Bank of Japan hints at rate hike

Source: Dukascopy Bank SA
The Japanese monetary policymakers have kept the base interest rate for the Yen unchanged at 0.25%. However, the bank's statement has revealed that consumption in the country has been rising, which indicates that the bank might raise rates in the future.
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Thu, 26 Sep 2024 10:01:46 GMT

SNB rate cut does not cause market reaction

The Swiss National Bank has reduced its Policy Rate from 1.25% down to 1.00%. The rate cut was expected. Due to this reason, the Swiss Franc did not lose value. An hour after the rate reveal, the rate returned to trade near 0.8500.

Fri, 27 Sep 2024 12:30:05 GMT

MasterCard forecasts US holiday sales

The payment card firm MasterCard has announced that it expects US holiday sales to increase by 3.00%, compared to the holiday season of 2023.

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