Latest Finance-Economy News
China Announces LPR Rate Decision
China's Loan Prime Rate (LPR) is set for release at 04:15 MSK, crucial for assessing credit impulse, real estate demand, and Asian market sentiment. Investors watch if it signals stability or new stimulus amid global economic pressures.
This could influence the yuan and commodity assets.
Germany Releases PPI Data
Germany's Producer Price Index (PPI) will indicate potential new waves of price pressure in industry. This European inflation gauge helps evaluate pressures on the Eurozone economy.
Markets anticipate its impact on Euro Stoxx 50 and ECB policy.
Canada CPI Report Due
Canada's Consumer Price Index (CPI) release may trigger reevaluation of Bank of Canada rate expectations. Key for Canadian dollar and commodity-linked assets.
Investors focus on inflation trends affecting BoC decisions.
ECB's Lagarde Delivers Speech
Eurozone ECB President Christine Lagarde's speech could tighten rhetoric on inflation and interest rates. Central for euro currency markets and bond yields.
Listeners assess stance on monetary policy amid global data.
US Launches Tariff Refund Process
The US begins application process for refunds of illegally imposed tariffs, impacting corporate cash flows. Significant for importers and trade-sensitive sectors.
Highlights regulatory risks in US trade policy.
Kevin Warsh Fed Chair Confirmation Hearing
Kevin Warsh's confirmation hearing as Fed chair is scheduled for Tuesday, a key market driver. Comes amid mixed US labor data and flat consumer spending.
Fed base case projects one 25bps cut to 3.25-3.50% by year-end.
April PMI Data Across Major Economies
S&P Global April PMI for US, EU, UK, Japan, Australia due Wednesday-Thursday. Follows March stagflation signals from US-Iran conflict.
Expected to reflect post-ceasefire recovery and easing energy shocks.
March CPI Focus in Major Economies
March CPI data from major economies underscores inflation trends post-conflict. Influences central bank expectations globally.
Ties into PMI releases for comprehensive outlook.
Three EM Central Banks Decide Rates
Emerging market central banks, including Philippines BSP, decide on rates this week. BSP may hold at 4.25% despite hike calls, given peaking oil prices.
Affects EM currencies and risk sentiment.
US Treasury Meets South Korean Counterpart
Treasury Secretary Scott Bessent met Korea's Minister Koo on US-Korea trade and critical minerals. Agreed on curbing Korean won volatility and continuing FX consultations.
Discussed AI's role in G20 productivity goals.
AGNC Investment Reports Earnings
AGNC Investment releases report, indicator for mortgage securities and yield curve sensitivity. Relevant for US banking and MBS volatility.
Impacts S&P 500 sectors like finance.
New Global Scenarios Reshape Outlook
CIS-4 scenarios revise global economic outlook, with energy exporters benefiting most. Further upward revisions amid world economy shifts.
Influences commodity markets and trade flows.