Today the ECB decided to cut the policy rate by 25bp, so the deposit rate now yields 2.50%. The most important part of the decision…
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Wednesday, “if forecasts met the Bank will adjust policy further.” Additional quotes If forecasts met…
The People’s Bank of China (PBOC) Deputy Governor Lu Lei suggested on Thursday that the Bank should actively facilitate fundraising, including the issuance of special treasury…
Oil prices dropped sharply yesterday, where Brent plunged below USD74/bbl, Danske Bank’s analyst Jens Nærvig Pedersen notes. US consumer confidence figures weigh on risk sentiment…
USD/JPY dropped below 149 yesterday, Danske Bank’s FX analyst Jens Nærvig Pedersen reports. USD/JPY is closing in a target of 147 “USD/JPY dropped below 149…
GBP/USD rose early on Monday, but failed to capture 1.2700 and fell back. A raft of speeches are due from both BoE and Fed speakers…
EUR/GBP continues to hover around the 0.8300 mark with an empty domestic macro calendar for the week ahead, Danske Bank’s FX analyst Jens Nærvig Pedersen…
USD/JPY has been steadily declining this year, with JPY emerging as the top performer in the G10 space. USD/JPY is trading not far from new…
European natural gas and power prices have dropped back over the past week despite a cold spell adding to heating demand in Northern Europe, Danske…
The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) rose to 50.6 in February from 50.2 in January, the latest data published…