15:01:41
OECD: The US federal funds rate is expected to peak at 5.25%-5.5% in the second quarter of 2023, with 2 "modest" rate cuts expected in the second half of 2024.
15:01:06
OECD: U.S. GDP growth is forecast to be 1.6% in 2023 (1.5% in March) and 1.0% in 2024 (0.9% in March).
15:00:29
OECD: Global GDP growth is forecast to slow to 2.7% in 2023.
14:52:18
Gazprom: will continue to deliver gas to Europe via Ukraine, with 40.6 million cubic meters delivered on Wednesday.
14:52:06
EU Energy Commissioner Simson: The EU is still negotiating with countries on renewable energy agreements.
14:50:20
The Philippine stock index rose 1.3 percent.
14:50:14
German Air Force Commander: Deployment exercises in 2023 may cause disruption to civil air traffic.
14:50:00
The OECD will release its economic outlook report in ten minutes.
14:48:21
The financial website Forexlive commented on France’s trade balance in April: France’s trade deficit increased slightly in April, because exports fell by 1.0% year-on-year in the month, while imports increased by 1.3% year-on-year.
14:45:03
France exported 49.784 billion euros in April, the previous value was 50.488 billion euros.
14:35:03
Musk: (Twitter) platform will provide creators with emails of subscribers.
14:25:52
The U.S. dollar index DXY rose nearly 10 points in the short term and is now at 104.23.
14:25:18
Spot gold fell by $4 in the short term, falling back below $1960 an ounce, down 0.18% within the day.
14:24:45
The euro against the U.S. dollar EUR/USD fell nearly 10 points in the short term and is now at 1.0676.
14:23:06
European Central Bank executive member Schnabel: We need to see convincing evidence that inflation returns to the 2% target in a sustained and timely manner. We are not there yet.
14:20:53
European Central Bank executive member Schnabel: The service industry plays a key role in (affecting potential) inflation, because wage costs have a greater impact on inflation in the service industry.
14:19:52
European Central Bank executive member Schnabel: headline inflation in the euro area fell relatively quickly after peaking at 10.6% in October last year, but underlying inflation (excluding food and energy price volatility) is more persistent and remains high.
14:19:00
ECB executive member Schnabel: Given all these structural forces, I tend to expect higher structural inflationary pressures going forward.
14:18:28
Schnabel, executive member of the European Central Bank: The rate increase of the European Central Bank is transmitted to the bank lending rate very quickly, and the rate of transmission to the deposit rate is much slower.
14:16:58
European Central Bank executive member Schnabel: Central banks always need to consider the side effects of their monetary policy actions, including risks to financial stability.