June hike odds shaped by survey prices – Societe Generale

June hike odds shaped by survey prices – Societe Generale

Societe Generale’s team notes that the European Central Bank’s (ECB Economic Bulletin stresses that a Middle East-driven Oil shock would hit inflation more than activity, but confidence effects could weigh on 2027 growth. They add that if business surveys show only small activity moves but renewed price pressures, this would largely cement expectations for an […]

Gold price in India: Rates on May 18

Gold price in India: Rates on May 18

Gold prices remained broadly unchanged in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 14,087.38 Indian Rupees (INR) per gram, broadly stable compared with the INR 14,087.50 it cost on Friday. The price for Gold was broadly steady at INR 164,312.50 per tola from INR 164,313.90 per tola […]

PBOC sets USD/CNY reference rate at 6.8435 vs. 6.8415 previous

PBOC sets USD/CNY reference rate at 6.8435 vs. 6.8415 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8435 compared to Friday’s fix of 6.8415 and 6.8086 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote […]