
Ueda Chairs First BOJ Meeting, and US and EMU Provide First Estimate of Q1 GDP: The Week Ahead
As April draws to a close, the systemic stress in the banking sector continues to subside, and the market is turning its attention to likely rate hikes by Federal Reserve
USD/JPY Pulls Back Off Session Highs to Trade at About 134.105
The USD/JPY currency pair on Friday pulled back off the session highs of about 134.330 to trade at about 134.105. The currency pair appears to be forming a descending channel
End of an era as economist Kazuo Ueda takes over Haruhiko Kuroda as Bank of Japan governor on Sunday
Economist Kazuo Ueda is set to succeed Mr Haruhiko Kuroda as the governor of the Bank of Japan (BOJ) on Sunday (Apr 9). Unlike past governors who traditionally hailed from
Bitcoin leads crypto market recovery as regulators turn up heat: Report
March has been a turbulent month for the crypto industry. Bitcoin (BTC) recorded its highest weekly close in 10 months and raised hopes among many that the bear market is over. One
Week Ahead – US CPI data, Fed minutes, and BoC decision on investors’ radar
Next week starts on a quiet note as Monday is Easter Monday for most economies on our radar. That said, the calendar becomes heavier as the days pass by, with
ECB ‘Certainly’ Isn’t Done With Interest-Rate Hikes, Knot Says
The European Central Bank has to continue to raise borrowing costs, according to Governing Council member Klaas Knot, conceding that a slower pace of tightening could be warranted. “We are
Banks Become Hostile to Crypto Firms Challenging UK’s Crypto Hub
Latest reports revealed that the DeFi-powered crypto fintech, SavingBlocks’ application for a corporate account has been denied by seven banking service providers in London, posing a challenge to the country’s
Euro-area inflation: lower but stickier
Inflation drops sharply on base effects from energy price increases in March last year, while core inflation continues to increase driven by higher service price inflation, which will keep the
China’s RMB becomes Brazil’s second-largest international reserve currency
The Central Bank of Brazil announced on Friday that the Chinese currency renminbi (RMB), or the yuan, has surpassed the euro to become the country’s second-largest international reserve currency. According