Last Thursday, Turkey’s central bank (CBT) surprised markets by raising its main policy rate from 42.5% to 46.0%. Simultaneously, it increased the overnight lending rate…
The US president’s attacks on Fed Chair Jay Powell are intensifying. And the dollar is weakening accordingly. The President of the United States is not…
In New Zealand, a CPI indicator is published every month, but these monthly figures only cover the prices of around 44% of the basket of…
The Bank of Canada (BoC) decided yesterday to keep interest rates unchanged and stressed that it would wait to see the impact of the US…
The US Dollar (USD) had another bad day on Wednesday, suffering several losses – EUR/USD even briefly traded above 1.14. However, this was not really…
The tariffs no longer seem to be a major issue for the CAD, especially since the US administration has exempted Canada from the reciprocal tariffs.…
This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank’s FX analyst Volkmar Baur notes.…
The exemption of some electronics products from the reciprocal US tariffs has provided some relief on the stock market, although expectations were quickly dampened again…
In the wake of the sharp fall in oil prices, the time spreads, i.e. the price differentials along the forward curves, also narrowed significantly last…
China’s crude oil imports rose to 12.1 million barrels per day in March, according to data from the customs authority, Commerzbank’s commodity analyst Carsten Fritsch…