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Jin10 Data Compilation: Daily Global forex Market News Express (June 13)
USD: 1. Goldman Sachs: lowered the probability of a 12-month recession in the United States from 35% to 30%. 2. U.S. Congressional Budget Office: The tax bill makes the rich richer and the poor poorer. 3. Trump: Powell will not be fired, Powell will only need to lower interest rates, suggesting that the Fed cut rates by 200 basis points. 4. Allianz: Postpone Fed rate cut expectations from October to December. Major Non-US Currencies:1. ECB Executive Board member Schnabel said the (accommodative) monetary policy cycle was "coming to an end" as inflation stabilized around the ECB's target. 2. The Central Bank of Peru maintained its benchmark interest rate at 4.50%. 3. The Bank of Japan expects inflation to be higher than expected, but will keep interest rates unchanged next week. The Bank of Japan is expected to consider raising interest rates after the trade situation becomes clearer. 4. ECB Vice President Guindos: The ECB's focus has shifted from inflation to slowing economic growth. 5. ECB Governing Council Member Muller: Inflation is likely to remain around 2% in the near term. Other:1. Peru's central bank kept its benchmark interest rate at 4.50%. 2. The Central Bank of Uzbekistan announced that it would keep the policy rate unchanged at 14.0%. 3. The first annual meeting of the presidents of the China and European Central Bank and the signing of a memorandum of understanding on cooperation between the two sides.