US and UK central banks are anticipated to maintain current interest rates this week. A recent Middle East peace deal is expected to reduce inflationary pressures, influencing these decisions. The Fed's new chair, Kevin Warsh, will be closely watched for his inflation outlook.
Short-sellers are targeting Japan's yen, risking a repeat of the 1997 Asian financial crisis. Japan's weak fundamentals, high debt, and declining competitiveness make its currency vulnerable, despite large forex reserves. A potential inflation-devaluation spiral could profit speculators.
Major Australian banks' economists predict the Reserve Bank of Australia will maintain interest rates at 4.35% on Tuesday. Key factors influencing the decision include Middle East ceasefire impacts on fuel prices, persistent inflation, and the upcoming fuel excise restoration.
Small savings schemes in India will maintain their current interest rates for the April-June 2026 quarter, offering returns up to 8.2% per annum. Popular options like SCSS and SSA will continue to provide stable, low-risk investment avenues with tax benefits.
New data suggests falling house prices in Sydney and Melbourne are concentrated in the upper market segments, potentially assuaging fears for first-time buyers with small deposits who typically purchase in the lower end.
Fears of negative equity for first-time buyers in Sydney and Melbourne are easing as falling house prices are concentrated in the top end of the market. Data shows the cheapest properties have seen modest gains or slight declines, unlike the upper quartiles. Experts suggest low unemployment and low arrears rates mitigate mortgage payment risks, though negative equity can limit options for selling or refinancing.
The European Central Bank (ECB) decided to raise interest rates for the first time in approximately two years and nine months, increasing the deposit facility rate by 0.25% to 2.25%. This move comes amid concerns over accelerating inflation due to rising oil prices following military conflict between the US and Iran.
The European Central Bank raised its deposit rate by 0.25 percentage points to 2.25%, marking its first rate hike in nearly three years. This move aims to combat inflation driven by the Iran war and rising energy prices, despite concerns it could harm economic growth.
The European Central Bank raised its benchmark deposit rate by 0.25 percentage points to 2.25%, the first hike in nearly three years. This move aims to combat inflation, which has risen to 3.2% due to the Iran war and its impact on energy prices, despite concerns about further straining the eurozone's weak economy.
The European Central Bank (ECB) has raised its benchmark deposit rate by 0.25 percentage points to 2.25% to counter inflation, which has reached 3.2% in the eurozone, exacerbated by the Iran war and its impact on oil and gas transit. The move aims to curb demand and ease price pressures despite risks to the eurozone's weak economy.
The European Central Bank (ECB) raised its three key policy rates by 0.25% on June 11 (local time) due to inflation concerns stemming from the Middle East. This marks the first rate hike by a G7 central bank since the Iran war began, with the deposit rate now at 2.25%.
The European Central Bank has raised its main deposit rate to 2.25% in response to rising inflation, driven by the war in Iran and increased energy costs. This marks the first rate hike since 2023, with markets anticipating further increases.
Man Group's head of U.S. direct lending, Kevin Marchetti, believes higher interest rates create attractive opportunities for disciplined private credit lenders, despite "growing pains" in the sector. He noted strong credit fundamentals in the U.S. middle market and expects higher yields due to the floating rate nature of their investments.
Interest rates on India's short-term financial instruments like Certificates of Deposit are expected to drop by 75-100 basis points by July. This follows significant inflows from overseas loans and deposits by public sector units and banks, which are anticipated to cool domestic yields and reduce borrowing costs.
France's goal of building 2 million homes by 2030 is at risk due to rising inflation, material costs, and high interest rates. New apartment reservations are down 14.3%, and social landlords are buying less. The Caisse des dépôts is mobilizing €100 billion to support affordable housing.
New research from the Federal Reserve Bank of St. Louis shows a rise in mortgage application denials, with debt-to-income ratios being a primary cause. Higher interest rates are pushing more applicants above lender thresholds, blocking access to credit.
Gita Gopinath, former IMF Deputy Managing Director, believes the RBI will likely hold interest rates steady, balancing inflation risks from oil prices and currency depreciation against softer economic activity. She supports the RBI's approach to managing the rupee amid global disruptions.
India's central bank may raise interest rates on Friday, defying economist expectations of a hold, to combat a depreciating rupee and rising inflation driven by energy costs and potential El Niño impacts on crops.
India's Reserve Bank of India (RBI) may hike interest rates at its upcoming meeting, defying economist expectations for a hold. Factors driving this potential move include the rupee's depreciation to record lows, rising inflation pressures from energy costs and weather, and regional peers' proactive rate hikes.
India's central bank may raise interest rates at its upcoming meeting to counter rupee depreciation and inflation risks from energy costs and potential El Niño impacts, defying economist expectations of a hold.
UK MPs are investigating the student loan system, focusing on graduate earnings, repayment thresholds, and interest rates. New research shows a third of people now question the value of a university degree, with concerns about mounting debt and interest accumulation impacting graduates' life choices.
Rising interest rates, fueled by global inflation, AI investment, and the Iran war, are straining the US economy and challenging Donald Trump's government. Economists doubt his deficit reduction plans, while Democrats use the issue against Republicans in upcoming elections.
UK house prices dropped 0.6% in May, the first decline this year, as rising interest rates and Middle East conflict hurt demand. Average prices are up 1.7% year-on-year, but growth has slowed.
Bank of England Governor Andrew Bailey indicates no immediate interest rate hike due to uncertainty over the Iran war and weak UK growth, tolerating temporary above-target inflation but warns of action if second-round effects emerge.
