OECD issues monetary policy warning for US economy
Daily NewsThe Organization for Economic Co-operation and Development (OECD) warned that easing monetary policy too quickly in the US risks inflation remaining persistently ...
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The Organization for Economic Co-operation and Development (OECD) warned that easing monetary policy too quickly in the US risks inflation remaining persistently ...
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The International Monetary Fund (IMF) study revealed that countries are at different stages of readiness to take advantage of the potential benefits of artificial...
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It was the biggest outflow in a two-week period since U.S. exchange-traded funds approved a bitcoin spot ETF in January. Bitcoin saw outflows of nearly $600 milli...
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Oil held on to gains as investors weighed rising geopolitical tensions. Oil held on to gains as investors weighed the potential impact of rising geopolitical tens...
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US Treasury Secretary Janet Yellen announced that an additional $100 million program will be established over the next three years to support affordable housing f...
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San Francisco Fed President Mary Daly warned about the risk in the labor market, stating that inflation is not the only risk. San Francisco Fed President Mary Dal...
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Despite messages of support from Japanese authorities, the yen continues to weaken and positioning in options markets suggests further declines are expected. The ...
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While neutral interest rate expectations are prominent in the US, it is also evaluated that the level of interest rates may prevent the rise in bond markets. Whil...
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Oil prices fell for a second session despite markets’ risk-off stance and increased attacks on ships off Yemen. Brent crude approached $85 a barrel and U.S. crude...
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Japan’s currency officer Masato Kanda said they were ready to intervene in money markets 24 hours a day if necessary. Despite Kanda’s statements, the yen continue...
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Investors in emerging markets (EM) began returning to long-term bonds, a popular investment vehicle late last year but one that has been costing them money in ear...
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China wants the EU to lift tariffs on Chinese electric vehicle imports by July 4. Beijing wants the European Union to lift preliminary tariffs on Chinese electric...
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Bond markets are pricing in expectations of more rate cuts from the Fed, also influenced by the CPI data. Although Fed projections now call for fewer rate cuts th...
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Bundesbank President Joachim Nagel said that core inflation in the Eurozone is sticky. The hawkish member of the European Central Bank, Bundesbank President Joach...
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The US Federal Reserve (Fed) announced its eagerly awaited interest rate decision. In line with expectations, the Fed kept the policy rate unchanged at the highes...
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The Moscow Stock Exchange announced that transactions in dollars and euros will be terminated as of June 13 due to US sanctions. In a written statement from the M...
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The US Consumer Price Index (CPI) remained unchanged in May. The country's core CPI, which excludes variable energy and food prices, increased by 0.2 percent mont...
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The European Union (EU) has announced that it will impose additional customs duties ranging from 17.4 percent to 38.1 percent on electric vehicles produced in Chi...
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The Biden administration is aiming to restrict China’s access to chip hardware that is just beginning to enter the market. According to people familiar with the m...
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Oil held on for two days of gains as industry data pointed to a decline in U.S. crude inventories ahead of the International Energy Market’s market outlook report...
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Foreign Minister Hakan Fidan, who went to Russia to attend the BRICS+ meeting and hold bilateral contacts, was received by President Putin at the Kremlin Palace. ...
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