Finance minister, Shunichi Suzuki, will also remain in his post while the economy minister post will go to former internal affairs minister, Yoshitaka Shindo. Trade minister, Yatsutoshi Nishimura, is also to remain in his respective post. In essence, there isn't much...
ForexLive Asia-Pacific FX news wrap: USD stronger, but beaten by yuan, EUR
Deel revises its Terms of Service, has cut off some trading sites from paymentsNorth Korea appears to have fired a ballistic missileDeutsche Bank says monetary policy impact transmitting more rapidly in Europe than the USHere's a "cheat sheet" for the European Central...
Deel revises its Terms of Service, has cut off some trading sites from payments
Getting ungated info on this is difficult. From what I have found, Deel has halted payments from several, not all, Prop firms. Deel has temporarily stopped processing payments for many prop firms, even the ones not based in the US or Canada.Deel is a payment...
[속보] 국민연금도 환급된다!! 국민연금 환급금 소멸되기 전에 꼭~ 찾아가세요!!]#3.1경제독립tv
https://www.youtube.com/watch?v=WWHEl2BovXw [속보] 국민연금도 환급된다!! 국민연금 환급금 소멸되기 전에 꼭~ 찾아가세요!!]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정" 부탁드리겠습니다! 감사합니다 ^_^~...
North Korea appears to have fired a ballistic missile
South Korean and Japanese authorities with the info that Noth Korea has fired a ballistic missile toward East SeaSouth Korean military, Japanese Defence Ministry and Coast Guard with statements.more to comeMeanwhile, these two partners in crime are meeting in...
Deutsche Bank says monetary policy impact transmitting more rapidly in Europe than the US
Via Seeking Alpha, this from Deutsche Bank. believes monetary policy might be transmitting more rapidly in Europe than in the U.S. "Around 70% of Eurozone business debt is bank based and therefore far more likely to be variable rate, vs. only c.25% in the U.S. U.S....
Here’s a “cheat sheet” for the European Central Bank meeting – scenarios & how to position
This is the regular cheat sheet that ING issue for ECB meetings - a great summary and very handy!ING think the Bank will hike by 25bp:we suspect that convincing markets that this is not the peak will be very hard, and dovish dissenters may get in the way. The upside...
Market is pricing the BOJ to end negative rates in January 2024, a massive shift
Via Bloomberg (gated) on the big shift in market pricing since Ueda's comments reported over the weekend (ICYMI: ForexLive Asia-Pacific FX news wrap: Ueda comments send USD/JPY plunging)Bloomberg:Most economists say regardless of timing, the next change for YCC will...
USD/JPY higher on the session – BOJ buying JGBs again, yield on 10yr down to 0.7%
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,...
Beijing scrapped a rule limiting prices of pre-owned homes in popular district
South China Morning Post with the report today:Authorities in Beijing have scrapped a rule that limited the listing of prices of pre-owned homes in Haidian district, a move intended to boost demand and prop up the country’s slumping property market. In Haidian, a...
PBOC sets USD/ CNY reference rate for today at 7.1894 (vs. estimate at 7.2783)
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...
Goldman Sachs on 3 developments that will slow US growth to a crawl in Q4 2023, just 1.3%
Goldman Sachs with a very subdued outlook for US economic growth into the end of the year, this in summary:Three developments are set to temporarily slow growth:resumption of student loan paymentsthe federal government looks more likely than not to temporarily shut...
PBOC is expected to set the USD/CNY reference rate at 7.2783 – Reuters estimate
People'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 known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
Coindesk says the CEO of Binance US has left the firm, one third of workforce has been cut
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...