1. Nomura has revised its forecast, now expecting the US Fed to keep interest rates unchanged through 2026, canceling previous predictions of rate cuts this year.
2. The Governor of the Philippine Central Bank is openly considering an off-cycle rate hike to combat inflation and stabilize the peso exchange rate.
3. US spot Bitcoin and Ethereum ETFs recorded a combined net outflow of over $134 million, indicating negative sentiment from institutional investors.
Fed Rate Cut Hopes Fade, Philippines Considers Hike, Crypto ETFs See Outflows