RBA Raises Cash Rate amid Iran-Linked Inflation Pressures
RBA’s Decision and Rationale The RBA increased its cash rate by 25 basis points, in line with market expectations. The move was decided by a narrow 5-4 vote, underscoring internal divisions over the appropriate policy response at a time of...
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U.S. Launches Section 301 Forced-Labor Trade Probes Into 60 Economies
Wide-Ranging Section 301 Forced-Labor Investigations The U.S. Trade Representative (USTR) announced that the latest investigations will assess whether 60 economies, including China, the European Union, India and Mexico, have not adequately prevented goods made with forced labor from entering their...
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Goldman Sachs Raises U.S. Inflation Outlook and Cuts 2026 Growth Forecast on Oil Shock
Revised U.S. Inflation and Growth Projections Goldman Sachs now expects U.S. core PCE inflation to reach 3.5% by the end of 2026, up from its prior estimate of 3.0%. The bank attributes this revision to the pass-through effects of higher...
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U.S. Treasury Yields Edge Higher Ahead of Key February CPI Release
Treasury Market Moves and CPI Expectations On Wednesday, the benchmark 10-year U.S. Treasury yield rose more than 4 basis points to 4.177%, while the 30-year Treasury bond yield increased more than 3 basis points to 4.81%. The 2-year Treasury note...
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European stocks decline as U.S.-Iran war intensifies and oil rally resumes
European indices drop on renewed risk aversion The pan-European Stoxx 600 index fell 0.7% in early Wednesday trade, reflecting broad-based risk aversion across regional equity markets. Germany's DAX dropped 1.1% to 23,703.93, while France's CAC 40 declined 0.6% to 8,008.87....
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