Asian shares were trying to rally on Thursday as Beijing reported better trade n...
“The decision by these APAC central banks to “go hard and early” has provided further fuel to concerns of a global recession,” said Rodrigo Catril, a senior FX strategist at National Australia Bank. “This also means that the Fed will need to come to the rescue.”
Futures moved to price in a 100% probability of a Fed easing in September and a near 24% chance of a half-point cut. Some 75 basis points of easing is implied by January, with rates ultimately reaching 1%. All of which fuelled speculation that the major central banks would also have to take drastic action, if only to prevent an export-crimping rise in their currencies.
The euro has also bounced to $1.1210, from a two-year trough of $1.1025, while the U.S. dollar index has backtracked to 97.523, from a recent peak of 98.932.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
When It Comes To Oil Prices Today, It's China, China, ChinaThe oil market moves today based on President Trump's tweets about trade negotiations and China's responses to U. S. actions.
Consulte Mais informação »
China warns on U.S. deployment of arms in Asia as trade tensions flareNEW: China says it 'will not stand idly by' and will take countermeasures if the U.S. deploys intermediate-range missiles in the Asia-Pacific region, which Washington has said it plans to do within months.
Consulte Mais informação »
Asia set to open mixed ahead of China trade dataStocks in Asia were set to trade mixed on Thursday as investors await the release of Chinese trade data, amid Washington's protracted trade war with Beijing.
Consulte Mais informação »
China vows to counter US deployment of midrange arms in AsiaChina said Tuesday that it "will not stand idly by" and will take countermeasures if the U.S. deploys intermediate-range missiles in the Asia-Pacific region, which Washington has said it plans to do within months. The statement from the director of the foreign ministry&39;s Arms Control Department
Consulte Mais informação »
Philippines' Duterte plans China visit to discuss South China Sea rulingPhilippine President Rodrigo Duterte will soon meet his Chinese counterpart Xi J...
Consulte Mais informação »