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IMF urges Japan to keep raising rates, warns against sales tax cuts | investingLive
The IMF urged Japan to continue gradual rate hikes toward neutral by 2027 and warned against cutting the consumption tax, highlighting fiscal risks as Takaichi’s government pushes ahead with tax relief plans. Summary: International Monetary Fund urges Japan to keep raising rates gradually to neutral by 2027. Warns against cutting the consumption tax, saying it…
Gold Forecast: Declines Amid Dollar Recovery, Shutdown Deal – Forex Crunch
Gold forecast shows a slight bearish bias amid renewed investor confidence and optimism around the US shutdown. The non-yielding gold remains supported by expectations of Fed easing and US economic worries. Traders await commentary from FOMC officials for further impetus regarding Fed easing. Gold forecast shows a short-term bearish pullback, as it trades near $4,115…
Dealing With MidEast War Uncertainty and Digesting Purchasing Managers Survey, Japanese Tankan and U.S. Data Releases – Currency Thoughts
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New Zealand Dollar weakens to near 0.5950 despite hotter Chinese CPI inflation data | FXStreet
The NZD/USD pair trades in negative territory near 0.5950 during the early Asian trading hours on Monday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) after the release of the Chinese inflation report. The US Existing Home Sales data for April is due later on Monday. Data released by the National Bureau…
