Japanese inflation data is due at 2330 GMT (1830 US Eastern time) on Thursday, January 23, 2025 (which is Friday morning, Japan time). Japan experienced a more or less steady increase in consumer prices over H2 of 2024, with a notable uptick in November. July 2024:...
It appears NASDAQ’s Twitter (X) account was hacked and used to promote memecoin ‘STONKS’
Here is the summary of reports coming out:Nasdaq’s official X (formerly Twitter) account was hacked and used to promote a fraudulent memecoin called STONKS. The hacker falsely linked a fake X account as a Nasdaq affiliate and retweeted a post about the token, which...
The BOJ meet today and tomorrow and is unlikely to delay rate hike action
BOJ signals January rate hike amid strong wage growth and yen speculation.That would seem to be a decent one-sentence summary of what's to come from the Bank of Japan statement due on Friday, January 24, 2025 Scouring around various notes on what to expect from the...
Tesla is increasing prices in Canada
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,...
China to channel “hundreds of billions of yuan” annually from insurers into equities
China has unveiled a major initiative to channel hundreds of billions of yuan annually from state-owned insurers into equities, marking the latest effort by authorities to stabilize and support the country’s stock markets. Wu Qing, head of the China Securities...
Bank of England Financial Policy Committee External Member Carolyn Wilkins speaks Thursday
1000 GMT / 0500 US Eastern time - Bank of England Financial Policy Committee External Member Carolyn Wilkins will give speech at Fitch Ratings ‘Geopolitics and financial stability: a plan beats no plan’Note:The Bank of England's Financial Policy Committee (FPC) was...
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European Central Bank’s Escriva speaking on Thursday
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 says it’ll provide liquidity tools to fund share purchases “at proper time”
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 equities jumping on all the supportive new policies
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,...
China official says insurance firms still have room to increase their market investment
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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Stellantis says its not moving 1500 jobs from Canada to 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,...
Chinese official says 100s of bns of yuan to flow into shares every year from pensions
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 sets USD/ CNY reference rate for today at 7.1708 (vs. estimate at 7.2896)
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 the yuan to fluctuate within a certain...
JP Morgan’s number one risk for stocks this year (TL;DR, its valuations)
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 to ease foreign investment rules in bid to boost economy
New Zealand will loosen foreign investment regulations to attract international capital, Prime Minister Christopher Luxon announced on Thursday (New Zealand time). The move is part of his government’s strategy to stimulate economic growth and create jobs amid a...
PBOC is expected to set the USD/CNY reference rate at 7.2826 – Reuters 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...
Japanese December exports smash higher than expectations – but not imports
Japan's December exports rose 2.8% year-on-year, according to the Ministry of Finance (MOF), exceeding the poll forecast of +2.3%.prior was 3.8%Japan's December imports increased 1.8% year-on-year, below the poll estimate of +2.6%prior was -3.8%Japan recorded a...
South Korea Q4 economy suffered from weak consumer & business spending, political turmoil
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,...