Moody's Maintains China's A1 Sovereign Rating, Upgrades Outlook to Stable

ECB Likely to Hold Rates This Week, Then Hike 25 Basis Points in June and September, Says UniCredit

Gate News message, April 27 — UniCredit economists said in a report that the European Central Bank is likely to keep interest rates unchanged this week, but is expected to raise rates by 25 basis points each in June and September. The economists noted that absent economic deterioration, future rate

Bank of Japan Signals Crucial for Yen; USD/JPY Could Rise Above 160 Without Clear Rate Hike Guidance

Gate News message, April 27 — Volkmar Baur, an analyst at Commerzbank, warned that if the Bank of Japan holds interest rates steady on Tuesday (April 29) and maintains a cautious stance on future rate hikes, the yen could weaken significantly. The market is anticipating clear signals from the Bank o

Bank of Japan holds steady, Japanese yen hits resistance at 159.5: A possible rate hike in June is the next thing to watch

BOJ’s April meeting maintained 0.75%, and the market expects another rate hike in June. The yen is around 159.5. Oil prices are rising and pushing up Japan’s import costs, increasing growth pressure. The Middle East situation and rising prices are the main risks. For Taiwanese investors: there are both offsets and benefits, with respect to how much Japanese stocks and yen-related costs and travel demand are helped. If the Middle East situation eases and oil prices fall by mid-June, the BOJ may raise rates to 1.0% within the year—this is the turning point.

Iran War Economic Impacts to Persist Until Christmas, UK Treasury Warns of 8-Month Recovery Lag

Gate News message, April 27 — UK Chief Secretary to the Treasury Darren Jones warned on April 27 that global trade will face an eight-month lag in recovery even after the Iran war is resolved, meaning British families could experience economic consequences until Christmas. The Strait of Hormuz, a cr

Five Central Banks to Hold Policy Meetings This Week; Monetary Decisions Expected to Drive Markets

Gate News message, April 27 — Five major central banks—the Bank of Japan, Bank of Canada, U.S. Federal Reserve, Bank of England, and European Central Bank—will hold policy meetings this week, with monetary policy decisions expected to be the primary market driver, according to Asger Wilhelm

U.S. Economic Data This Week May Drive Crypto Market Volatility; Fed Decision and Jobs Report Key

Gate News message, April 27 — The crypto market slipped 0.5% to $2.59 trillion as investors braced for several major U.S. economic releases this week that could shape Bitcoin and altcoin price direction. Bitcoin traded near $77,800, while the Crypto Fear & Greed Index has recently moved toward the m