ECB's Demarco says ECB should not rush into a further rate hike after the decline in oil prices, adds central bank can wait until next projections to decide if further hikes are needed
Japanese top FX diplomat Mimura says in touch with US counterparts more than most imagine and that a US official made supportive remarks about FX action
Goldman Sachs raises EM banks and capital goods to overweight
ECB's Demarco says ECB should not rush into a further rate hike after the decline in oil prices, adds central bank can wait until next projections to decide if further hikes are needed
Indonesian Inflation Rate YoY (Jun) Y/Y 3.34% vs. Exp. 3.2% (Prev. 3.08%)
Indonesian Inflation Rate MoM (Jun) M/M 0.44% vs. Exp. 0.29% (Prev. 0.28%)
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Says:
- No signs of second-round effects, excessive wage pressures, or unanchored expectations.
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