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,...
ForexLive Asia-Pacific FX news wrap: RBNZ 50bp rate cut as expected, NZD jumped anyway
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Goldman Sachs estimates China’s 2024 LNG imports to revert back to previous record high
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Chief Economist & European Central Bank Executive Board member Lane speaking Wednesday
1800 GMT/1300 US Eastern time: Dinner introductory remarks by ECB board member Philip Lane at Conference on “Macroeconomic modelling frontiers for research and policy” organised by the ECB in Frankfurt***Philip Lane is serving as the Chief Economist and a member of...
ANZ forecast 25bp RBNZ rate cuts in February, April, and May 2025
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Goldman Sachs analyst says Asia LNG prices could jump to above $20/mmbtu
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RBNZ Gov Orr says tariffs would put up pressure on price levels globally
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Chinese defence minister placed under investigation for corruption.
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RBNZ Gov says it’s a misunderstanding that RBNZ projections show slower pace of rate cuts
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RBNZ Monetary Policy Statement Media Conference – live link
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China January- October industrial profits -4.3% y/y
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What is the Reserve Bank of New Zealand even doing? This is a horror ‘typo’/link
This is weird. I posted the RBNZ rate cut decision, it was published on time and kudos to all involved. I then tried to access the statement and meeting record on the Bank's website and, well, that wasn't smooth at all. I could access the site but the statement and...
PBOC sets USD/ CNY mid-point today at 7.1982 (vs. estimate at 7.2535)
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New Zealand dollar has surged higher after the Reserve Bank of New Zealand 50bp rate cut
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Reserve Bank of New Zealand cuts cash rate by 50bp, as expected
Reserve Bank of New Zealand In summary from the statement: The Monetary Policy Committee (MPC) has reduced the Official Cash Rate (OCR) by 50 basis points to 4.25%.Inflation: Annual inflation has decreased and is near the 1–3% target midpoint. Inflation expectations...
Revision to New Zealand data will show growth hasn’t been as weak as previously estimated
Stats NZ have released a preview od GDP revisions to be published on December 19. Westpac summary:The key points are as follows (note that slight further revisions to the numbers below are possible before their formal release): • Real GDP growth (using the...
Australian monthly CPI (October) 2.1% y/y (vs. 2.3% expected)
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Australian data – Q3 Construction Work Done +1.6% q/q vs. 0.3% expected
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PBOC is expected to set the USD/CNY reference rate at 7.2535 – 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...