
RBNZ Cuts Interest Rates to 4.75% Amid Economic Slowdown
Oct 09, 2024 02:44 am UTC| Economy
RBNZ Cuts Rates Amid Inflation and Growth Concerns The Reserve Bank of New Zealand (RBNZ) lowered its official cash rate by 50 basis points to 4.75% on Wednesday, aligning with market expectations. The move is aimed at...

Dollar Pauses After Rally, Yen and Other Major Currencies Stabilize
Oct 09, 2024 02:33 am UTC| Economy
Dollar Stabilizes, Offering Relief to Global Currencies The U.S. dollar paused its rally on Wednesday, providing relief to major currencies like the yen, following last weeks sharp rise to a seven-week high. Investors...

New Zealand Central Bank Cuts Cash Rate by 50 Basis Points to 4.75%
Oct 09, 2024 02:12 am UTC| Economy
New Zealand Cuts Cash Rate to 4.75% to Control Inflation On Wednesday, the Reserve Bank of New Zealand (RBNZ) lowered its official cash rate (OCR) by 50 basis points to 4.75%. This decision aligns with market...

FTSE Russell to Add India and South Korea Bonds to Global Bond Indices
Oct 09, 2024 02:04 am UTC| Economy
FTSE Russell to Include India and South Korea Bonds in Global Indices FTSE Russell announced it will include Indias sovereign bonds in its Emerging Markets Government Bond Index (EMGBI) starting September 2025,...

U.S. Stock Futures Steady Amid Fed Rate Speculation and Key Inflation Data
Oct 09, 2024 01:56 am UTC| Economy
U.S. Stock Futures Hold Steady Ahead of Fed Signals U.S. stock index futures remained mostly flat in evening trading on Tuesday as investors await key signals from the Federal Reserve regarding future interest rate...
FxWirePro- Major Economic events today
Oct 09, 2024 01:48 am UTC| Economy
Time (GMT) Currency Impact Forecast Previous 6 am EUR Low German trade...

Can China’s stimulus blitz fix its flagging economy?
Oct 08, 2024 16:46 pm UTC| Insights & Views Economy
Pan Gongsheng, the governor of Chinas central bank, announced a raft of measures on September 24 aimed at boosting the countrys flagging economy. The move, which came a week before the 75th anniversary of communist party...