German companies prefer foreign investment to domestic - DIHKFULL STORYGerman companies are more likely to invest in international locations than in Germany, a survey of the German Chamber of Industry and Commerce (DIHK) and the German Chambers of Commerce Abroad...
Eurozone Construction PMI Soften further
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 grocery inflation in single digits for first time this year -Kantar
British grocery inflation has fallen below 10% for the first time since July 2022, industry data showed on Tuesday, providing some relief for consumers as they enter the key Christmas shopping period.FULL STORYMarket researcher Kantar said annual grocery inflation was...
Swiss forex reserves down in October
(Reuters) - The Swiss National Bank's foreign exchange reserves fell in October, data showed on Tuesday.SWISS NATIONAL BANK FOREX RESERVES AT CHF 657,756 MLN AT END OF OCTOBERSWISS NATIONAL BANK FOREX RESERVES REVISED TO CHF 678,287 MLN AT END OF SEPTEMBERMoneyMaker...
Spanish Industrial Production (YoY) $EUR Actual: -1.4% Expected: -2.9% Previous: -3.3%
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,...
IMF upgrades China’s 2023, 2024 GDP growth forecasts
The International Monetary Fund on Tuesday upgraded its 2023 gross domestic product growth forecast for China to 5.4% from 5%, citing a "strong" post-COVID-19 recovery, but said the fund still expected the Chinese economy to slow next year.FULL STORYThe upward...
German Industrial Production (MoM) (Sep) Actual: -1.4% Expected: -0.1% Previous: -0.2%
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,...
United Kingdom Halifax House Price Index (YoY) (Oct) $GBP Actual: -3.2% Previous: -4.5%
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,...
GBPUSD Technical Analysis – The bias has turned more bullish
USThe Fed left interest rates unchanged as expected with basically no change to the statement.Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.The recent US Core PCE came in line with...
The @Newsquawk Europe Market Open: RBA hike 25bp. Israel is open to “short pauses” in Gaza
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,...
FX option expiries for Tuesday, 7 November 2023 at the 10 am New York cut
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,...
HSBC CEO says wealth flow from mainland China to Hong Kong up 3 to 4 times this year
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 Asia-Pacific FX news wrap: RBA raises its cash rate to the highest in 12 years
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 speakers Tuesday include Waller, Williams, Barr, Logan and Schmid
The times below re in the format GMT / US Eastern time:1415 / 0915 Federal Reserve Vice Chair for Supervision Michael Barr participates in "Financial Technology" discussion before a 7th Annual D.C. Fintech Week event1450 / 0950 Federal Reserve Bank of Kansas City...
RBA forward guidance (assuming they have much of a clue what’s ahead)
Comparing the final paragraph of the Governor's statement, which is where plans for the future tend to appear (forward guidance ... FWIW!)I'm not reading too much into the differences ... probably the first few words are the key, from "some further tightening" to...
AUD/USD is a little lower after the RBA raised its cash rate, a widely expected decision
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,...
Australia – RBA announce a +25bp interest rate hike, as widely expected
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 October exports -6.4% y/y (expected -3.3%) & imports +3% y/y (expected -4.8%)
The big beat for imports is a positive for China proxy trades such as AUD. It argues the economy is showing better signs of improvement and thus sucking in imported goods.Exports disappointing does take some of the gloss off, there is still a ways to go for quicker...
Australian Treasurer Chalmers to speak on the RBA interest rate decision right after
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,...
Citigroup says its not pulling out of China
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,...