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Following the US's move to increase tariffs on imports from China, Chinese officials have fiercely promised to retaliate, stressing that this will seriously affect bilateral cooperation with the US.
U.S. Stock Futures Mixed After Rally Fueled by Hopes of Fed Rate Cuts U.S. stock markets were headed for a muted opening on Tuesday, appearing to cool off…
Pound Sterling (GBP) extended it gains against the US Dollar (USD) amid a risk-positive start to the week.
(Bloomberg) -- Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts doubt on the Federal Reserve’s ability to start lowering interest rates later this year. Global bonds echoed the selloff. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets
The Reserve Bank of India is likely to cut the key policy rate by 100 basis points in the next two years, while interest rate swaps are not pricing in any cuts at all during the period, Vikas Jain, head of India fixed income, currencies and commodities trading, said in an interview.