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,...
China unveiled a plan to enhance the sustainability of its aluminum industry by 2027
China has unveiled a comprehensive plan to enhance the quality and sustainability of its aluminum industry by 2027. Spearheaded by ten government departments, including the Ministry of Industry and Information Technology, the initiative sets ambitious...
European Central Bank board member Luis de Guindos speaking Friday
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 – critical ranges to watch – clustered around +0.3% m/m
Due on Friday at 0830 US Eastern time (0130 GMT), 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 monthly by...
Goldman Sachs moves its RBA rate cut forecast from April to May
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,...
Gold made a new high above US$3060 earlier, now its above $3070
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,...
Canada – Carney and Trump are expected to speak on Friday
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,...
Trump warned US automakers not to raise prices due to tariffs
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 7.1752 (vs. estimate at 7.2591)
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...
Stronger Tokyo inflation data bolsters case for May BoJ rate hike, says ING
A hotter-than-expected reading on Tokyo inflation has strengthened the case for a Bank of Japan rate hike as soon as May, according to ING, which points to signs of broadening price pressures across both goods and services.Consumer price inflation in the Japanese...
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PBOC is expected to set the USD/CNY reference rate at 7.2591 – 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...
Poll shows expectations are for the Reserve Bank of Australia to stay on hold next week
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 Summary of Opinions – March meeting
Full text of the Bank of Japan Summary of Opinions of the March 18 and 19 meeting is here. One member said inflation is somewhat overshooting expectations.One member said wage hikes in spring wage talks are somewhat exceeding last year's figures, with nominal wages...
Heads up for Trump speaking at the top of the hour (8pm US Eastern time / 0000 GMT)
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The yen has strengthened after the trifecta of Tokyo CPI data – inflation rising
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,...
Tokyo February headline CPI +2.9% y/y (2.7% expected)
All three of the measures have come in above expected, and all of them above (or equal to in the case of the headline) the February reading. To round it out, all three are also above the Bank of Japan 2% target. At the margin you'd think that this is positive for a...
Morgan Stanley data preview – sees hotter core PCE print
Morgan Stanley expects a firmer reading in February’s core personal consumption expenditures (PCE) price index, forecasting a monthly gain of 0.35%. The bank attributes the strength to persistent goods inflation and a rebound in core services prices excluding...
Barclays are expecting the People’s Bank of China to cut the value of the yuan
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,...
Fed’s Barkin warns not assume just a one-time change in prices from tariffs
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,...