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: China repo rates and RRR cuts
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,...
US inflation (PCE) data due Friday – here are the critical ranges to watch
Due on Friday, September 27, 2024 at 0830 US Eastern time, the Core PCE data is the focus. The Personal Consumption Expenditures (PCE) data is a key measure of inflation that tracks changes in the prices of goods and services purchased by consumers. It is reported...
BOJ hiking (slowly), RBA cutting (slowly), Fed, BoC, RBNZ all cutting
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,...
Federal Reserve Board Governor Michelle Bowman is speaking again on Friday
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European Central Bank speakers on Friday include Lane and Cipollone
0815 GMT / 0415 US Eastern time - European Central Bank chief economist Philip Lane delivers opening remarks at a conference about Fiscal Policy, Financial Sector Policy and Economic Growth0940 GMT / 0540 US Eastern time - Keynote speech by ECB board member Piero...
China YTD industrial profits +0.5% y/y (prior +3.6%)
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PBOC sets USD/ CNY reference rate for today at 7.0101 (vs. estimate at 7.0093)
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USD/JPY has hit a 3 week high after the Tokyo inflation data
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Australian Treasurer Chalmers sees a positive impact from past China stimulus
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PBOC is expected to set the USD/CNY reference rate at 7.0093 – Reuters estimate
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 cuts 7 day reverse repo rate to 1.5% (prior 1.7%)
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People’s Bank of China cuts RRR by 50bp
People's Bank of China trims the required minimum capital banks much hold in reserve.The PBOC announced they'd be doping this earlier in the week. They'ce come through today. RRR cut by 50bp. ---The Reserve Requirement Ratio (RRR) is a central bank regulation that...
A tornado warning has been issued for parts of Florida and Georgia until 6 AM EDT
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USD/JPY sitting around its recent high circa 145.05 after the Tokyo inflation data
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Tokyo area September inflation data: Headline 2.2% y/y (expected 2.2%)
Headline CPI 2.2% y/y, in line with expectations but down from Augustexpected 2.2%, prior 2.6%Core 2.0% y/y, and ditto, in line with expectations but down from Augustexpected 2.0%, prior 2.4%this is ex foodCore-core 1.6% y/y, in line with expectations and an unchanged...
Base case forecast for RBA to cut on November 5 – a close call, very much data dependent
United Overseas Bank (UOB) in Singapore are maintaining a 'base case' forecast for the Reserve Bank of Australia to cut its cash rate by 25bp at its next meeting, on November 5. OUB say the cut is a "close call' and "very much dependent on upcoming data releases"...
More from Fed’s Cook: AI could be inflationary in short term, disinflationary in long tern
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US weather – Helene is now an “extremely dangerous category 4 hurricane”
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