Daily Global Forex Market Highlights (January 27)
2025-01-27 15:34:10
< br > < span class = "section-news" > 1. US consumer confidence is showing signs of weakness, with inflation expectations holding most of the gains since the election. < br > < span class = "section-news" > 2. European Central Bank President Christine Lagarde: Strong confidence that inflation will continue to slow. < br > < span class = "section-news" > 3. According to Handelsblatt: The German government expects economic growth to be 0.3% in 2025, down from the previous forecast of 1.1%. < br > < span class = "section-news" > 4. Traders cut bets on the European Central Bank to cut interest rates in 2025 after stronger-than-expected German PMI data. < br > < span class = "section-news" > 5. The Bank of Japan raised interest rates by 25 basis points to 0.5% last week, raising interest rates to the highest level since 2008 and raising inflation expectations. < br > < span class = "section-news" > 6. Bank Indonesia Governor: Has intervened in the foreign exchange market to manage the stability of the Indonesian rupiah. Think there is room for further rate cuts. < br > < span class = "section-news" > 7. IMF Managing Director Georgieva: The world has made significant progress in curbing inflation. < br > < span class = "section-news" > 8. Thai Finance Minister: The economy is expected to grow by more than 3% this year, and the economy will be driven by stimulus measures and foreign investment. < br > < span class = "section-news" > 9. British Chancellor of the Exchequer Reeves announced a new strategy for sovereign wealth funds and investment offices, which will play a key role in promoting investment in technology, manufacturing and green energy.