ECB Governing Council Member Kazimir: Small Rate Hike May Be Needed

ECB Likely to Hold Rates in April, Hike 25 Basis Points in June Amid Inflation Concerns

Gate News message, April 24 — A survey indicates the European Central Bank will likely maintain interest rates in April but raise them by 25 basis points in June, driven by inflation concerns stemming from geopolitical tensions. Looking ahead, market participants widely expect the ECB to begin

TradFi Rise Alert: USDILS (US dollar vs Israeli Shekel) Rises Over 0.5%

Gate News: According to the latest Gate TradFi data, USDILS (US dollar vs Israeli Shekel) has surged by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Oil Prices Rise—Japan Inflation Re-Emerges! The Yen Weakens; The Finance Minister Vows to Defend Intervention

Japan’s core inflation rebounded for the first time in five months in March, driven mainly by higher energy prices sparked by geopolitical tensions. As inflationary pressure gradually becomes more apparent, the market is closely watching the Bank of Japan’s upcoming rate decision meeting. At present, most institutions expect the BoJ to keep interest rates unchanged, but it may issue guidance that leans toward a hawkish monetary policy stance. At the same time, the yen has remained weak, prompting the Japanese government to be highly alert to speculative trading. Japan’s Ministry of Finance has made it clear that if necessary, it will take intervention measures at any time to stabilize the currency market. Energy prices boost Japan’s core inflation According to CNBC, Japan’s March core inflation rate excluding fresh food rose to a year-on-year rate of 1.8%, higher than February’s 1.6%. This is the first acceleration in this data in five months, mainly because the Middle East conflict has pushed energy prices higher. However, inflation excluding energy and food edged down slightly to 2.4%. According to a BoJ survey, more than 80%…

US Dollar Index Rises 0.18% to 98.774 on April 23

Gate News message, April 23 — The US Dollar Index, which measures the greenback against six major currencies, rose 0.18% and closed at 98.774 at the end of New York forex trading. The euro weakened to 1.1685 USD

CME Fed Watch: April Rate Hold Probability Reaches 99%, June Scenario Odds Released

Gate News message, April 23 — According to CME Fed Watch data, the probability of the Federal Reserve keeping rates unchanged in April stands at 99%, with only a 1% chance of a 25 basis point rate hike. Looking ahead to June, the odds show a 96.4% probability of maintaining current rates, 2.6% prob

TradFi Rise Alert: USDZAR (USD/ZAR) Rises Over 1%

Gate News: According to the latest Gate TradFi data, USDZAR (USD/ZAR) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.