Consumer Price Index (CPI) data is one of the most crucial economic indicators that affect currency exchange rates. CPI measures the average price change consumers pay for goods and services over time and is a critical indicator of inflation. Here's a detailed look at...
China’s new yuan loans likely surged in September as stimulus ramps up
China's new yuan loans likely surged in September as stimulus ramps upFull Story on PiQ SuiteA Reuters poll suggests that China's new yuan loans jumped to 1.87 trillion yuan ($264.75 billion) in September, more than doubling August’s total, as the central bank ramps...
Market mood a bit sour this morning
Another day of losses for Chinese equities this morning, with the HK50 down close to 3% and the CN50 down close to 8% at the time of writing.In broader equity futures, we are trading marginally lower (apart from the FTSE100). The push lower in volatility yesterday is...
Category 5 Hurricane Milton to hit Florida Gulf Coast tonight with 160 mph winds
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,...
Lloyd’s of London warning on potential $14.5 trillion global economic loss
Global economy could face losses of $14.5 trillion over 5 years from potential geopolitical conflict, according to Lloyd's of LondonLloyd's of London warns that a hypothetical geopolitical conflict could cost the global economy $14.5 trillion over a five-year period....
ECB’s Kazimir: Not as convinced as media reports on October 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,...
EURUSD Technical Analysis – Consolidation ahead of the US CPI
Fundamental OverviewThe USD rallied across the board last Friday following the hot US NFP report. The market priced out all the aggressive rate cuts expectations and it’s now finally in line with the Fed’s projections. The focus remains on the economic data. The next...
Europe’s STOXX 600 bolstered by defensive sectors amidst China uncertainty
Defensive sectors prop up Europe's STOXX 600 as China uncertainty lingersFull Story on PiQ SuiteEuropean stocks gained slightly, with defensive sectors like utilities, healthcare, and real estate supporting the STOXX 600 amid ongoing concerns about China's stimulus...
Gold Technical Analysis – The price catches up with higher real yields
Fundamental OverviewYesterday, gold dropped during the American session without any clear catalyst. Real yields rose following the US NFP report and that weighed on the market. After some resistance, the price eventually caught up with higher real yields dropping to a...
British envoy Lammy embarks on China mission to mend ties
British Foreign Secretary Lammy to visit China in bid to reset strained tiesFull Story on PiQ SuiteBritain’s Foreign Secretary David Lammy is set to visit China next week, aiming to reset relations strained by issues surrounding Hong Kong, rights abuses, and espionage...
Geopolitical risk premium in oil market eases slightly, says Goldman Sachs
Geopolitical risk premium in oil market eases slightly, says Goldman SachsFull Story on PiQ Suite Goldman Sachs reported that the geopolitical risk premium in the oil market has slightly decreased this week, following sharp increases in Brent crude implied volatility...
The @Newsquawk Europe Market Open: China finance briefing, ECB and Fed speakers ahead
Full Note🌏 APAC stocks traded mixed, initially benefiting from Wall Street's tech-led rally, while China’s upcoming fiscal policy briefing looms.💼 Key Developments:China’s Finance Ministry will hold a press briefing on October 12th to outline fiscal policy...
China’s finance ministry to detail fiscal stimulus plans on Saturday
China's finance ministry to detail fiscal stimulus plans on SaturdayFull Story on PiQ SuiteChina’s finance ministry will hold a news conference on Saturday to provide details on fiscal stimulus measures aimed at reviving the faltering economy. Finance Minister Lan...
Japanese machine tool orders decline in September
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,...
German Imports Drop More Than Expected, Exports Rise
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,...
ECB ‘very likely’ to reduce interest rates next week, says Villeroy
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’s finance ministry briefing set for October 12; fiscal policy adjustments revealed
PiQ on Twitter China's Finance Ministry to hold fiscal policy briefing on October 12, detailing intensified adjustment China's Finance Ministry will hold a press briefing on October 12th to provide insights into fiscal policy and economic development. The briefing,...
Dollar Holds Steady Pre-Fed Minutes; Kiwi Drops on Rate Cut
Dollar holds steady ahead of Fed minutes, kiwi drops after sharp rate cutFull Story on PiQ Suite The U.S. dollar remained stable ahead of the release of the Federal Reserve's September meeting minutes, while the New Zealand dollar dropped to a near two-month low...
India cenbank keeps rates steady at 6.50%, shifts to ‘neutral’ stance
India cenbank holds rates at 6.50%, shifts stance to 'neutral,' signaling potential rate cutsFull Story on PiQ The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6.50% but shifted its stance to "neutral," signaling the possibility of rate cuts in...
World Bank says China growth rate will drop next year, doubt over recent stimulus measures
China Growth Set to Slow Further in 2025, World Bank SaysWorld Bank forecasts China's GDP growth to drop to 4.3% in 2025 from 4.8% in 20242024 estimate revised up 0.3% on stimulus measures, but 2025 projection unchangedWeak consumer spending, property market woes,...