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,...
Deutsche Bank is wary of a ‘significant correction’ for US equities
Deutsche Bank analysts are careful of a 'significant correction’ for US equities. Turning points can happen quicklyWhen valuations are stretched to start with, there can be limited scope for further gainsExamples of high returns through history have often been...
Adani dollar bond prices fell sharply following charges against Chairman Adani
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,...
TSMC expected to build one new fabrication facility a year in Taiwan over the next decade.
Taiwan's economy minister says that TSMC is expected to construct one new fabrication facility annually in Taiwan over the next decade.added that Taiwan needed to ensure adequate power and water resources to support these facilities,Also, said that TSMC’s fabs in...
PBOC sets USD/ CNY reference rate for today at 7.1934 (vs. estimate at 7.2482)
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,...
Westpac revise its RBA forecast – see later but faster interest rate cuts
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,...
South Korea 1 – 20 November trade data: Exports jump 5.8% y/y
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Japan’s economic package expected around 21.9 trillion yen
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PBOC is expected to set the USD/CNY reference rate at 7.2482 – 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...
UBS continue to see gold and oil as hedges against macroeconomic, geopolitical risk
UBS analysts continue to highlight gold and oil as strategic hedges against the prevailing macroeconomic and geopolitical environment, forecasting notable price increases for both commodities in the coming years. The bank projects gold prices to reach $2,900 per ounce...
BoA Securites raised US growth and inflation forecasts, see fewer Fed interest rate cuts
Catching up on this from Bank of America Securites. Analysts there are bullish on the US economy, seeing resilience, added signs of growth in productivity:thus see higher economic growthsee high-for-longer interest rates, forecast a higher Fed terminal rate at 4%.BoA...
Trump aims to revive the Keystone XL pipeline (politics report)
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BlackRock bitcoin ETF options indicating BTC/USD to $176K in 2026
Nasdaq launched options trading for BlackRock's iShares Bitcoin Trust (IBIT) on Tuesday. MarketWatch (gated) with the rundown, in brief:First-day trading included: 70 million call options expiring in 2026 at a $100 strike price (equivalent to a $174,000 bitcoin price...
New Zealand Treasury plans to cut economic and fiscal forecasts
Reports out of New Zealand today that New Zealand Treasury plans to revise economic and fiscal forecasts due to a sustained slowdown in productivity.In brief:Economic recovery, previously expected in late 2024, is now anticipated to begin later, according to Chief...
ICYMI – (nearly) 90% of economists expect the Federal Reserve to cut by 25bp in December
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More from Fed’s Collins – too early for Fed to factor in the election impact
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Economic calendar in Asia Thursday, November 21, 2024 – Bank of Japan Governor Ueda speech
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Trade ideas thread – Thursday, 21 November, 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,...
Nvidia shares down after Q3 results beat
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,...