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,...
Crypto-friendly French Hill is new chair of the U.S. House Financial Services Committee
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Friday the 13th European Central Bank speaker – Centeno
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PBOC sets USD/ CNY reference rate for today at 7.1876 (vs. estimate at 7.2745)
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 looking to dramatically shrink, consolidate or even eliminate top bank regulators
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BNP Paribas are forecasting EUR/USD to parity in 2025
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,...
PBOC is expected to set the USD/CNY reference rate at 7.2745 – Reuters estimate
Posted earlier:***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...
UK consumer confidence touches 4-month high (not a great result though) at minus 17
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,...
BoJ Q4 Tankan reports that firms expect Japan inflation to remain above 2%
Bank of Japan Q4 2024 Tankan reportDecember big manufacturers index +14 (Reuters poll: 12) (at +14 this is the highest since March 2022)March big manufacturers index seen at +13 (Reuters poll: 11)December big non-manufacturers index +33 (Reuters poll: 32)March big...
UBS forecast gold US $2900. Cite growing US debt, central bank demand, falling rates.
UBS says inflation will remain sticky for the foreseeable futurerising prices to be a persistent problem over the next decadeUBS forecast US inflation to hit 3% at the end of 2024, 2.6% at the end of 2025, and 2.5% throughout 2027. All well above the Fed's 2% target....
Trump trade adviser Navarro warns on FX manipulation
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Bank of America forecasts Brent crude oil to average $61 per barrel through 2025
Bank of America analysts are projecting lower Brent crude next year:average US$61 / bbl through 2025Analysts say OPEC + countries want higher prices:fiscal budget deficits emerging across OPEC economies amid lower pricesBut this is encouraging some members to break...
China to send high-level delegation to Trump’s inauguration in Xi’s place
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Jeremy Siegel says gains on S&P 500 in 2025 will be around zero to ten percent
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Trump says costs of automation way above the benefits offered – especially for port work
Trump says the amount of money saved by automation is nowhere near the distress, hurt, and harm it causes for American workers, in this case, our longshoremen.I'm not sure of the implications of Trump's anti-automation stance here. An end to the use of shipping...
EUR/USD – there are extremely large option expiries at 1.0500 on Friday
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Forexlive Americas FX news wrap: ECB cuts rates by 25 basis points
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New Zealand manufacturing PMI plunges deeper into contraction – November 45.5 (prior 45.8)
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US data “the definition of sticky inflation” above 2%. Analysts trim easing forecasts.
Wells Fargo is dialling back the dovishness in the wake of solid inflation reports out of the US on Wednesday and Thursday. Before I get to Wells Fargo, check out this clear-eyed view of inflation developments in the US:I posted yesterday similar, but thought it was...