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Standard Chartered says Bitcoin not a safe haven against geopolitical risk – gold is
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,...
Bank of England Chief Economist Huw Pill to speak on “What’s next for the UK economy?”
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Japan economy minister Akazawa says aims to overcome deflation under Ishiba’s leadership
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Australian housing finance data, August 2024: Home loans +0.7% m/m (prior +2.9%)
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,...
Japan finance minister Kato wants to boost support for low-income households
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Goldman Sachs preview US nonfarm payroll data Friday, October 4: +165K /jobless rate 4.2%
Goldman Sachs are estimating that headline nonfarm payrolls rose 165k in September.From the note, in brief:On net, Big Data indicators indicate a pace of job creation above the recent payrolls trend. We assume above-trend (albeit moderating) contributions from the...
Japan chief cabinet secretary Hayashi – PM Ishiba wants a comprehensive economic package
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JP Morgan say a 2nd Trump Presidency would be “more interesting” for Fed independence
A note from JPM US chief economist Michael Feroli, his take on Federal Reserve independence under a second Trump term. As well as existing features that can help insulate the Fed from political pressure, for example:firing Federal Reserve Chair Powell would be...
More on the end of the US dock strike – over for now anyway
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UK vehicle traders and manufacturers want strong fiscal incentives from government
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,...
AUD/USD forecast to 0.71 this quarter – China stimulus, RBA rates among reasons for bid
This info comes via eFX. ****Synopsis:CIBC projects the Australian dollar (AUD) to strengthen against the US dollar (USD) and face limited upside against the New Zealand dollar (NZD) in the fourth quarter. This outlook is influenced by the Reserve Bank of Australia's...
US dock workers agree to return to work – postpone strike action
Dock workers have agreed to suspend strike activity to January 15There are conflicting reports but it is clear that workers have returned to their jobs. AP reports that the union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a...
U.S. port employers are preparing almost 62% pay increase offer to striking dockworkers
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Reserve Bank of New Zealand rate cut next week, 97% chance of a 50 basis points
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Consensus for an October European Central Bank rate cut basically locked in
A note from Commerzbank on what is expected from the European Central Bank on October 17. TLDR is a 25bp rate cut.The analysts argue that the primary driver behind the European Central Bank's (ECB) current stance is the collapse of eurozone inflation expectations....
Bitcoin price little changed on news of Satoshi Nakamoto name reveal
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Bitcoin creator Satoshi Nakamoto has been identified – will be revealed in a TV show!
A TV documentary maker has said he has found Satoshi Nakamoto's identity, which is the fake name used by the creator of Bitcoin.The name will be revealed in a new HBO documentary, set to air Wednesday October 9 at 9 p.m. US Eastern time Politico with the heads up,...
Forexlive Americas FX news wrap: ISM services jumps higher
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