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The central bank’s board voted unanimously to keep the overnight interest-rate target at 6.5%, and and reiterated its expectation that it will stay on hold for the foreseeable future.
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Societe Generale strategists note the Japanese Yen (JPY) remains the main G10 laggard despite higher domestic yields and Bank of Japan (BoJ) tightening.
U.S. Treasury yields edged higher Tuesday as investors await July's inflation data print amid ongoing Iran tensions.
Uncertainty regarding the opening of the Strait of Hormuz and a peace agreement between Iran and the U.S. weighed on sentiment, as Trump said Iran would need to pay compensation before any deal could…
The Euro (EUR) extends losses for the second consecutive day against the British Pound (GBP) on Tuesday, weighed by a cautious market mood as hopes of a swift end to Iran’s war wane and Oil prices climb. The EUR USD pair remains capped below 0.8550 after hitting two-week lows at 0.8536 on Monday.
The findings come in the wake of the Indian government wanting to implement its E20 policy across the country as the primary transport fuel. While E20 for petrol has been implemented across the country, the fate of E20 diesel now looks dim.
Private equity firms across the UK and Europe are increasingly turning to minority stake sales, special-situations funds and hybrid capital strategies to generate liquidity for limited partners as conventional exits remain challenging, according to law firm White & Case.