The Bank of England is expected to cut interest rates by about 80 basis points by the end of 2025, compared with about 75 basis points expected on Friday, UK interest rate futures show.
The Bank of England is expected to cut interest rates by another 25 basis points this week, as policymakers weigh signs of a weakening British economy against the prospect of a short-term pick-up in inflation. Financial marekt has been betting that the Bank of England's monetary policy committee will cut the official interest rate to 4.5% on Thursday, the third cut in borrowing costs in more than half a year. But with inflation likely to pick up again in the UK and US President Donald Trump's ta...
The New Zealand dollar against the US dollar NZD/USD fell by 2.00% during the day and is now trading at 0.5522.
Trump's tariff policy has begun to land, and the road to a stronger dollar may not be over yet? The Federal Reserve's interest rate cut is expected to meet the non-farm test again, and gold is once again aiming at $3,000 after the end of the consolidation? Click to view...
On February 1st, on January 31st, the Southern Theater of the Chinese People's Liberation Army organized naval and air forces to carry out combat readiness police patrols in the territorial waters and airspace of Huangyan Island and surrounding areas of China. Since January, the Theater has organized naval and air forces to continuously strengthen the patrols and airspace around the territorial waters of Huangyan Island, further strengthen the control of relevant maritime and airspace, resolutel...
Swiss banking giant UBS, which manages $5.70 trillion in assets, has tested its UBS Key4 Gold offering on Ethereum's Layer-2 network ZKSync to explore scaling and privacy solutions.
Federal Reserve Governor Bowman: I hope to see progress on inflation before adjusting interest rates.
Federal Reserve Governor Bowman: Prefer to adjust policy in a cautious and gradual manner.
Federal Reserve Goolsbee: Theoretically, a one-time tariff increase is short-lived and may not require a policy response.
Switzerland's KOF economic leading indicator for January was 101.6, with expectations of 100.2. The previous value was revised from 99.5 to 99.6.
ABN AMRO and German regulatory platform 21X have completed a joint proof-of-concept (PoC) on the Polygon Amoy testnet, enabling the listing of tokenized assets and e-currency tokens. By deploying 21X's on-chain order book smart contract, both parties can complete the transaction of tokenized cash and tokenized assets in a single transaction. It is worth noting that, as a company dedicated to building a blockchain stock exchange, 21X received approval from the German financial regulator BaFin in ...
Thailand's finance minister told a Securities and Exchange Commission meeting on Thursday that the government is considering issuing government bond-backed stablecoins that could be used to make payments to merchants and could attract investors.
Thailand's finance minister said it proposes to set up a "sandbox" of digital assets in Phuket.
The Federal Reserve made its debut in the new year, maintaining the base rate unchanged at 4.25% -4.50%, in line with market expectations. (Jin Ten)
Federal Reserve Chairperson Jerome Powell told a news conference that the cryptocurrency industry could benefit from more regulations governing its behavior. "We're not against innovation, we're not against banks interacting with the cryptocurrency space," he said. "But it would be helpful to have a larger regulator around cryptocurrencies. That would be a very constructive thing for Congress to do." (Kim X)