ECB’s Šimkus: Likelihood of an October rate cut is very small
Source Fxstreet
European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Tuesday, “the likelihood of an October rate cut is very small.”
Additional quotes
We won't have many new data points in October.
The economy is developing in line with forecasts.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
U.S. September Nonfarm Payrolls: Two-Scenario Analysis, Will U.S. Stocks Diverge in Short-Term and Medium-to-Long-Term Trends?1. IntroductionAffected by the U.S. government shutdown, the September nonfarm payrolls report—originally scheduled for release in early October—will be officially published on 20 November. As a key "
1. IntroductionAffected by the U.S. government shutdown, the September nonfarm payrolls report—originally scheduled for release in early October—will be officially published on 20 November. As a key "
Ethereum's price plunged below $3,000 for the first time in four months, marking growing concerns of a potential end to the bull market.
Ethereum is trading near $3,150 and just 8% above a key $2,895 long-term holders’ cost basis, with on-chain flows, macro uncertainty and support around $3,000–$2,800 all shaping what comes next for ETH.
Gold price (XAU/USD) extends the decline to around $4,030 during the early Asian session on Tuesday. The precious metal edges lower as traders dialed back expectations of a US interest rate cut next month.
After slumping below $93,500, 2025 Bitcoin price gains have been completely wiped out. Investors are puzzled as to why its bull market, underpinned by political tailwinds, institutionaliz
