Timesd below are listed as GMT/US Eastern time. Lane is usually of interest (he is ECB chief economist)0815/0315 Opening speech European Central Bank's vice president Luis de Guindos at 27th Euro Finance Week "Setting the course for 2025" in Frankfurt,...
Goldman Sachs downgrade Hong Kong stocks to underweight
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China Securities Regulatory Commission to expand numbr of stock eligible for Stock Connect
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Goldman Sachs expects a 50bp Reserve Bank of New Zealand rate cut this month
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Got gold? Jumps back above US$2590
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Bank Japan Gov Ueda – Driver of Japan’s inflation shifting towards rise in domestic wages.
Bank of Japan Governor Ueda spoke , earlier summary post is here:USD/JPY spiked:And USD/JPY is adding to its gains now:More, these Headlines via Reuters: Japan's economy recovering moderately albeit some weak signs.Rising corporate profits leading to higher capex.Will...
PBOC sets USD/ CNY reference rate for today at 7.1907 (vs. estimate at 7.2312)
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USD/JPY volatile on Bank of Japan Governor Ueda speech
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Bank of Japan Governor Ueda says economy recovering moderately, some weak signs
Bank of Japan Governor Ueda in Nagoya to deliver a speech and take questions from business executives.In summary:Economic Activity:Corporate Sector: Business sentiment has improved, with corporate profits on an upward trend. Firms maintain active investment stances,...
Bank of Japan Governor Ueda about to speak – rate hike clues incoming?
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Goldman Sachs lower its forecast for Australia’s economic growth in 2025 on Trump vs China
Goldman Sachs lowered its forecast for Australia’s economic growth in 2025 (info comes via Bloomberg (gated)):forecasts Australian domestic product (GDP) rising 1.8% in 2025, down from its previous forecast of 2%GS cite likely “negative spillovers” from the incoming...
Singapore Non-oil Domestic Exports (NODX) October 2024: -7.4% m/m vs. +2.3% expected
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PBOC is expected to set the USD/CNY reference rate at 7.2312 – 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...
Heads up for Asia central bank speakers Monday, November 18 – BoJ Gov Ueda, RBA’s Kent
We have had data from Japan this morning, disappointing:If you think economic developments in Japan are arguing against Bank of Japan interest rate rises, as are political pressures, I'd be agreeing with you. But, listen out for what Bank of Japan Governor Ueda has to...
Japan Machinery orders for September 2024: -0.7% m/m (expected +1.9%)
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South Korea official says stock mkt decline a little excessive, will stabilize as needed
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BlackRock CIO predicts 25bp FOMC interest rate cut in December, & 2 or more in 2025
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Potential euro recovery: UBS forecast for EUR/USD in 2025
In brief from a UBS note on the US dollar. Analysts at the banks are looking for a 1.05 - 1.12 EUR/USD range in 2025, but don't discount dips under 1.05. Froecast 1.12 at the end of 2025. UBS say that investor expectations of US tax cuts and tariffs aimed at boosting...
MUFG wary of an European Central Bank rate cut slowdown – EUR supportive
MUFG on the euro, says the fall since the US election a little overdone. Sees prospects for improvement ahead, citing (in brief) there is a risk that the European Central Bank cuts rates slower than the market expects, MUFG says exp[ectations for cuts are...
New Zealand Q3 PPI Output +1.5% q/q (expected 0.9%) and inputs +1.9% q/q (expected 1.0%)
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