On Wednesday, Romania's central bank raised its key interest rate by more than expected, predicting that inflation will hit double digits in the second quarter, fueled by rising energy prices, and will remain above goal for longer. The bank increased…
Continue ReadingSocGen Predicts South Korea's December CPI This Week Societe Generale said South Korea's headline consumer price index (CPI) was expected to have eased in December after the impressive rise in October and November, although it was likely to have remained…
Continue ReadingStock Market On Monday, U.S. and European stock futures rose as Asian markets trailed, bonds gave up some of their previous gains, and oil rose as Saudi Arabia raised its crude oil prices. The Federal Reserve's tepid employment data in…
Continue ReadingAsia Forex news roundup: Japan's wholesale inflation has reached a four-decade high. On Thursday, November 11, 2021, forex news for Asia trading will be released. The fact that Evergrande had paid its bond interest offered a positive input for sentiment…
Continue ReadingHeadlines ECB decision at 1130 GMT, news conference to follow BoJ gives another dovish outlook on inflation Aussie falls after surprise RBA decision ECB The euro dipped below $1.16 ahead of the European Central Bank meeting on Thursday as investors…
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