Xi Jinping hopes to Drive a Wedge between Europe and US
The Geopolitical Stakes of the Xi visit to Europe President Xi Jinping's recent trip to Europe reveals a shift in dynamics since his last visit five years ago. European leaders…
Bank of England Holds Rates Steady
BOE's Monetary Policy Committee Voted 7–2 to Keep Rates on Hold The Bank of England decided to keep its key interest rate unchanged at 5.25%, but hinted at potential rate…
FED Holds Rates Steady amid Stubborn Inflation
FED Keeps Rates on Hold Summary: The Federal Reserve decided to leave interest rates unchanged due to concerns about inflation and affirmed the need for more evidence before considering rate…
BOJ Intervention of $59 Billion Boosts Japanese Yen
Bank of Japan Intevenes Twice to Shore up the Yen Summary: Japanese authorities intervened in the currency market with about $59 Billion USD (equivalent to 9 Trillion Yen) to shore…
FED Decision and Mixed Economic Signals
Economic Data Send Mixed Signals Today, the market received mixed signals from the economic data releases (GDP, jobless claims) and this outlook is just ahead of the FOMC meeting next…
Bank of England Interest Rate Forecast under Persistent Inflation
BOE Rate Cut Expectations A senior policymaker at the Bank of England, Huw Pill, has warned against cutting interest rates soon despite above-target inflation. The bank seems divided on the…
