January 14, 2025 11:16 GMT
EMERGING MARKETS: Global News: January 14
EMERGING MARKETS
- ISRAEL (WSJ) – Israel and Hamas are finalising the terms of a cease-fire deal that could be announced as soon as Tuesday, Arab and Israeli officials said, raising hopes of an agreement that would at least pause the fighting in the Gaza Strip and free some of the hostages held there.
- EU (MNI) – Unsurprising rhetoric from ECB hawk Holzmann this morning, speaking at a Euromoney conference in Vienna. Holzmann expressed some concerns around energy prices in an interview with Kurier on Dec 28: "It could be the case that we take more time before lowering rates again,"..."It's true, some energy prices are trending upwards again. But there are also other scenarios for how inflation could return, such as a stronger depreciation of the euro."
- JAPAN (MNI) – BoJ Deputy Governor Ryozo Himino said on Tuesday upside and downside risk to prices exist, although inflation is on track, and the BoJ must manage this risk in an appropriate manner. Himino noted policymakers will make a policy rate decision next week based on additional data to be made available at the meeting, he told reporters in Yokohama City.
- CHINA (MNI London) – The PBoC will take further measures to ensure a stable yuan exchange rate while strengthening counter-cyclical moves to support the economy, deputy-governor Xuan Changneng told a press conference on Tuesday.
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