Daily News

Japan's manufacturing activity contracted in April, but at a slower pace; Gaza truce talks deadlock as Qatar is re-evaluating its role as mediator...

Bank of Japan Governor Kazuo Ueda says the central bank is very likely to raise interest rates if inflation continues to go up; Goolsbee says progress on inflation has stalled and the Fed needs more time before cutting rates; Simkus says the European Central Bank may cut rates consecutively in summer...

Gold quickly rallies by $30 on rising risk aversion; Fed's Bostic is open to a rate hike if inflation progress stalls; Villeroy expects a rate cut in June, barring surprises, and is open to more rate cuts...

Fed Beige Book shows prices rise moderately; Mester says the Fed will cut rates at some point, but not in a hurry; ECB's Holzmann is not yet fully convinced that rates will be cut in June...

Bank of England Governor Andrew Bailey hints the BOE may cut rates before the Fed may cut rates before Fed; Fed Chair Jerome Powell dampens rate-cut expectations again; European Central Bank President Christine Lagarde says rates will be cut soon unless there are major shocks...

Strong U.S. retail sales further weaken expectations for rate cuts; Israeli military pledges response to Iran's attack amid calls for restraint; Fed's Williams expects rate cuts to begin this year...

Israel is divided on whether to launch retaliatory attacks against Iran; risk aversion and the significant upward momentum fuel the surge in gold prices; Goolsbee says PCE data is more important...

ECB interest rate decision shows most members prefer a decision in June; Williams says there's no clear need to adjust monetary policy in the very near term as inflation has not come down to the target level; Iran hints at restrained response to embassy attack...

The FOMC meeting minutes show Fed officials worried about a slower inflation decline and signaled to slow the pace of balance sheet run-off; the Bank of Canada left interest rates unchanged and expects a June rate cut; U.S. CPI sharply dampened market expectations of rate cuts...

Bostic reiterates his expectation for one rate cut this year; Canada's fiscal policy remains an uncertainty for rate cut forecasts...