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...
Trump says wants the Keystone XL pipeline built
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Bank of Korea cuts its base rate by 25bp, to 2.75%, as expected
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USD/JPY back above 150.00
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,...
JP Morgan see “tariff headline news flow risk as a continuous theme” through 2025
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Japan PPI Services for January +3.1% y/y (expected +3.1%)
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Fed’s Goolsbee: The Bank is required, by law, to think about any Trump tariff price rises
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Macron says the EU is set to announce short-term defence financing
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Bank of America warn of US stagflation risk, but expect it to be not too awful
Bank of America economists say that the risk of US stagflation is growing. They cite "growth negative policies"deportations of undocumented workersgovernment job cutshigher tariffs threatsheightening risk that fiscal stimulus will be modest and delayedOn that last...
Australian weekly consumer sentiment survey hits its highest since May 2022
A number under 100 for the ANZ-Roy Morgan Australian Consumer Confidence index indicates net pessimismFor the latest survey, its come in at 89.8 and its highest since May 2022:prior was 85.1Still pessimistic but not as much. The Reserve Bank of Australia rate cut and...
Ethereum drops further, under US$2600
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Here’s a forecast for S&P 500 to 6600 by end 2025: 3 reasons to shrug off tariff concerns
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Trump Confirms tariffs on Canada, Mexico ‘will go forward’
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Bank of America on tariff inflation – expects a10% price rise for PCs
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Economic calendar in Asia Tuesday, February 25, 2025 – Bank of Korea rate cut expected
We get Japan's services PPI (also known as the Corporate Services Price Index) for January todayThe January goods PPI from Japan (also known as the Corporate Goods Price Index) showed a solid rise:While there is no number for expectations printed on the calendar...
Trade ideas thread – Tuesday, 25 February, insightful charts, technical analysis, ideas
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Forexlive Americas FX news wrap 24 Feb: US stocks fall despite talk of peace deal ahead.
The economic calendar was light today with the less followed Dallas Fed manufactuing index the only release. It showed a fall to -8.3 from 14.1 last month. That was the lowest level going back to September 2024.With stocks giving up their gains early in the day, the...
Trump press conference with Macron. My people are dealing with Putin constantly
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Russia’s Putin on US/Ukraine rare earth metals: It’s none of our business
Russia's Putin is on the wires saying that the US-Ukraine rare earth metals negotiations are none of our business.Huh?He adds:On rare earth metals cooperation with US, Russia would be ready to offer joint work to US public and private entities. Huh?Trump want to...
Germany is discussing EUR$200B in emegency defense spending
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