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ForexLive European FX news wrap: SNB cuts to 0%, BOE stays on hold as anticipated
ForexLive European FX news wrap: SNB cuts to 0%, BOE stays on hold as anticipated
Forex news from the European morning session on Jun 19, 2025
Session wrap
Wrap Europe
ECB's de Guindos: Price stability not enough to achieve growth
ECB's de Guindos: Price stability not enough to achieve growth
Remarks from the ECB Vice-president on Econostream
How have interest rates expectations changed after all the central bank decisions?
How have interest rates expectations changed after all the central bank decisions?
Just slight changes as the market continues to wait for more economic data and fresh macro developments for significant adjustments to expectations
market overview
BOE policy decision coming up next, what to expect?
BOE policy decision coming up next, what to expect?
The central bank is expected to keep the bank rate unchanged at 4.25%
EU weighs UK-style trade deal with US
EU weighs UK-style trade deal with US
The Financial Times reports on the matter
European equities continue with the more cautious mood to start the day
European equities continue with the more cautious mood to start the day
Stocks in Europe look poised for back-to-back weekly drops now
What are the main events for today?
What are the main events for today?
The highlights include the SNB and BoE rate decisions, and the potential US strike against Iran
market overview
China Industrial Output May 2025 +5.8% y/y (expected 5.9%, prior +6.1%)
China Industrial Output May 2025 +5.8% y/y (expected 5.9%, prior +6.1%)
Chinese retail sales and investment data published also
CNY
China Stock Market
China
CNH
Israel has detected another wave of ballistic missiles launched from Iran
Israel has detected another wave of ballistic missiles launched from Iran
Multiple launches from Isfahan and other areas in Iran
Oil
Politics
New Zealand surveyed economists expect turnaround to slightly better growth in year ahead
New Zealand surveyed economists expect turnaround to slightly better growth in year ahead
New Zealand Institute of Economic Research (NZIER) survey of economists, the latest Consensus Forecasts.
ICYMI - New bank loans in China rose less than expected in May
ICYMI - New bank loans in China rose less than expected in May
Heightening expectations for further People's Bank of China rate cuts ahead
Asking prices for UK homes show biggest June fall since 2011
Asking prices for UK homes show biggest June fall since 2011
Fallen by the most in 14 years for this time of year
New Zealand’s Services PMI for May remains in deep contraction at 44.0 vs. prior 48.1
New Zealand’s Services PMI for May remains in deep contraction at 44.0 vs. prior 48.1
BNZ – BusinessNZ Performance of Services Index (PSI) + PMI are "consistent with the economy returning to recession"
USD/JPY has risen above 144.50
USD/JPY has risen above 144.50
Flow out of yen continues to open the new week
Economic calendar in Asia Monday, June 16, 2025 - China data
Economic calendar in Asia Monday, June 16, 2025 - China data
No scheduled market moving events on the agenda today, but perhaps a few unscheduled!
economic calendar
Monday open levels, indicative FX prices, 16 June 2025
Monday open levels, indicative FX prices, 16 June 2025
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.
Forexlive Americas FX news wrap 13 Jun: Markets are in flux as Israel and Iran lob bombs
Forexlive Americas FX news wrap 13 Jun: Markets are in flux as Israel and Iran lob bombs
Forex news for North American trading on Jun 13, 2025
Session wrap
Wrap Nth America
The S&P, NASDAQ and Dow have worst day since May 21
The S&P, NASDAQ and Dow have worst day since May 21
Tensions in the Middle East give traders a willing to sell