UBS lowers EURSEK forecast as Riksbank’s surprise rate cut to 1.75% weighs

UBS lowers EURSEK forecast as Riksbank’s surprise rate cut to 1.75% weighs
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UBS lowers EURSEK forecast as Riksbank’s surprise rate cut to 1.75% weighs
Source link
The White House is urging Congress to reject legislation that would place stricter limits on exports of advanced AI chips—such as those from Nvidia Corp.—to China and other foreign buyers, according to a Bloomberg report. The proposed bill, part of the so-called “GAIN AI” effort and currently under consideration in a defence-spending package, would require…
The Home Office is launching a fresh wave of immigration raids for illegal working and boasting of record numbers of deportations as Labour attempts to counter the growing political threat from Reform UK. Ahead of the second reading of the new border security bill today, officials announced that both illegal working visits and arrests since…
Investing.com– U.S. stock index futures rose in evening deals on Sunday as Wall Street appeared to be relieved by President-elect Donald Trump nominating prominent investor Scott Bessent as Treasury Secretary. Futures were buoyed by a persistent rotation into cyclical and economically sensitive stocks, as markets positioned for more expansionary policies under Trump. But overall gains…
The progressing US-China trade talks subdued gold’s safe-haven appeal. The 3% inflation YoY reinforces hopes for two Fed cuts by 2025. Due to the ongoing Federal government shutdown, the markets face a delay in key data releases. The gold outlook shows a steep decline, the first in the last five years, as the pair traded…
Russian court will hear central bank’s lawsuit against Euroclear on January 16 Source link
Next Week’s Menu: May 9-15, 2026 May 8, 2026 Central Banks: Monetary policy reviews are scheduled in Romania and Peru. Hammack, Goolsbee and Williams have speaking engagements. So do Cipollone of the ECB and Mann of the Bank of England. A summary of the recent Bank of Japan board meeting will be published. U.S. Data…