia’s monthly Consumer Price Index (CPI) jumped by 4.0% in the year to May after recording a 3.6% increase in April, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
Fxstreet
Jun 26, 2024
