Fed’s Bullard: Policymakers need to account for new inflation risks in coming months
St. Louis Fed President James Bullard said on Thursday that there is tangible risk inflation
Mexico: Banxico hikes benchmark interest rate by 25 basis points to 4.25%
The central bank of Mexico (Banxico) announced on Thursday that it hiked the benchmark interest
Singapore: Pick-up in inflation seen as transitory – UOB
Economist at UOB Group Barnabas Gan assesses the latest release of inflation figures in Singapore.
US: Transportation sector boosts Durable Goods Orders – Wells Fargo
Data released on Thursday showed that Durable Goods Orders rose 2.3% in May, below expectations.
Bank of England didn’t deliver the hawkish tilt – Rabobank
As expected, the Bank of England (BoE) kept its monetary policy stance unchanged on Thursday.
US banks clear Fed stress test; paving way to boost buybacks, dividends
As the US Federal Reserve finds the banks well-capitalized in its latest stress results, per
US: Weekly Initial Jobless Claims edge lower to 411K vs. 380K expected
Weekly Initial Jobless Claims in the US declined by 7,000. US Dollar Index stays in
USD/JPY struggles near session lows, around 110.75 region on softer US macro data
USD/JPY eroded a major part of the overnight gains to the highest level since March
US: Durable Goods Orders increase by 2.3% in May vs. 2.7% expected
Durable Goods Orders in US rose less than expected in May. US Dollar Index extends
AUD/USD steadily climbs back closer to 0.7600 mark amid softer USD
A combination of factors assisted AUD/USD to gain traction for the fourth consecutive session. The