BOJ Governor Kazuo Ueda stated that the central bank will continue its accommodative monetary policy for companies, while yen movements remain volatile.
Lending to euro zone companies and households has slowed, indicating higher interest rates are curbing credit growth and economic expansion.
European stock markets retreat as investors analyze quarterly earnings reports. Fed set to raise rates, focus on Chair Powell’s comments. Oil prices dip on US inventories rise.
Oil prices climb to three-month highs as signs of tighter supply and Chinese stimulus offset uncertainty over the Federal Reserve meeting.
Most Asian currencies gain strength as the dollar weakens and Chinese stimulus promises boost sentiment, ahead of the Federal Reserve meeting.
Get insights into the Reserve Bank of Australia’s recent meeting minutes, including its assessment of inflation, potential future rate adjustments, and the impact on the Australian dollar. Stay informed about key factors influencing the RBA’s monetary policy decisions.
The combination of inflation, economic recession, and China’s economic slowdown is causing a significant decline in consumer spending in Europe, putting pressure on households.
The Reserve Bank of Australia (RBA) is set to release its meeting minutes, providing insights into the central bank’s decision to maintain the cash rate amid ongoing inflation concerns.
US stock market saw a mixed trend as Treasury yields rose, impacting tech and growth stocks. Alibaba and Lyft stocks surged while gold and oil had mixed performance.
BlackRock’s Rick Rieder predicts Fed may raise rates to 6%, leading to stock market decline. Powell warns against premature loosening.
