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UK finance minister Reeves says government has more plans to bolster economic growth
She's still trying to thread the needle here but I reckon on the balance of things, the pound has taken to the budget quite well. It was a tough scenario as the currency had mostly expected negative takeaways from the budget. Tax hikes would've hit short-term growth...
BOJ governor Ueda: Will pay attention to upside risks to prices from weak yen
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Germany September retail sales +1.2% vs -0.5% m/m expected
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Germany September import price index -0.4% vs -0.4% m/m expected
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BOJ governor Ueda comments on phrasing of needing time to scrutinise market risks
He says that back in August, they used the phrase of "we can afford some time" in scrutinising market risks because of the volatility back then i.e. a reason to pause. And he mentions that now, "we do not have to use that phrase today". However, he does note that they...
BOJ governor Ueda: Uncertainties surrounding Japan’s economy, prices remain high
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’s Lagarde: Inflation goal is in sight
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 futures not impressed by big tech earnings so far
The losses so far today are largely led by tech, with Nasdaq futures down 0.7% currently. It comes despite Meta and Microsoft reporting earnings beat after the close, with Greg providing a comprehensive rundown of it all here.Is it a case of month-end timing? Or...
Inflation data remains in focus in Europe today
Major currencies are little changed for the most part with only the Japanese yen being the slight mover in the handover from Asia to Europe. It comes after the BOJ policy decision, in which the central bank left rates unchanged as expected.USD/JPY caught a whipsaw on...
ForexLive Asia-Pacific FX news wrap: Bank of Japan leaves rates unchanged, as expected
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Goldman Sachs forecasts Bank of England to hold rates at Dec meeting (vs. prior 25bp cut)
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European Central Bank speakers on Thursday include Escriva and Knot
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USD/JPY losing more ground now after the Bank of Japan ‘on hold’ decision
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,...
North Korea says its ICBM test set new records
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USD/JPY is little changed after the Bank of Japan statement, around 153.35
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Bank of England Deputy Governor Sarah Breeden speaking in Hong Kong Thursday
Keynote speech by Bank of England Deputy Governor Sarah Breeden at the Hong Kong Monetary Authority and Bank for International Settlements joint conference ‘Opportunities and challenges of emerging technologies in the financial ecosystem’That sounds like there won't...
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Coming up soon – Bank of Japan monetary policy statement
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China’s six major national banks will start to implement a new mortgage pricing mechanism.
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