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Bostic anticipates one rate cut this year and acknowledges influence from US-China relations on inflation

Raphael Bostic sees one rate cut in 2024, citing inflation concerns and modest economic growth ahead.
Written on May 16, 2025 at 2:15 pm
Categories: Live Updates
The GBP strengthens towards 1.3330 against the USD, continuing its upward trend from Thursday

Pound Sterling rises near 1.3330 amid weak US data; traders eye Fed rates, UK inflation outlook.
Written on May 16, 2025 at 2:11 pm
Categories: Live Updates
Italy’s April CPI showed a rise to 1.9%, with core inflation increasing to 2.1%

Italy’s April inflation slightly revised down; core inflation rises due to higher services prices at 3.0%.
Written on May 16, 2025 at 1:45 pm
Categories: Live Updates
Commerzbank’s analyst states that OPEC continues to expect an undersupplied oil market and confirms demand forecasts

OPEC maintains 1.3 million barrel demand forecast, warns of trade risks; supply cuts may boost production.
Written on May 16, 2025 at 1:40 pm
Categories: Live Updates
Global Times urges an extension of the US-China trade truce for further cooperation beyond 90 days

Beijing urges extended cooperation as 90-day window may be insufficient; progress depends on US patience.
Written on May 16, 2025 at 1:16 pm
Categories: Live Updates
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