Trump threatens to cancel ceasefire if Hamas does not release all hostages:Trump has warned that if Hamas does not release all Israeli hostages by midday Saturday, he will push to cancel the Israel-Hamas ceasefire and allow military action to resume"If all of the...
UK BRC Like-for-like Retail Sales (January) +2.5% y/y Prior +3.1%)
Earlier re the UK:***British Retail Consortium (BRC) data for January 2025:Like for like sales +2.5% y/yprior +3.1%Total sales +2.6% y/y, partly inflated by weak year-ago data and a December boost from Black Friday timing differences.12 month average is 0.8%BRC chief...
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Australia January business confidence +4 (prior -2)
National Australia Bank business survey, for January 2025:Business Confidence +4, improved on expectations of lower interest ratesprior -2.0Business Conditions +3prior 6.0 sales (down 4 to 6) and profits (down 6 to -2) declinedmargin pressures, particularly in...
PBOC is expected to set the USD/CNY reference rate at 7.3067 – Reuters modelled 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...
New Zealand’s finance minister Willis says NZ has a warm relationship with the US
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,...
BoE’s Mann says UK inflation is less of a threat, prices coming close to 2% target
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 forecasts softer headline US CPI, but core inflation to pick up
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,...
Australian dollar losing a few tics now as (tariff) reality bites
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,...
Australia February Consumer Sentiment +0.1% (prior -0.7%)
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,...
Trump cancelled deals with allies EU, UK, Japan, Australia, others – no exception tariffs
Trump extended steel and aluminum tariffs to apply to all imports, effectively ending agreements with the European Union, the United Kingdom, Japan, and other countries. The new executive order strengthens the original 2018 tariffs—set at 25% on steel and 10% on...
Key take away – Trump’s 25% steel and aluminium tariffs – NO EXEMPTIONS or EXCEPTIONS
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,...
Is MCD Stock a Buy?
Post-Earnings Setup for MCDMcDonald’s (NYSE: MCD) reported earnings on February 10th before the market opened, and the options market had priced in a 3.7% expected move. However, the actual reaction was stronger, with the stock jumping approximately 4.8%. So far, MCD...
White House says 25% steel tariffs will apply to all countries
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The last time Trump proposed tariffs on Australian steel and aluminium he backed down
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Trump agreed to consider an exemption for Australian steel tariffs
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,...
Trump and Australian PM Albanese have spoken (probably on steel tariffs)
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,...
Forexlive Americas FX news wrap: Gold hits another record 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,...
Eurozone to shrug off Trump steel and aluminium tariffs? EUR/USD forecast to 1.08
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 home price cuts are at the highest in over a decade
Mike Simonsen at Altos is out with a great report today highlighting some of the weakness in the US housing market.That's not a huge surprise because US 30-year fixed rates remain around 6.9% but it's an under-appreciated risk in the US economy. Some stats: Immediate...