US Dollar
1. Interest rate swap market data shows an over 80% probability of a Fed rate hike by the end of 2026.
2. Trump: Warsh can do what he wants. Warsh will perform well.
3. ADP Weekly Employment Report: In the four weeks ending May 2, 2026, private sector employers added an average of 42,250 jobs per week.
4. Fed's Paulson: It is "healthy" for the market to begin considering scenarios where interest rates remain unchanged or rise. Current policy rates are appropriate and continue to exert downward pressure on inflation.
5. Reuters poll: 48 of 101 economists said the Fed will cut rates at least once this year; 49 said the Fed will keep the federal funds rate in the 3.50%-3.75% range until the end of the year.
Euro
1. ECB Governing Council member Nagel: Perhaps we need to take some action in June.
2. ECB Governing Council member Koch: If the Strait of Hormuz remains closed, a June rate hike will be inevitable.
3. ECB Governing Council member Villeroy: The ECB will act as needed. The main issue is not the date, but the data.
Pound Sterling
1. Burnham has been nominated by the Labour Party for a by-election in the House of Commons and may return to Parliament to challenge for the Prime Minister's position.
2. Interest rate futures indicate that the Bank of England will raise interest rates by about 52 basis points by December, compared to about 60 basis points on Tuesday.
3. Bank of England Deputy Governor Briden: The Bank of England will announce the results of the "design phase" of the digital pound later this year.
Yen Yen
1. Japanese Finance Minister Satsuki Katayama: We are prepared to take decisive action in the foreign exchange market.
2. Bank of Japan Governor Kazuo Ueda: We are aware that long-term interest rates are rising rapidly. We will take appropriate monetary policy to achieve our inflation target.
3. US Treasury Secretary Bessant: I believe the fundamentals of the Japanese economy are strong, but excessive foreign exchange volatility is inappropriate. If given independence, the Bank of Japan will take necessary actions.
4. Japanese Chief Cabinet Secretary Minoru Kihara: (When asked about Bessant's remarks) Monetary policy is determined by the Bank of Japan. He hopes the Bank of Japan will continue to work closely with the government to implement monetary policy appropriately to achieve its price targets.
Other:
1. South Korean Deputy Finance Minister: Measures will be taken to stabilize financial markets if necessary.
2. Governor of the Central Bank of Romania: Foreign exchange reserves are within the optimal range.
3. The People's Bank of China maintained the one-year and five-year loan prime rates (LPR) unchanged at 3% and 3.5% respectively, marking the 12th consecutive month of no change.
4. Due to the Middle East conflict, the United Nations lowered its 2026 global economic growth forecast from 2.7% to 2.5%, while raising its 2026 global inflation forecast from 3.1% to 3.9%.
5. Indonesian Finance Minister: Indonesia has begun intervening in the bond market; Indonesia plans to repurchase approximately 2 trillion rupiah in bonds daily; and plans to raise $2 billion to $3 billion through the latest global bond issuance.
6. Jansson, Deputy Governor of the Swedish Central Bank: The risk of more severe inflation in the spring has increased. Under unfavorable circumstances, the current more favorable inflationary environment may quickly become a thing of the past, and monetary policy may need to be tightened.
