-
Federal Reserve Chairman Powell: The Federal Reserve is adjusting its overall policy-making framework, zero interest rates are no longer a baseline scenario, the wording on underemployment and average inflation rates needs to be reconsidered, and the April PCE is expected to drop to 2.2%. This news is bearish for the dollar.
-
Tariffs - Japan seeks to hold the third round of U.S.-Japan trade negotiations next week, the U.S. considers revising the U.S.-Japan trade agreement, the EU and the U.S. will accelerate trade negotiations, and the EU hopes for larger tariff cuts than the UK. This news is positive for the euro.
-
Hamas official: If a permanent ceasefire is achieved, control of the Gaza Strip could be handed over. This news is bearish for crude oil.
-
-