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,...
Australian Q3 PPI +0.9% q/q (expected +0.7%)
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,...
Japan final manufacturing PMIs (October 2024 ): 49.2 (prior 49.7)
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,...
Here’s another forecaster moving back expectations for Bank of Japan rate hikes to 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,...
Asian FX & rates could be especially sensitive to the US election result
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 Japan to hike rates in January despite (because of?) politics
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,...
The RBA meeting next week marks a year of unchanged cash rate at 4.35% – no cut until 2025
On Wednesday we had Q3 inflation data from Australia:After the data the Commonwealth Bank of Australia changed its forecast for Reserve Bank of Australia rate cuts. Analysts at the bank had been expecting a December rate cut, but pushed it back to a February cut. The...
Australian manufacturing PMI for October 2024 (final) 47.3 (prior 46.7)
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,...
ICYMI Goldman Sachs changed their forecast for Bank of England rate cuts. None in December
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 Building Permits for September 2024: +2.6% m/m (prior -5.3% )
New Zealand Building Permits for September 2024: +2.6% m/m prior revised to -5.2%, from -5.3%For the y/y +1.6%***Building consents data in New Zealand tracks the number and value of construction projects approved by councils. This includes residential, commercial, and...
Bank of Japan Governor Ueda dropped a hint on what he sees as the main block to rate hikes
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,...
Stocks to continue higher through 2025. AI, Fed cuts, and strong economy underpin.
UBS global wealth management has a target for the S&P 500 at 6600 by the end of 2025. Analysts there argue for the continued rally citing:continued growth in AI-related capex reported by all three tech giants supports the positive structural trendbest...
Apple earnings: EPS of $1.64 vs $1.60 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,...
Economic calendar in Asia 01 November 2024 – China manufacturing PMI due (the 2nd one)
Another PMI from China is due today. The Caixin Manufacturing PMI for October. China has two primary Purchasing Managers' Index (PMI) surveys - the official PMI released by the National Bureau of Statistics (NBS) and the Caixin China PMI published by the media company...
Trade ideas thread – Friday, 1 November, insightful charts, technical analysis, ideas
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,...
October monthly changes: US stocks end the five-month winning streak
Coming into today, the main US stock market indexes looked like they would be climbing for the sixth straight month and 11 of the past 12.Instead, heavy selling hit and erased the monthly gains and more. As a result:S&P 500 -1.0%Nasdaq Comp -0.5%Russell 2000...
Amazon reports big beat on earnings and revenue
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 stock markets beaten up, close on the lows. More earnings to come
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 Americas FX news wrap 31 Oct: Stocks scared on Halloween (and ahead of election)
Markets:Gold falls -$38 or -1.37% at $2748.99Crude oil is trading up close to $2.00 after reports that Iran is preparing for a major retaliatory strikeBitcoin is down close to -$2000 at $70,372. The price peaked at $73600 on Tuesday just short of the all time high at...
USD/CAD fails in the first attemp to touch the highest since 2022
USD/CAD stalled out today right at the August high of 1.3946. A break above it would have been the highest since 2022 and not far off the highest since 2020.USD/CAD dailyThe pair is has climbed relentlessly since the final week of September as the Canadian economic...