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Australian Dollar: RBA pause signals extended plateau – OCBC

OCBC’s Christopher Wong notes the RBA kept rates at 4.35% while retaining a tightening bias, signalling readiness to hike if needed. However, slowing growth and rising unemployment point to a prolonged pause.

Source  Fxstreet1781693042
British Pound: Political risks and BoE stance – RaboResearch

RaboResearch Global Economics & Markets discusses recent UK CPI and labour data and their implications for the Pound, EUR/GBP and GBP/USD. The bank notes softer UK inflation, signs of spare capacity in the labour market and tighter financial conditions.

Source  Fxstreet1781692508
Japanese Yen: BoJ hike fails to lift currency – OCBC

OCBC’s Christopher Wong highlights that the BoJ’s widely expected 25 bp hike to 1.0% and confirmation of tapering ending in 2027 delivered limited support for the Japanese Yen.

Source  Fxstreet1781692368
Federal Reserve set to hold interest rates in Warsh's debut as chair

The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, another pivotal meeting for markets to gauge the stance of policymakers and new Chair Kevin Warsh as energy prices retreat after the United States and Iran reached a framework deal to reopen the Strait of

Source  Fxstreet1781690400

United Kingdom DCLG House Price Index (YoY) registered at 3.8% above expectations (2.8%) in April

Source  Fxstreet1781685152

South Africa Consumer Price Index (MoM) dipped from previous 1.1% to 0.7% in May

Source  Fxstreet1781683214

South Africa Consumer Price Index (YoY) came in at 4.5%, below expectations (4.7%) in May

Source  Fxstreet1781683211
ECB policymaker Simkus: Sees at least one more rate hike to cap inflation expectations

European Central Bank (ECB) policymaker, Gediminas Šimkus, crossed the wires during the early European session on Wednesday, saying there's still enough upside risk for inflation to justify additional policy tightening.

Source  Fxstreet1781681674
New Zealand Dollar declines as market caution emerges ahead of Fed policy decision

NZD/USD depreciates after registering modest gains in the previous day, trading around 0.5820 during the early European hours on Wednesday. The pair loses ground as the New Zealand Dollar (NZD) struggles on market caution ahead of the Federal Reserve (Fed) policy decision due later in the day.

Source  Fxstreet1781681523

Sweden Riksbank Interest Rate Decision in line with expectations (1.75%)

Source  Fxstreet1781681408

Austria HICP (YoY): 0.7% (May) vs previous 3.4%

Source  Fxstreet1781679782

Austria HICP (YoY) rose from previous 3.4% to 3.7% in May

Source  Fxstreet1781679763

Austria HICP (MoM) meets forecasts (0.1%) in May

Source  Fxstreet1781679753
Federal Reserve: Warsh era begins with hawkish tilt – Deutsche Bank

Deutsche Bank’s US economists expect the first Federal Reserve meeting under Chair Kevin Warsh to keep rates unchanged but shift guidance.

Source  Fxstreet1781678644
Forex Today: Fed rate decision and revised dot plot to ramp up volatility

Here is what you need to know on Wednesday, June 17:

Source  Fxstreet1781676903
United Kingdom CPI inflation rises 2.8% in April: What it means for British Pound

The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 2.8% over the year in May, compared to a rise of 2.8% in April, the data released by the Office for National Statistics (ONS) showed on Wednesday.

Source  Fxstreet1781676118

United Kingdom Core Consumer Price Index (YoY) registered at 2.6%, below expectations (2.7%) in May

Source  Fxstreet1781676013

United Kingdom Retail Price Index (YoY) up to 3.1% in May from previous 3%

Source  Fxstreet1781676013

United Kingdom Retail Price Index (MoM) declined to 0.2% in May from previous 0.7%

Source  Fxstreet1781676013

United Kingdom Consumer Price Index (YoY) remains unchanged at 2.8% in May

Source  Fxstreet1781676012

United Kingdom Consumer Price Index (MoM) below forecasts (0.4%) in May: Actual (0.2%)

Source  Fxstreet1781676012

United Kingdom PPI Core Output (MoM) n.s.a above forecasts (0.4%) in May: Actual (0.8%)

Source  Fxstreet1781676009

United Kingdom Producer Price Index - Input (YoY) n.s.a registered at 8.7%, below expectations (8.8%) in May

Source  Fxstreet1781676009

United Kingdom Producer Price Index - Input (MoM) n.s.a below expectations (0.5%) in May: Actual (0.2%)

Source  Fxstreet1781676009

United Kingdom Producer Price Index - Output (YoY) n.s.a meets forecasts (4%) in May

Source  Fxstreet1781676009

United Kingdom Producer Price Index - Output (MoM) n.s.a meets forecasts (0.5%) in May

Source  Fxstreet1781676009
PBOC's Pan: Will act if money market overnight rate persistently deviates from operation rates

The People’s Bank of China (PBOC) Governor Pan Gongsheng said on Wednesday that the central bank would act if the money market overnight rate persistently deviates from operation rates.

Source  Fxstreet1781666447
China's Financial Regulator vows to intensify regulatory collaboration in new sectors

China's financial regulator on Wednesday pledged to intensify regulatory collaboration in new sectors, curb systemic risks, resolve real estate and local government debt exposures, and crack down on illegal activity and disorderly competition in the financial sector.

Source  Fxstreet1781661906

Australia Westpac Leading Index (MoM) dipped from previous 0.05% to 0% in May

Source  Fxstreet1781659988
WTI hovers near $76.00 amid rising global supply odds

West Texas Intermediate (WTI) oil price moves little after registering nearly 5% losses in the previous day, trading around $75.80 per barrel during the Asian hours on Wednesday.

Source  Fxstreet1781658318
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