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,...
RBA’s Bullock: Rates are to remain on hold for the time being
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,...
BOJ governor Ueda says must conduct monetary policy in timely, appropriate fashion
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,...
AUD/USD continues to set its sight on the December high as RBA reiterates hawkish stance
AUD/USD daily chartDespite all the ups and downs this year, the pair had been mostly trading within a band of roughly 300-400 pips in 2024. But with the latest upside move since two weeks ago, buyers might be eyeing a stronger breakout here. That especially with the...
Heads up: RBA monetary policy decision set for the bottom of the hour
Imagine if the RBA did actually look like that. Sadly, the iconic signage area has even been converted to a bus stop and covered in scaffolding. Le sigh. Anyway, the Australian central bank is going to be announcing its latest policy decision later. But barring any...
Chinese yuan gains alongside more positive mood in domestic markets
Both the Shanghai Composite and CSI 300 indices are up 2.4% on the day while the Hang Seng is up by 3.3% ahead of the lunch break later. That comes as the PBOC unveiled more easing measures earlier, after not doing so at the end of last week. However, the key caveat...
ForexLive Asia-Pacific FX news wrap: The PBOC bombshell announcement … that wasn’t
PBOC governor Pan Gongsheng, NFRA* director Li Yunze, and CSRC* president Wu Qing joined forces for a 9 am (Beijing time) press conference that generated bombshell monetary policy stimulus headlines that were subsequently withdrawn. The Governor of the People’s Bank...
People’s Bank of China Governor says yuan has a relatively solid and stable foundation
PBOC Governor Pan Gongsheng was remarking on the yuan re the Fed rate cut.Fed rate cut eased external pressure on the yuan exchange rate yuan has a relatively solid, stable foundationIt was only a few weeks ago that the PBOC was terrified of excessive weakening of the...
ICYMI – PBoC says it will cut rates, but gave no indication of a timeline for when
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,...
People’s Bank of China Governor says must support steady recovery of prices, economy
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 mid-point today at 7.0510 (vs. estimate at 7.0495)
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,...
People’s Bank of China will soon cut 7-day reverse repo to 1.5% from 1.7%
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,...
People’s Bank of China will soon cut reserve requirement ratio by 50bp
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 and other senior economic officials press briefing underway
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,...
AUD traders heads up – Australian Treasurer Chalmers press conference after RBA
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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Morgan Stanley prefers Chinese stocks trading offshore over those listed on the mainland
Morgan Stanley has recommended that investors rethink their preference for Chinese stocks listed on the mainland in favor of those traded internationally. According to a Bloomberg (gate) report, this change in outlook is driven by shifts in the key factors that have...
Japan Jibun preliminary Sep PMIs: Manufacturing 49.6 (prior 49.8) Services 53.9 (53.7)
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 is expected to set the USD/CNY reference rate at 7.0495 – 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...
Reserve Bank of New Zealand give a heads up on when Governor Orr is speaking next
The Reserve Bank of New Zealand have issued a list of upcoming speeches by senior official.s A note for the diary!Monday, 14 October at 9.15amGovernor Adrian Orr will speak about improving Māori access to capital Tuesday, 15 October 2024 at 11amDeputy Governor...