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Bank of Japan continues to buy JGBs, amount unchanged from previous offer
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 7.0949 (vs. estimate at 7.2282)
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,...
Philippines warns of tsunami and orders the evacuation of coastal areas after Taiwan quake
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,...
Reports of buildings collapsed in Taiwan after the 7.5 magnitude earthquake
Multiple buildings collapse in Hualien, Taiwan.The news coming of Taiwan is getting worse, there are report of people trapped inside collapsed buildings.Also seeing footage of a landslide triggered by the quake.An official in Taiwan says this was the strongest...
Japan Jibun / S&P Global Services PMI 54.1 (preliminary was 54.9, prior 52.9)
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 7.2282 – 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...
Earthquake near Taiwan Magnitude 7.5, felt in Taipei
Magnitude 7.5, depth 80km. UPDATE - Japan Meteorological Agency says the depth is very shallow. This makes the impact worse. 7.5 magnitude earthquake occurred 13.05mi SSE of Hualien City, Taiwan.This is a huge quake. Evacuation advisory issued to Okinawa coastal areas...
US Treasury Secretary Yellen is scheduled to visit China later this week
Treasury Secretary Janet Yellen is scheduled to visit China this week, her second visit to China as Treas Sec.Yellen will meet China's Finance Minister, and also economists, students and members of the business community.On the agenda is what US Treasury describe as...
Goldman Sachs US Q1 GDP Tracking now at 2.3%
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,...
NATO meet Wednesday to discuss military support for Ukraine, 100 bn EUR proposal
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,...
Reserve Bank of Australia monetary policy: current level of cash rate is … just right
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,...
Invest in Mexico’s rise: Ride the bull with Mexican ETFs
Investing in Mexico: A quick heads-up to profiting from growth Mexico City is a vibrant city on the rise, like MexicoMexico stands at the cusp of a transformative era, presenting unparalleled opportunities for investors drawn to its vibrant growth, strategic...
UBS forecast 3 Federal Reserve rate cuts in 2024, and another 5 cuts in 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,...
Biden and Xi speak for first time since November summit – US readout
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 Dollar Stumbles Before Key Jobs Data; Setups on EUR/USD, USD/JPY, USD/CAD
US DOLLAR OUTLOOK – EUR/USD, USD/JPY, USD/CADU.S. dollar, via the DXY index, eases off multi-month highs as global yields soarThe spotlight this week will be the release of the March U.S. jobs reportThis article explores the technical outlook for EUR/USD, USD/JPY and...
Oil traders heads up for the OPEC+ (monitoring) meeting coming up today
There is an OPEC+ meeting scheduled for Wednesday, 3 April 2024:Joint OPEC/non-OPEC Ministerial Monitoring Committee (JMMC) meetingIt'll be an online meeting, beginning at 1pm Vienna time:1100 GMT0700 US Eastern timeThe background to this is that last month OPEC+...
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ICYMI – Mester and Daly both say 3 Fed rate cuts this year, but its not a promise
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 major indices sink but bounce off session lows. Russell 2000 leads the way lower
US major indices sink, but close off lows. Russell 2000 led the way to the downside. The Dow and the NASDAQ closed down near 1%.A snapshot of the final numbers shows:Dow industrial average -396.63 points or -1.00% at 39170.23. At session lows the index was down...