ECB cuts key rates by 25 bps in April monetary policy decision, as expectedECB sources report: Decision to cut interest rates was unanimousECB sources: Some members see a high chance of a June cutUS initial jobless claims 215K vs 225K estimateUS April Philly Fed business index -26.4 vs +2.0 expectedTrump has spoken with Kevin Warsh about taking over the Fed Chair - WSJTrump: China has reached out since tariffsTrump will sign executive order extending federal hiring freeze until JulyTrump: Federal Reserve Chairman will leave if I ask him toLagarde: Downside risks have increasedLagarde Q&A: A number of governors a few weeks ago would have argued to skip a rate cutTrump trade deal with Japan is close - reportFed's Williams: Does not see the need to change rates any time soonPres. Trump: .Very confident of trade deal with the EUAtlanta GDPNow growth estimate for Q2 unchanged at -2.2%US March housing starts 1.324M vs 1.420M expectedBaker Hughes oil rig count +1 to 481Italy's economic minister to meet with US Treasury Secretary Bessent on TuesdayAnna Paulson is the new Philadelphia Fed Pres. effective July 1, 2025Israeli officials recently developed plans to attack Iranian nuclear sites in May
Gold down $15 to $3327S&P 500 +0.1%US 10-year yields up 5.4 bps to 4.33%WTI crude up $1.98 to $64.45
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This article was written by Adam Button at www.forexlive.com.
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