
Inflation Fears Set to Upend Swap Traders Betting on RBA Pause
Traders expecting Australia’s central bank to stop raising interest rates next month, and then cut from July, may end up being disappointed.
Traders expecting Australia’s central bank to stop raising interest rates next month, and then cut from July, may end up being disappointed.
Vladimir Putin said Russia is preparing to station tactical nuclear weapons in Belarus, escalating a confrontation with the US and its allies.
Global financial markets are poised for another week of turmoil, as traders close out a dizzying month in which cascading worries about US and European lenders dominated sentiment and complicated central banks’ fight against inflation.
Trading in London Metal Exchange nickel contracts will resume during Asian hours on Monday, marking a crucial step in efforts to repair the market after last year’s unprecedented turmoil.
Nigeria’s central bank beefed up the supply of banknotes to lenders to end shortages that have hampered individual and business transactions and crippled the cash-based economy since January.
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