ECB’s Holzmann: Another rate hike or two possible

Speaking at the Reuters Global Markets Forum on Thursday, European Central Bank (ECB) policymaker Robert Holzmann said that “we are not yet at the highest level for rates," adding that "another hike or two are possible.”

Additional quotes

“August inflation data is a conundrum for the central bank.”

“Data shows that inflation is still persistent.”

USD/CNH sticks to the consolidative theme so far – UOB

USD/CNH is still predicted to trade within the 7.2500-7.3300 range in the next few weeks, comment UOB Group’s Economist Lee Sue Ann and Markets Strate
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South Africa Producer Price Index (YoY) came in at 2.7% below forecasts (2.9%) in July

South Africa Producer Price Index (YoY) came in at 2.7% below forecasts (2.9%) in July
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