Brazil's Durigan says going to achieve discounts of up to 90% on debts through this programme; expectation is that they will continue to have interest rate cuts
Brazil's Durigan's comments indicate a significant effort to reduce debt burdens, with potential discounts of up to 90%.
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 6 TICKS LOWER AT 111-01
US Treasury Secretary Bessent discussed risks from overcapacity production with EU
Brazil's Durigan says going to achieve discounts of up to 90% on debts through this programme; expectation is that they will continue to have interest rate cuts
The Supreme National Security Council is concerned about the current protests, adding that the economic crisis will soon turn into serious problem, highlighting Iran cannot withstand 6-8 weeks of a naval blockade, Iran International reports citing sources
Iran Foreign Ministry spokesman says US must be held accountable in regards to the seizure of oil ships.
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This aligns with expectations of continued interest rate cuts, suggesting an accommodative monetary stance that may bolster economic growth, but could also raise concerns about inflation if not managed carefully.
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