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,...
USD/JPY little changed after Japan’s September inflation data
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 data – September CPI Headline +2.5% y/y (vs. +2.5% 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,...
Japan CPI data due at 2330 GMT / 2230 US Eastern time
CPI data in September is expected to be lower than in August.You'd think such an event might count against the Bank of Japan hiking rates, but they seem to be intent on doing so despite the incoming data. It'll be interesting to see how the yen responds. USD/JPY above...
ICYMI – NAB forecast a Reserve Bank of Australia rate cut at the first meeting of 2025
A note this week from National Australia Bank shifting forward their projection for the RBA:We have brought forward our expectations for the timing of rate cuts, now seeing a first cut in February 2025 (previously May)we continue to see a gradual pace of cuts back to...
Trump tariffs “would fall particularly heavily on states in the Midwest and South”
This is via a bipartisan think tank in the US, Urban-Brookings Tax Policy Center.A paper from the centre looks at the proposed 10% tariff on all products and materials imported from abroad ... paired with a Trump-proposed 60% tariff on imports from ChinaIt concludes...
UBS see plenty more European Central Bank rate cuts, Dec & 2025. Euro has cyclical support
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,...
RBC expect a cascade of European Central Bank rate cuts for the next six months+
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,...
TD on the European Central Bank – no major surprise. Now pessimistic on euro.
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,...
North Korean dictator Kim Jong Un says South Korea is hostile
North Korea has cut ties with South Korea. Highways, etc. KJU on the blower now says South Korea is a foreign country and apparent hostile country. changed nature of the South Korean-US alliance, different military manoeuvre highlights the importance of stronger North...
Decentralized AI Summit at MIT Votes OriginTrail as the Best Decentralized AI Project
OriginTrail, the ecosystem striving for a safe internet in the age of AI with its decentralized knowledge graph, was named the best project at the prestigious MIT Decentralized AI Summit. Held at the MIT Media Lab, the summit brought together top innovators,...
Deutsche Bank expect faster rate cuts from the European Central Bank to come
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,...
Downbeat comments from the IMF on China: reforms needed, ‘trouble’, ‘failure’
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,...
US Treas Sec Yellen warns that Tump’s proposed massive tariffs would surge inflation
US Treasury Secretary Janet Yellen gave a speech on Thursday, warning about the impact of massive tariff hikes on inflation. Candidate for President Trump is proposing a blanket 10% tariff on all imported goods, along with tariffs of 60% or higher on imports from...
Forexlive Americas FX news wrap: ECB cuts rates, US retail sales beat estimates
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,...
Major US stock indices close mixed. S&P and NASDAQ give up gains.
The broader S&P and NASDAQ index snatched defeat from the jaws of victory. The S&P index is closing marginally lower. The NASDAQ index is closing marginally higher after earlier gains are erased.A snapshot of the closing levels shows:Dow industrial average...
Packed Economic calendar in Asia – Friday, October 18, 2024 – Japan CPI, China data also
USD/JPY rising above 150 ahead of the inflation data - what could possibly go wrong?Regardless of what the data says the Bank of Japan seems hell bent on jacking up rates. The market consensus is for a rate hike in December. Also on the agenda for the session ahead,...
Trade ideas thread – Friday, 18 October, insightful charts, technical analysis, ideas
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,...
S&P turns negative as the clock ticks toward close. Netflix earnings after the close.
The S&P index has erased it gains and trading into negative territory as the clock ticks toward the close. The NASDAQ index is holding onto a small gain of around 0.10%. The Dow industrial average is up 0.42% and the Russell 2000 is down -0.27%.At session highs,...
Betting markets now say the Republicans are favored, what do financial markets say
The big shift in betting odds in Polymarket has people intrigued about what is happening under the surface that has some people more-confident that Trump will win the Presidency. He's at 61% now and that's spawned all kinds of conspiracy theories as the polls haven't...