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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,...
Westpac-Melbourne Institute Leading Index for November improves a touch again. Info in brief from the WPAC report:The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to...
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,...
Justin had the news on Tuesday here:China is said to be planning a record budget deficit of 4% of GDP for next year. That will be a step up from the target of 3% of GDP for this year.To 4% from 3% is substantial. Justin adds the caveat:Just be wary that all of these...
Bank of America analysts reaffirm their belief that U.S. equities remain firmly positioned within a secular bull market that originated from the depths of the 2008-2009 Global Financial Crisis (GFC). The bullish trajectory, they note, first solidified in 2013 when the...
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,...
NZD not a lot moved, up a tic or so. The current account represents the most comprehensive gauge of a nation's international financial interactions. It encapsulates not just the exchange of goods and services, but also earnings from foreign investments and payments...
When Argentina was mentioned just a year ago, economists immediately thought of three things: skyrocketing inflation, the devaluation of the Argentine peso, and government default.These issues became defining features of the Peronist and, later, Kirchnerist...
The Dow extended its longest losing streak since 1978 to 9 trading days. That streak has been largely attributed to UniitedHealth. The price of that stock is down -22.0% since December 4. However, Nvidia is also down -11.02% over the last 9 trading days (so it isn't a...
Markets:Gold down $9 to $2643US 10-year yields flat at 4.39%WTI crude oil down 55-cents to $70.16S&P 500 down 0.4%DJIA declines for ninth-straight day, worst streak since 1978JPY leads, AUD lagsIt was tough to pin down what was behind the various moves in the...
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,...
Last week, CNBC's Jim Cramer interviewed Donald Trump at the NYSE and one thing stuck out for me: The President-elect said: We’re going to be way ahead of AI, and we’ve got to produce tremendous amounts of electricity. It’s unbelievable when you think that we need...
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,...