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 board member Isabel Schnabel will be speaking Tuesday
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,...
RBA’s Hauser says Bank must remain strong in fight against inflation
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 NDRC conference continues, AUD slips a little further
The National Development and Reform Commission of the People's Republic of China (NDRC) is China's 'state planner'. The press conference was much hyped for another big dose of stimulus.So far there has been nothing of note. AUD and other FX is drifting off a bit on...
AUD/USD dipping as China’s NDRC press conference gets underway
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 stockmarkets leaping higher on reopening: CSI300 benchmark index +9%
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 holiday trips +4.1% y/y
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,...
PBOC sets USD/ CNY reference rate for today at 7.0709 (vs. estimate at 7.0794)
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 economy minister Akazawa says drop in real wages is not good news
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,...
Australian September business confidence -2 (prior -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,...
RBA minutes: Board discussed scenarios for both lowering and raising interest rates
Reserve Bank of Australia September meeting minutes Board discussed scenarios for lowering and raising interest rates in the future.Board members felt not enough had changed from previous meetings, and that the current cash rate best balanced risks to inflation and...
PBOC is expected to set the USD/CNY reference rate at 7.0794 – 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...
Reserve Bank of New Zealand rate cut coming Wednesday … 75bp cut?
The Chief Economist at Westpac NZ, Kelly Eckhold, says there is some commentary about that a 75bp rate cut from the Reserve Bank of New Zealand could happen at the Bank's meeting tomorrow, Wednesday, October 9, 2024. Eckhold sees a 75bp rate cut as not very likely,...
Australian October Consumer confidence +6.2% to 89.8
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 labor cash earnings +3.0% y/y in August (expected +3.1%)
Wages data Japan for August 2024.Total cash earnings +3.0% y/yexpected +3.1%, prior +3.6%Inflation adjusted real wages -0.6% y/y, falling after 2 months of gains due to bonusesOvertime pay +2.6% y/y Disappointing data on wages on balance and not as yen positive as it...
Japan data – Household spending +2.0% m/m (expected +0.5%)
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,...
Unconfirmed reports of explosions in Iran, Isfahan (nuke site)
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,...
There are reports of a comment from Fed Chair Powell – US equity index futures dropped
A social media outlet is posting a comment :JEROME POWELL: PENCILS IN POLICY PATH "SLIGHTLY ABOVE" THE MEDIANI have no information that Powell is speaking. I have not seen any other source reporting such a comment. I suggest it is an error.But, still, ES dropped ......
More from Fed’s Musalem – Jobs report did not cause a change in outlook
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Fed’s Musalem: Costs of easing too much outwiegh easing too little
St. Louis Fed President Alberto Musalem speech, “Financial Conditions, the Economic Outlook and Monetary Policy,” at a Money Marketeers of New York University Inc. event. More rate cuts likely given economic outlook.Won't predict timing or size of future Fed...