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,...
European Central Bank’s Lane speaking Tuesday, January 14, 2025
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,...
Goldman Sachs expects more stimulus from China to counter Trump tariffs
China plans to implement a variety of stimulus measures to counter the impact of anticipated U.S. tariffs and a continued housing market downturn, according to Goldman Sachs. The investment bank expects the Chinese government to introduce additional monetary and...
Bank of England Deputy Governor Breeden speaking on Tuesday, January 14, 2025
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,...
Still to come from China – PBoC and SAFE news conference on economic development
Coming up at 1500 China time:0700 GMT, 0200 US Eastern time Xuan Changneng, Deputy Governor of the People's of China, and Li Bin, deputy head of the State Administration of Foreign Exchange will hold a press conference: on financial support for high-quality economic...
USD/JPY gives back all of its Himino gain
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 plans to exit restrictive monetary policy by midsummer says Ollie Rehn
The European Central Bank (ECB) plans to continue lowering interest rates and expects to exit restrictive monetary policy in the coming months, likely by midsummer, according to Finnish policymaker Olli Rehn. However, uncertainties surrounding potential U.S. trade...
BOJ’s Himino says rates will rise, but need to watch carefully for risks
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,...
Elon Musk Eyed for Potential TikTok U.S. Takeover Amid Ban Threat
Chinese officials are considering the possibility of Elon Musk acquiring TikTok's U.S. operations if the platform is unable to avoid a controversial ban on its services in the country.Chinese officials prefer that TikTok remain under the control of parent Bytedance,...
PBOC sets USD/ CNY central rate at 7.1878 (vs. estimate at 7.3161)
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 system that allows the value of the yuan to fluctuate within a certain...
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Bank of Korea expected to cut base interest rate by 25 basis points to 2.75% on January 16
The Bank of Korea (BOK) is expected to cut its base interest rate by 25 basis points to 2.75% on January 16, earlier than previously forecast, to support South Korea's struggling economy amid political instability and a downgraded growth outlook. A Reuters poll found...
ICYMI – Six EU countries call for lowering of G7 price cap on Russian oil
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 is expected to set the USD/CNY reference rate at 7.3161 – 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...
Initial indications are the USD/CNY reference rate fix will dip a little today
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,...
Japanese bank lending data for December 2024 +3.1% y/y (prior also +3.1%)
Japanese bank lending data has garnered increased attention over the past 6 to 12 months. As the economy has crawled towards recovery, combined with rising raw material costs and a weakening yen, corporate demand for working capital has risen. Large firms have been...
Australian January consumer confidence -0.7% m/m to 92.1
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 December CPI preview – forecasts from 17 investment bank economists
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 extends its losses – gradual tariff plan news the catalyst
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,...
BlackRock remain ‘pro-risk’ but see three triggers that would change their view
BlackRock's latest says that to start 2025, their outlook remains pro-risk, with a focus on U.S. stocks. However, the view may shift based on three key factors:Policy Changes: Monitoring U.S. tariffs and fiscal policy for potential impacts on the market.Corporate...