EUR/USD
1.17308
-0.100%
Gold
4747.09
0.574%
Oil
90.325
0.750%
USD/JPY
159.272
-0.065%
GBP/USD
1.35060
-0.009%
GBP/JPY
215.118
-0.060%
Real-time News
European Central Bank Chief Economist Lane: I doubt whether we can gain a clear understanding of the situation regarding the war with Iran by next week.The UKs National Electricity System operator says fossil fuel generation has fallen to 2.1% of the UKs electricity mix. This is the lowest level of fossil fuel generation in the UK since at least 2009.Broadcom (AVGO.O): Expands its collaboration agreement with Google Cloud in the field of network insights.April 22 – According to a Reuters poll of economists, the Federal Reserve will likely wait at least six months before lowering interest rates this year, as the energy shock triggered by war has further exacerbated already high inflation. In the April 17-21 survey, 56 of the 103 economists surveyed predicted that the Feds benchmark interest rate would remain in the 3.50% to 3.75% range until the end of September. In a survey conducted in late March, nearly 70% of economists expected at least one rate cut by then. In an early March survey, most economists expected a rate cut by the end of June. In the latest survey, 71 economists still expect at least one rate cut this year, with the median forecast indicating only one cut, consistent with the Feds dot plot projections released last month. Currently, nearly one-third of economists expect interest rates to remain unchanged this year, almost double the percentage in previous surveys.German Chancellor Merz: A turbulent geopolitical situation is expected in the foreseeable future.
