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 Caixin Manufacturing PMI for March 51.1 (expected 51.0, prior 50.9)
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 sets USD/ CNY reference rate for today at 7.0938 (vs. estimate at 7.2191)
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,...
What to watch in Japanese comments for USD/JPY selling intervention getting closer
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 PMI for March 2024 comes in at 48.2 (flash 48.2, prior 47.2)
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 7.2191 – 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 PM Kishida: Share an understanding of FX moves with MoF’s Kanda
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 finance minister Suzuki says rapid FX moves undesirable, recent moves speculative
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,...
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BOJ Tankan Q1 2024: Large Manufacturers Index +11 (expected +10)
Headlines via Reuters: March big manufacturers index +11(Reuters poll: 10)June big manufacturers index seen at +10(Reuters poll: 11)March big non-manufacturers index +34(Reuters poll: 33)June big non-manufacturers index seen at +27(Reuters poll: 30)March small...
China’s SAIC aims to slash jobs at GM, VW ventures and EV unit (unnamed sources cited)
Reuters with the info that - China's SAIC Motor plans to cut thousands of jobs in 2024 at its joint ventures with General Motors and Volkswagen, and at an electric-car unit.Reuters cite two people with knowledge of the matter.SAIC is a Chinese state-owned...
ICYMI – China’s March 2024 manufacturing PMI jumped to its highest in a year
Data out over the weekend, ICYMI, showed China's manufacturing activity expanded for the first time in six months in March.This was the official PMI data for March:Manufacturing PMI 50.8 in March vs. 49.9 expected and 49.1 in FebruaryAbove the 50 level means the...
US jobs report for March – NFP – event of the 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,...
US futures markets have reopened – Sunday evening Globex trade, ES jumps higher
Globex opens at 5pm Chicago time on a Sunday, which is 6pm US Eastern time. NQ and ES have jumped higher.In FX the USD has dropped alongside. You can track US futures on our free charts, here is the S&P 500 futures, ES: This chart is from our charting app, which...
Ex-Fed Vice Chair Clarida says FOMC could cut in June even if CPI stays high – here’s how
Former Vice Chair if the US Federal Reserve, Richard Clarida, is now a global economic adviser to PIMCO. He wrote last week that even if inflation proves more sticky at high levels in the data to come over the weeks ahead, and the economy remains strong, the FOMC...
ECB’s Holzmann says the European Central Bank may cut rates ahead of 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,...
ECB’s Stournaras says four 25bp interest rate cuts are feasible in 2024
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 Monday, 1 April 2024: Bank of Japan Tankan and another China PMI
Over the weekend we had the, improving, official PMIs from China:Today, Monday, we'll get the second China manufacturing PMI, this one from Caixin / S&P Global. We'll also get the Bank of Japan Tankan report for Q1. The Reuters Tankan, out monthly, serves as a...
Here are the Asian markets still on holidays Monday, 1 April 2024, and which ones are open
It's a holiday Monday in Hong Kong, New Zealand and Australia on 1 April 2024 for Easter Monday. Japan, Singapore and mainland China are all open. Hong Kong's absence will thin liquidity out somewhat while New Zealand and Australia will do the same in the early hours....
Trade ideas thread – Monday, 1 April, 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,...