Binance.US CEO Brian Shroder has left the crypto exchangeThe company has eliminated one-third of its workforce.Coinbase citing a spokesperson for the firm. Binance hold themselves up as being on the side of the little guy, not like establishment firms. But, they still...
[속보] 전국민, 상품권 3만원 보상!! 9월, 놓치면 못 받는..정부 지원금, 복지헤택!! 마감 전 받으세요!!]#3.1경제독립tv
https://www.youtube.com/watch?v=Wx182a9YFD8 [속보] 전국민, 상품권 3만원 보상!! 9월, 놓치면 못 받는..정부 지원금, 복지헤택!! 마감 전 받으세요!!]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정"...
Japan August PPI +0.3% m/m (expected +0.1%)
Japan PPI, AKA Corporate Goods Price Index.This is 'wholesale' level inflation, the price that firms charge each other for products (more on this under the screenshot) the annual rate, at 3.2%, slowed in August for the eighth straight monthJuly was revised down to...
More on the apparent leak of an ECB rate hike coming on Thursday
The bombshell dropped earlier, sending EUR/USD higher in very earl Asia:A little more now via Reuters citing that unnamed source for the info: The ECB's quarterly projections, set to be to presented to its Governing Council on Wednesday, will put inflation north of 3%...
Reuters September Tankan: Manufacturers Index +4 (prior +12) Non-Manu +23 (prior +32)
Not a good set of results:Big manufacturers Sept sentiment falls sharply to 4 from August's 12 Service sector mood slumps the most since 2020, to 23 from 32 in August Both sectors see subdued outlookDecember Manufacturing index seen at +4non-manufacturing seen at...
JP Morgan analyst says Fed willing to sacrifice economy to kill inflation, “like the ECB”
Bob Michele, CIO and global head of fixed income and commodities at JPMorgan Asset Management spoke with Bloomberg TV. Says the Federal Reserve is signalling that it is willing to hurt the economy by prioritizing inflation-over-growth:They're telling us that they're...
New Zealand data – Food Price Index (August) +0.5% m/m (prior -0.5%)
+8.9% y/yprior +9.6%---The New Zealand Food Price Index (FPI) is a measure of the changes in the average price of food items sold in New Zealand.calculated and published monthly by Statistics New Zealandthe FPI tracks the prices of a basket of food items that...
Heads up for Biden to speak Thursday – on the economy
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,...
Newswire says US government reportedly looking to offload almost USD13bn of mortgage bonds
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,...
Carlyle CEO says the FOMC will hike rates one more time this year
David Rubenstein is CEO and co-founder of the Carlyle Group, a US-based private equity, alternative asset management and financial services firm (Federal Reserve Chair Powell was an employee at the firm).Says the FOMC will do one more interest rate hike this yearsays...
Goldman Sachs on why the S&P 500 could go higher than their 4500 target
Goldman Sachs’ chief U.S. equity strategist David Kostin was speaking in an interview on Tuesday. He said it’s possible the S&P 500 overshoot his 12-month target of 4,500 ... “The upside potentially would be that rates fall a little bit”arguing that lower rates...
US August CPI due today – preview – final piece of the puzzle for the FOMC meeting
The data is due at 8.30 am US Eastern time. Preview comments via CIBC:August CPI will be the final piece of the puzzle for the Fed ahead of its September meetingWe expect the last few soft readings to start to form a trend, with core CPI in August expected to come in...
Fed rate cut in early 2024? “I don’t think that’s going to happen” says Mohamed El-Erian
Mohamed El-Erian, Allianz’s chief economic advisor ,spoke with CNBC on Tuesday, says an assumption that the Federal Open Market Committee (FOMC) is going to be able to cut rates early next year is wrong:“I don’t think that’s going to happen.” El Erian says its likely...
SocGen raised its S&P 500 price target for the end of 2023 to 4,750 (from 4,300)
Reuters reporting, citing a Société Générale note. SocGen raised its S&P 500 price target for the end of 2023 to 4,750 from 4,300. in coming months, calls for a recession will be "deleted/delayed" "... we stay bullish near term." support for the S&P 500 coming...
Bond King Gundlach says the Fed is done raising rates
DoubleLine Capital CEO Jeffrey Gundlach was speaking at the Future Proof conference Tuesday at Huntington Beach, California.said the Fed’s tightening cycle should come to an end as the economy slows down further “I think they are done. We have enough economic...
Private oil survey data shows a build for the headline crude number vs. draw expected
The inventory data from the private survey is out now, official data follows on Wednesday morning (US time). Via Twitter:Expectations I had seen centred on:Headline crude -1.9mn barrelsDistillates +1.3 mn bblsGasoline +0.2 mn--This data point is from a...
EUR/USD higher on ECB rate hike leak
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,...
Forexlive Americas FX news wrap: Oil hits a fresh 10-month high
Markets:Gold down $9 to $1912US 10-year yields down 1.6 bps to 4.27%WTI crude oil up $1.60 to $88.89S&P 500 down 0.5%CAD leads, JPY lagsToday's price action largely confirmed that the market is in a wait-and-see mode until we get CPI data and hear from the ECB....
Unnamed sources says ECB to hike its inflation forecasts, firms case for rate rise
Info via Reuters citing unnamed sourcethe European Central Bank's new 2024 inflation projection to be above 3% vs 3% in June, firming case for interest rate hikeECB to cut 2023 and 2024 economic growth projections to broadly in line with market expectationsThe ECB...
US equity close: Apple drags after the latest iPhone announcement
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,...