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The Hang Seng Index surged by 3.6%, and the CSI300 Index rose by 1.4% following the People's Bank of China's 50bp cut in the reserve requirement ratio (RRR). The Nasdaq 100 ...
To the extent that tax cuts put more money in consumer pockets they will increase demand and add to inflationary pressure. JP Morgan made a similar point: • Fiscal policy should ...
The sharp decline in inflation could pave the way for a Goldilocks-type economy of steady growth and low consumer prices.
USD was ultimately lower on Wednesday after a rollercoaster of a session. Broad risk-on sentiment early on saw the Dollar Index (DXY) plummet to hit a low of 102.77 until strong ...
The USD/JPY declined by 0.54% on Wednesday. Reversing a 0.13% gain from Tuesday, the USD/JPY ended the day at 147.487. On Wednesday, the USD/JPY rose to a high of 148.384 before ...
New Zealand consumer prices rose 0.5% in the December quarter, leaving prices up 4.7% over the past year. • The strong inflation headwinds that have been buffeting the New Zealand ...