USD/CAD attracts sellers for the fourth straight day and seems vulnerable to slide further. An uptick in Crude Oil prices and reduced bets for a BoC...
The Pound Sterling is expected to remain volatile as UK Reeves is scheduled to deliver the Spring Statement on Wednesday. Investors will also focus on the...
NZD/USD refreshes weekly high near 0.5750 as the New Zealand Dollar strengthens after Chinese officials left the door for additional monetary stimulus. PBOC Pan Gongsheng indicated...
Reuters reported on Thursday, citing two sources with knowledge of the matter, China is planning to issue special sovereign bonds worth about 2 trillion Yuan ($284.43...
European Central Bank (ECB) Governing Council member and Bank of France President, François Villeroy de Galhau, commented on the French fiscal situation on Wednesday. Key quotes We...
USD/INR concludes the week on a promising note as US Dollar extends its upside. The expectations for Donald Trump winning US presidential elections have increased. Union...
Japanese Economy Minister Yoshitaka Shindo said on Monday that the government will “continue efforts for primary balance to reach within surplus territory in FY 2025.” “Real...
New Zealand’s (NZ) Finance Minister Nicola Willis said in a speech on Thursday that The (government’s) deficit is expected to be larger next year than it...
Share: Today’s budget is the next scheduled event on the UK political calendar. A budget in line with expectations would offer little incentive for the Pound...
Share: Japan’s top currency diplomat Masato Kanda said on Tuesday, we “must brace for higher interest rates environment given assumed interest rates raised to 1.9% from...
Share: Expectations on the March 6 UK Budget may slowly start to feed into the Pound Sterling (GBP) price action. Economists at ING analyze how the...
Share: China’s Vice Finance Minister Wang Dongwei said on Thursday that they “will appropriately increase investment under the central government budget.” Additional takeaways 2023 tax and...
Share: Australian Treasury presented the Mid-year Economic and Fiscal Outlook (MYEFO) on Wednesday, with the key highlights noted below. 2023/24 budget deficit at a$1.1 bln vs...
Share: On Wednesday, UK Chancellor Jeremy Hunt presented the Autumn Statement. Economists at Commerzbank analyze GBP outlook following the Tories’ tax plans. Lower taxes and public...
Share: China’s newly appointed Finance Minister Lan Foan said over the weekend that the government “will accelerate the issuance and use of government bonds.” Additional quotes...
Share: Newly elected US House Speaker Mike Johnson said in a Fox News interview late Thursday that President Joe “Biden’s funding request for Ukraine and Israel...
Share: The US fiscal 2023 deficit surpasses all pre-COVID deficits. The budget deficit for September totals $170 billion. The US government recorded a budget deficit of...
Share: Economists at Commerzbank analyze how fiscal fears could affect exchange rates. The ECB has become the fighter against every sovereign debt crisis If there is...
Share: The US Treasury Department has announced that the government recorded a $227.8 billion deficit in June, which was larger than the expected deficit of $175...
Share: The US government records a $240 billion budget deficit in May 2023, according to the Treasury Department. Total receipts for the month were $307 billion,...