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6 Jun 2025

ECB's Kazaks: It may well be the case that we pause in July

European Central Bank (ECB) policymaker Martins Kazaks said on Friday, “it may well be the case that we pause in July.”

Additional quotes

Markets should not expect cuts at every meeting.

Inflation seen below 2% for some time, we have to remain vigilant.

Further cuts would be fine-tuning unless we shift out of baseline scenario.

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South Africa Net $Gold & Forex Reserve climbed from previous $64.318B to $64.804B in May

South Africa Net $Gold & Forex Reserve climbed from previous $64.318B to $64.804B in May
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Jun 6, 2025

EUR/JPY Price Forecast: Climbs above mid-164.00s, bulls retain control near multi-week top

The EUR/JPY cross attracts some follow-through buying for the second straight day on Friday and trades near the mid-164.00s heading into the European session. Spot prices remain close to over a three-week high touched on Thursday and remain well supported by a broadly weaker Japanese Yen (JPY).
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