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Background expectations to this today: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...
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,...
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,...
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,...
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...
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,...
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,...
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,...
In a statement on Saturday China's central bank, the People’s Bank of China (PBOC), announced plans to enhance financial support for technology innovation and consumption stimulation to boost economic growth. The bank also hinted at using new tools to provide...
This from the Australian public media, ABC, over the weekend:Its ungated if you want to read the whole thing, but the piece that's catching notice is where the writer makes the case that the Reserve Bank of Australia might intervene to support the AUD if it falls...
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,...
The Caixin/S&P Global China General Services PMI is scheduled for release today, January 6, 2025, at 01:45 UTC, which is January 5 2045 US Eastern time:Over the past six months, the Caixin/S&P Global China General Services PMI has indicated consistent...
The item of most interest on the data calendar is the Caixin service PMI from China, for December 2024. We had the official PMIs from China last week, where services showed marked improvement:China official December Manufacturing PMI 50.1 (expected 50.3) Services 52.2...
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,...
If you were awaiting comments from Federal Reserve Bank of San Francisco President Mary Daly, nope. No comments on the economy nor policy.Daly spoke earlier alongside Kugler, with some remarks of interest ICYMI:I'm sure she, and other Fed talking heads, will more than...
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,...
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UPCOMING EVENTS:Monday: China Caixin Services PMI, German CPI, Canada Services PMI.Tuesday: Switzerland CPI, French CPI, Eurozone CPI, US ISM Services PMI, US Job Openings.Wednesday: Australia Monthly CPI, Eurozone PPI, US ADP, FOMC Minutes. Thursday: Japan Average...
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The latest poll in Canadian from Angus Reid has the governing Liberals at 16%, in a result that could leave them with as few as 5 seats in parliament.There have been a series of reports on various regional caucus revolts in the past few days and seems as though Prime...