Reports out of New Zealand today that New Zealand Treasury plans to revise economic and fiscal forecasts due to a sustained slowdown in productivity.In brief:Economic recovery, previously expected in late 2024, is now anticipated to begin later, according to Chief...
ICYMI – (nearly) 90% of economists expect the Federal Reserve to cut by 25bp in December
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More from Fed’s Collins – too early for Fed to factor in the election impact
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Economic calendar in Asia Thursday, November 21, 2024 – Bank of Japan Governor Ueda speech
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Trade ideas thread – Thursday, 21 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,...
Nvidia shares down after Q3 results beat
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,...
Nvidia earnings Q3 2024: Adj. EPS 0.81 (expected 0.75), Revenue 35.08bn (exp 33.12bn)
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Forexlive Americas FX news wrap 20 Nov: Fed’s Bowman more hawkish. 20 year auction ugly.
Markets:Gold up $16.73 or 0.63% had $2648.75US 10-year yield 4.415%, +3.7 basis pointsUS 2-year yield 4.320%, +4.9 basis pointsWTI crude oil down nine cents at $69.08S&P 500 unchangedNASDAQ fell -0.11%Russell 2000 unchangedDow up 0.32%The US dollar moved back...
Fed’s Collins looks to be on the fence re a December interest rate cut
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Late day rally pushes Dow and S&P up. Nasdaq lower but well off lows
Buying into the US close, sent the Dow industrial average into positive territory. The S&P index is closing unchanged.The NASDAQ index is still closing down on the day but well off its lows. At session lows the NASDAQ was down -263.08 points andIs closing the day...
Nvidia earnings after the close. What is expected?
Nvidia will announce its earnings after the close today. Sharea are lower today with the price trading down about -$3.00 or -2.10%. at $144.00. The all-time high closing level is at $148.88.What are the expectations?Earnings ExpectationsAdjusted quarterly earnings:...
ECBs Stournaras: ECB policy has tamed inflation
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Crude oil futures settled at $68.87
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The USDJPY, GBPUSD and USDCHF are each using the 100 hour MA as a risk/bias defining level
The USDJPY, GBPUSD and the USDCHF have each seen up and down action today. For the USDJPY and GBPUSD, the price action traded above and below the 100 hour MA. Both also used that MA as either support (for the USDJPY) or resistance (for the GBPUSD). That helps to...
US treasury sells $16 million of 20 year bond the high yield of 4.680%
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The US treasury is to sell $16 billion of 20 year bonds at the top of the hour
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More from Bowman:It’s concerning we’re recalibrating policy w/out reaching inflation goal
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Fed’s Bowman: Fed may be closer to neutral policy then policymakers currently think
Fed's BowmanFed's Michelle Bowman is speaking and says:U.S. Central Bank should pursue a cautious approach on monetary policy.Fed may be closer to neutral policy than policymakers currently think; inflation remains a concern.Her estimate of neutral policy rate is much...
More from BOE’s Ransden: October CPI data only marginally above BOE’s forecast
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More from Cook:Productivity is such a long run stable trend that exceeding it is very hard
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