Low impact

A roundup of central-bank and macro headlines: JPMorgan's Dimon says the US economy is booming with persistent inflation; UK reportedly drops capital gains tax hike for a bank tax instead; UBS now expects an additional ECB rate hike in March 2027; China's PBOC held both 1-year and 5-year LPR unchanged, and will introduce a liquidity support tool for non-bank institution redemptions.

Jin1010/20, 12:32 PM

Figures as quoted by Jin10

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

USD
Would push up
DaysMedium confidence
Persistent inflation with strong growth cuts the case for near-term Fed rate cuts, which tends to support USD.

What could change this

If upcoming US data points to slower growth rather than a booming economy, the inflation-driven USD support would weaken.