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30 Apr 2025

Australian Treasurer Chalmers: Market expects more interest rate cuts after inflation figures

Australian Treasurer Jim Chalmers said on Wednesday that “the market expects more interest rate cuts after inflation figures.”

He added: “(I) don't see anything in these numbers that would substantially alter market expectations.”

Related news

  • Australian Dollar gains ground following CPI, China's PMI data
  • Australia’s CPI inflation climbs to 0.9% QoQ in Q1 vs. 0.8% expected
  • China's Caixin Manufacturing PMI drops to 50.4 in April vs. 49.9 expected
Apr 30, 2025

Japanese Yen consolidates in narrow range as traders await BoJ policy update

The Japanese Yen (JPY) struggles to gain any meaningful traction on Wednesday and oscillates in a narrow trading range against its American counterpart during the Asian session amid mixed cues. US President Donald Trump signed an order to ease the impact of new tariffs on the auto industry.
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Apr 30, 2025

NZD/USD remains confined in a narrow range below mid-0.5900s after Chinese PMIs

The NZD/USD pair struggles to gain any meaningful traction during the Asian session on Wednesday and languishes near the lower end of a nearly two-week-old trading range. Spot prices hold steady around the 0.5930 region and move little following the release of Chinese PMIs.
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