EUR/USD
1.16838
-0.242%
Gold
4530.85
-1.442%
Oil
102.050
4.685%
USD/JPY
160.114
0.313%
GBP/USD
1.34859
-0.234%
GBP/JPY
215.936
0.089%
Real-time News
Starbucks (SBUX.O) rose 4% after the company raised its annual forecast.The Bank of Canada will release its interest rate decision and monetary policy report in ten minutes.Storage stocks rose after Seagate Technology (STX.O) issued an optimistic forecast. Western Digital (WDC.O) rose 9.7%, Micron Technology (MU.O) rose 4%, and SanDisk (SNDK.O) rose 6.7%.White House official: Trump has discussed with oil companies plans to extend the blockade of Iran for several months if necessary.1. Wells Fargo: Still expects the Fed to cut rates twice this year, by 25 basis points, in September and December respectively. 2. ANZ: The Fed is very likely to restart its rate-cutting cycle in the third quarter of this year, most likely at the September meeting. 3. Goldman Sachs: Expects the Fed to cut rates by 25 basis points each in September and December, and believes the possibility of a rate hike this year is very small. 4. Bank of America: Downside risks to economic growth lead us to continue to predict a 50 basis point rate cut by the Fed later this year. 5. TD Securities: By the September decision, the market will have accumulated enough evidence to support the Feds gradual return to an easing cycle. 6. Standard Chartered: Once Warshs nomination is confirmed, the Fed will likely shift its focus to reviving the weak job market and resuming rate cuts. 7. Commerzbank: In the medium to long term, the Fed will be unable to resist pressure from the US president and may cut rates for the first time by the end of the year, followed by two more rate cuts in 2027. 8. Danske Bank: Expects the Federal Reserve to keep interest rates unchanged throughout the summer and eventually resume rate cuts in September and December. 9. Barclays: If inflation falls as expected, the Fed is expected to gain sufficient confidence to begin easing policy around September. 10. ING: Maintains its forecast that the Fed will cut rates twice this year, in September and December. 11. BNY Mellon: Assuming the Strait of Hormuz reopens, the Fed will cut rates twice in the fourth quarter.
