In a speech today, ECB Chief Economist Philip Lane noted that the central bank’s baseline projections reflect the market yield curve and anticipate “a set of rate cuts” in 2024 and 2025. He noted that with a clearly restrictive deposit facility rate of 3.75%, ECB could address potential “upside shocks to inflation” by adopting a […]
The post ECB’s Lane: Not pre-committing to a particular rate path appeared first on Action Forex.
You need some space? Then Rocket Lab USA (RKLB) can help you out. Space is their speciality. Related: Veteran investor sets his sights on Palantir, SoFi and Rocket Lab The Long Beach, Calif.-based space-systems company Read more…
Unexpected developments from Asia significantly influenced global financial markets last week. China’s surprise stimulus measures invigorated investor sentiment, leading to substantial gains in Chinese and Hong Kong equities, as well as strengthening Chinese Yuan. This Read more…
EUR/USD edged higher to 1.1213 last week but quickly settled back in range. Initial bias remains neutral this week first. Further rally is expected as long as 1.1001 support holds. Above 1.1213 will resume the Read more…