Bank of Korea Governor Rhee Chang-yong on Friday flagged the potential for further, timely rate cuts, following the board's ...

Fiscal stimulus that meets market expectations will likely boost iron ore futures up towards CNY900 a tonne, but the rise ...

Elon musk is presenting at Tesla's Robotaxi event at the moment, where he has unveiled a "Cybercab" & "Robovan".Cybercab to cost under $30,000 with production to start 2026, while separately the ...

Market reaction to the BoK move is fairly modest so far, which is not surprising given it was widely expected to deliver the easing. USD/KRW spot sits off recent highs, last back under 1350. The won ...

"*ARGENTINA SEPT. CONSUMER PRICES RISE 3.5% M/M; EST. +3.60%"Follows a 4.2% m/m gain in August"*ARGENTINA SEPT. CONSUMER PRICES RISE 209% Y/Y; EST. +209.10%" - BBGFollows a 236.7% y/y increase in Augu ...

The Colombian peso has outperformed today, gaining by 0.8% against the dollar, as it has benefitted from the 4% rebound in oil prices. The move in USDCOP back below 4200 has come despite some cautious ...

Itaú says the Banxico minutes are consistent with their view of the central bank implementing continuous policy rate cuts ahead. Their base scenario is for Banxico to cut the policy rate by 25bp in ...

The greenback has gone bid on the latest headlines from Bostic with USDJPY popping around 40 pips from 148.50 to 148.90 in recent trade.The downside pressure on equities helps EURUSD through session ...

Atlanta Fed’s Bostic (’24 voter) has told the WSJ that he is “totally comfortable with skipping a meeting if the data suggests that's appropriate."From the WSJ write-up: In new projections submitted ...

President Claudia Sheinbaum is set to tap a decades-long ally and confidant as Mexico’s top representative at the World Bank, as the newly inaugurated leader works to reduce poverty and boost ...

The U.S. labor market is solid, inflation is closing in on 2% and the Federal Reserve is finally lowering interest rates to a ...

Regarding the possibility of accelerating the pace of rate cuts going forward, one member of the committee said that “given the levels that core inflation has already attained, the magnitude of ...