High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Federal Reserve Board Governor Lisa Cook to speak on Monday
Federal Reserve Board Governor Lisa Cook is speaking on Monday, 13 November. It doesn't look like we'll be getting to much from her, the appearance is billed as giving introductory remarks before the Federal Reserve Board 5th Conference on Nontraditional Data, Machine...
ForexLive Asia-Pacific FX news wrap: USD/JPY back near recent high
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
October CBA household spending falls m/m (rate hikes impacting consumption)
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Goldman Sachs forecasts 2024 US economic growth at 2.1%
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
European Central Bank Vice President Luis de Guindos keynote speech at Euro Finance Week.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Westpac forecasts that the RBA will hold rates now, but risks loom
Westpac holds the view that the Reserve Bank of Australia will not raise interest rates further from here.Westpac reasons:If the real economy continues to evolve as we anticipate, i.e. economic growth remains well below–trend and slack emerges in the labour market,...
Bank of England Monetary Policy Committee Member Catherine Mann to discuss monetary policy
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
China considers buying Boeing 737 Max, signals thaw in US relations
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Barclays say the cure for plunging bond prices may be worse than the disease
An analyst note from Barclays on Friday last week on the cascade lower for bonds: “There is no magic level of yields that, when reached, will automatically draw in enough buyers to spark a sustained bond rally,”“In the short term, we can think of one scenario where...
PBOC sets USD/ CNY reference rate for today at 7. 1769 (vs. estimate at 7.2889)
The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading...
Expert Insights: Morgan Stanley and Goldman Sachs diverge on Fed rate cut forecasts
Morgan Stanley economists are forecasting that Federal Open Market Committee (FOMC) will make deep interest-rate cuts over the next two years as inflation cools.Goldman Sachs, on the other hand, expect fewer reductions and a later start. Bloomberg have a piece up...
PBOC is expected to set the USD/CNY reference rate at 7.2889 – Reuters estimate
PBOC is expected to set the USD/CNY reference rate at 7.2889 – Reuters estimatePeople's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also...
RBA Assistant Governor Kohler says there is no doubt that interest rates are restricitive
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
UK data – Rightmove House Price index for November -1.7% m/m (prior +0.5%)
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Japan PPI for October -0.4% m/m (expected 0.0%) and +0.8% y/y (expected +0.9%)
Japan PPI for October -0.4% m/m expected 0.0%, prior -0.3%+0.8% y/y expected +0.9%, prior +2.0%first time under 1% since February 2021Slowing inflation at the business level, indeed deflation m/m, in Japan makes the case for an imminent tightening of Bank of Japan...
RBA official says decline in Australian inflation to be slower than previously forecast
Reserve Bank of Australia Assistant Governor (Economic) Marion Kohler spoke at a conference on the outlook for the Australian economy, approaches the Bank uses to assess where the economy is relative to full employment, and a review of economic forecasts for the past...
Biden and Xi’s high-stakes meeting in San Francisco amidst rising global tension
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
New Zealand Services PMI drops into contraction: economic angst ahead?
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Barclays analysts slash Brent crude oil price forecast, but say demand concerns overblown
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...