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,...
WSJ opinion piece argues the Fed should cut by a 50bp, not 25
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,...
BoA analysts are not expecting much clarity from the FOMC this week
Analysts at Bank of America are not expecting clarity on the Federal Reserve's rate path ahead from the Summary of Economic Projections (SEthat'll be published on Wednesday alongside the rate cut decision.Nor are they expecting much guidance from Federal Reserve Chair...
ICYMI – China quietly slipped out very weak data over the weekend
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,...
Reminder – there is no reference rate setting for the yuan today (CNY) – China on holidays
Both China and Japan are closed today, Monday, September 16, 2024:As a ps. South Korea is closed today also. China will also be closed tomorrow, Tuesday, September 17, 2024. We'll not be getting a USD/ CNY reference rate setting from the People's Bank of China today...
UBS on the data ahead of the FOMC meeting – what could trigger a 50bp interest rate cut
The key us data this week is on Tuesday, with the Federal Open Market Committee (FOMC) announcement following the next day. UBS are eyeing the retail sales and industrial production data, saying that weakness in these could potentially influence the Fe decd to cut its...
UK house price indicator has its biggest September m/m rise since 2016
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,...
New Zealand Services PMI August 2024: 45.5 (prior 45.2)
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,...
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RBNZ says material monetary policy surprises are relatively rare.
The Reserve Bank of New Zealand has published a new 'Analytical Note' that seeks to assess monetary policy surprises and how they impact on financial market instruments. Material monetary policy surprises are defined as instances where market pricing for the OCR...
Trump complains “What’s going on?” when his stock trading is halted
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,...
Economic calendar in Asia 16 September 2024 – a very light one
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,...
Trade ideas thread – Monday, 16 September, insightful charts, technical analysis, ideas
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,...
Chinese and Japanese markets are closed today, Monday, September 16, 2024, for holidays
Japanese markets are closed today for Respect for the Aged Day.Chinese markets are closed today, and tomorrow, for the Mid-Autumn Festival.New Zealand, Australia, Hong Kong and Singapore markets remain open. -Even with Japan closed the yen is likely to sweing around...
Trading CME equity index futures? Don’t forget the rollover right about now: December 2024
Just a reminder to all that if you are trading emini US equity futures on the CME the September contract expires this week.There is a lot going on so you may (probably not) have been distracted.Firstly, if you are new to all this, check out:Alternatively, if you're...
The FBI are treating the shooting incident as an assassination attempt on Trump
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 on the Sunday shooting, says he is safe and well, will never surrender
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,...
Weekend – Bank of Canada governor raises prospect of faster rate cuts, FT reports
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 shooting (he’s unharmed) – Checking indicative FX rates – 16 September 2024
Reports surrounding the shooting are still sketchy and we await further information. Was does seem to be clear is that Trump is unhurt, safe and well. Thankfully. Indicative rates, little change from late Friday:EUR/USD 1.1081USD/JPY 140.75GBP/USD 1.3127USD/CHF...
More on the Trump shooting (Trump is unharmed) – Secret Service returned fire
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,...