Wednesday is largely in line with Chair Powell's post-December press conference commentary: further rate cuts are expected if the economy unfolds as expected. But Waller is more forceful on the ...

Federal Reserve Governor Chris Waller said Wednesday interest rates should continue to fall in 2025 as inflation cools ...

Despite the underlying dollar bid, the underperformance for UK assets has prompted a solid uptick for EURGBP on Wednesday, and a firm break above resistance at 0.8311, the 50-day EMA. We have reached ...

Long end weakness, fiscal worry and the latest round of media speculation surrounding Trump’s tariff preferences promote hawkish repricing for GBP STIRs.BoE-dated OIS now prices ~46bp of cuts through ...

The firmer greenback price action on Wednesday has further weighed on the South African rand. USDZAR has now advanced 1.4% on the session to a fresh 7-month high.Today’s gains have confirmed a ...

Europe’s “green transition” requires additional investments of 2.9% to 4.0% of EU GDP each year until 2030, the European Central Bank said in a paper published on Wednesday.With investment falling ...

Treasuries have sold off over the past hour as US desks join, lagging sharp downward pressure in Gilts after long end yields broke to fresh multi-decade high. CNN has more recently reported Trump is ...

Kazakhstan has revised oil output targets for 2025 down to 96.2m tons from 97.2m tons, Interfax said citing the Energy Ministry.Kazakhstan previously lowered its planned oil production for 2024 to 87.

The higher UK yields offering little support to sterling, with the dollar bid gaining further traction and prompting cable to slide the best part of 40pips in recent trade. Momentum picked up through ...

Gilt weakness extends on the move through yesterday’s low in futures, no fresh headlines seen.10s target 4.70%, highs of 4.695% thus far, 30s register fresh multi-decade highs at 5.257%.

Denmark will ban the use of corn as an energy crop in biogas production to boost sustainability. While the industry can adjust to this ban with minimal impact on overall production, it may face ...

CPI inflation data for December will be published at 1100GMT/0600ET, with the chained measure expected to rebound to 4.7% y/y, from 4.2% in November, according to the median estimate within the ...