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,...
A JP Morgan strategist says a Federal Reserve rate cut is not needed
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,...
Australia CPI preview – CBA expect “Headline inflation in August back within RBA’s target”
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,...
FOMC forecasts from 28 bank analysts. Forecasts for today’s cut, dot plots, 2024 and 2025
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 be setting interest rates this week and next
The People's Bank of China will set Loan Prime Rates (LPRs) on Friday September 20:these benchmark lending rates remained unchanged in Augustone-year loan prime rate stayed at 3.35%the five-year rate was maintained at 3.85%In July China's central bank confirmed...
Australian August Monthly CPI preview – Westpac expect 2.7% y/y for the monthly read
This is via Westpac’s preview of the inflation data due from Australia on Wendesday 25 September at 11.30 am Sydney time0130 GMT, 2130 US Eastern timeIn brief:WPAC near-cast for the August Monthly CPI Indicator is –0.2%mth/2.7%yr. For the September quarter CPI our...
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PBOC sets USD/ CNY reference rate for today at 7.0870 (vs. estimate at 7.0828)
The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading...
Australia leading index in August shows still very slow growth ahead
Australia Westpac Leading Index for August 2024 -0.05% m/mprior –0.03%Westpac note, in summary: The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine...
El Erian cites ‘The Economist’ – Fed rate cuts “may disappoint “
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,...
Japan August data shows a big miss for both exports and imports – recap
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 7.0828 – 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...
Japan Machinery orders for July 2024: -0.1% m/m (expected +0.8%)
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,...
Japan August exports +5.6% y/y (expected +10.0%) & imports +2.3% y/y (expected +16.6%)
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,...
Asian markets holidays reminder – Hong Kong is closed today
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,...
JP Morgan CEO Dimon says FOMC rate cut today is “not going to be earth-shattering.”
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,...
New Zealand data – Current account deficit for Q2 comes in larger than expected
NZD/USD not showing much response. Currently up a few wee tics around 0.6189.The data focus for the week is Q2 GDP due Thursday local NZ time. The current account represents the most comprehensive gauge of a nation's international financial interactions. It...
A 50bp Federal Reserve rate cut coming today? History says ‘No’.
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,...
Bank of Canada Rogers still sees work to do on inflation, but core shouold decline
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,...
North Korea has fired off another ballistic missile
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,...