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,...
Israeli war council meets tonight amid anticipation of Hamas’ response to proposals
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,...
UBS expects the Fed to start cutting in September
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,...
Inflation Pushes Stocks Down, But How Does US Inflation Affect The ECB?
US inflation again climbs at a faster pace than previously thought. The inflation rate rises to 3.5%, a 6-month high, and core inflation remains unchanged. The CME’s FedWatch Tool reduces the possibility of a rate hike from 56% to 18% for June 2024. The highest...
Risk sentiment trades more cautious as we start the session
General risk sentiment is still trading more cautious following yesterday's US CPI surprise.Equities: Mostly flat to lower across US, EMEA and Asia-Pac equity futures. We've seen a marginal attempt at clawing back some of yesterday's post-CPI losses but equities...
Quick look at today’s calendar
The main highlights for today's calendar is the ECB policy decision coming up at 12:15 GMT, as well as US PPI coming up 15 minutes after that at 12:30 GMT.CALENDAR THURSDAY (11 APRIL 2024)For the ECB, the main focus will be on whether the bank confirms the market's...
Norwegian GDP Mainland (Feb) -0.2% vs 0.1% expected
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,...
BoC poised for June easing according to Monex
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,...
Apple warns users of mercenary spyware attack in 91 countries
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,...
ING says chances of June cut quashed by yesterday’s CPI
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,...
BoE’s Greene says inflation persistence a greater threat in the UK than the US
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: Reverberations from the US CPI report in Japan, China
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 on the US CPI – the “sound of the door slamming shut on a June rate hike”
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 speakers Thursday include Williams, Barkin, Collins, Bostic
We'll be getting responses to the sticky high inflation data from this lot today, or at least from some of them.times are GMT / US Eastern time 1245 / 0845 Federal Reserve Bank of New York President John Williams speaks before the Federal Home Loan Bank of New York...
Japan chief cabinet secretary: Won’t rule out any steps to respond to excessive FX move
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,...
Morgan Stanley & Goldman Sachs have both lifted their forecasts for China economic growth
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,...
Refresher on the bind the PBoC is in on the weak yuan -don’t want to trigger a crash
I posted way back in January on the tight spot the People's Bank of China finds itself in:destabilizing CNY dynamics could tip a slow burn economic slowdown into financial meltdown that triggers a crashThat was in the context of the PBoC holding back on stimulus, but...
China March CPI -1% m/m (-0.5% expected)
China inflation data for March 2025.CPI -1.0% m/mexpected -0.5%, prior +1.0%CPI 0.1% y/yexpected +0.4%, prior +0.7%PPI -0.1% m/mprior -0.2%PPI -2.8% y/yexpected -2.8%, prior -2.7%-Meanwhile, stocks in China have opened lower, following on from the drop on Wall Street...
PBOC sets USD/ CNY reference rate for today at 7.0968 (vs. estimate at 7.2622)
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...
Wall Street Journal fed insider: Fed Rate Cuts Are Now a Matter of If, Not Just 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,...