Some Bogus Slug 2026

Reserve Bank of India (RBI) set to hand 3.05 trillion to government in record transfer

The RBI is expected to transfer a record 3.05 trillion rupees to the Indian government, but economists polled by Reuters say the windfall will not prevent New Delhi from missing its fiscal deficit target. Yesterday: Intervention by the Reserve Bank of India sends the rupee sharpl

More from Fed's Barkin: I'm nervous about the tails on both sides of the mandate

Take encouragement from recent job growth, but not hard to imagine possible job losses due to AI Nervous about the tails on both sides of the mandate Employers outside of software are not yet reducing headcount due to AI Longer-term bond-market-based inflation expectations do not

South Korea confirms launch of 24-hour dollar-won trading from July 6 in MSCI upgrade push

South Korea will launch 24-hour dollar-won spot trading from July 6, with a trial period beginning June 29, as part of a broader foreign exchange liberalisation push aimed at securing an MSCI developed market upgrade. Summary: All bullets per South Korea Ministry of Economy and F

BoE's Taylor: Probably correct to expect need for rate hikes under BoE's scenario C

Probably correct to expect need for interest rate hikes under BoE's scenario C in outlook Some tightening has happened relative to where we were in February GDP growth is sluggish, set to remain so Weaker labor market continuing in recent data Second-round effects are less likely

FX Daily: A much more cautious de-escalation trade

As President Trump claims negotiations are in their 'final stages', the FX market is trading a de-escalation with much more cautiousness than two weeks ago. The hawkish Fed backdrop is also making it harder to bet against the dollar. On the macro side, expect some focus on PMIs t

BOJ policymaker Koeda: Inflationary risk is already materialising

Risk of inflation overshoot is bigger than risk of recession For now, not expecting a sharp deterioration in the economy But depending on Middle East conflict, our view on economic outlook could change There is some time before June policy meeting Will continue to look at any cha

Japan’s stronger-than-expected exports support a June BoJ hike

NORTH AMERICA: Japan is displaying some resilience despite energy shocks. Its trade balance remained in the surplus zone, driven by stronger-than-expected exports. Machinery orders were also stable in the first quarter. Recent data, and hawkish remarks from a top BoJ official, ra

FOMC Minutes: Many would have preferred to remove easing bias from policy statement

Many policymakers would have preferred to remove easing bias from policy statement. Majority of participants said some policy firming would likely become appropriate if inflation were to continue above 2%. Participants generally judge continued elevated inflation and uncertainty

BOE Bailey: Financial market tightening gives us some time to assess raiseing rates or not

A slew of BOE officials are speaking including BOE head Bailey is speaking (along with other BOE officials) and says: Financial market tightening gives us some time to assess whether to raise rates. We have a softening picture for growth and labor market. Market futures curves se