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US President Trump: Turkish President Erdogan may have significant influence on Russia's military operations in Ukraine.

2025-09-25

US President Trump: Turkish President Erdogan may have significant influence on Russia's military operations in Ukraine.

Other News
2025-09-25

The monthly rate of durable goods orders in the United States excluding defense was 1.9% in August, compared with -2.5% in the previous month.

The monthly rate of durable goods orders in the United States excluding defense was 1.9% in August, compared with -2.5% in the previous month.
2025-09-25

US Dollar: 1. US new home sales reached an annualized rate of 800,000 in August, the highest level since January 2022. 2. Federal Reserve - ① This year's voting member, Goolsbee, warned against a series of rate cuts, expressing continued concerns abo

US Dollar: 1. US new home sales reached an annualized rate of 800,000 in August, the highest level since January 2022. 2. Federal Reserve - ① This year's voting member, Goolsbee, warned against a series of rate cuts, expressing continued concerns about inflation and stating that he would not support a rate cut at the next meeting. ② Daly: Slowing economic growth and labor force growth, coupled with lower-than-expected inflation, may warrant further rate cuts. ③ US Treasury Secretary Bensont: Powell should have signaled a 100-150 basis point rate cut. The Fed is seeking an open-minded candidate to succeed him as Fed Chair, with a second round of interviews scheduled for next week. Major Non-US Currencies: 1. Bank of England Governor Bailey: Interest rates still have room to fall further. 2. European Bank for Reconstruction and Development: Russia may be heading towards stagflation. 3. Former Bank of Japan board member Makoto Sakurai: The Bank of Japan is expected to raise interest rates as early as next month. 4. The Swiss National Bank kept interest rates unchanged at 0%, marking the first time it has remained on hold since the start of its rate-cutting cycle in March 2024. Others: 1. U.S. Treasury Secretary Bensonte: Negotiations are underway with Argentine officials on a $20 billion swap line. 2. Russian Ministry of Economy: The ruble is expected to average 86.1 to the dollar in 2025. 3. Reuters poll: The Reserve Bank of India is expected to maintain its repurchase rate at 5.50% on October 1. 4. South Korean President Lee Jae-myung: I hope the U.S. will note that South Korea's foreign exchange market is different from Japan's.
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