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 PBoC rate setting is coming up on Monday – will likely remain on hold
The People's Bank of China sets its Loan Prime Rate (LPR) for the one- and five-years on Monday January 21. Due at 0115 GMT, which is 9.15 pm US Eastern time.The LPR plays a vital role in determining interest rates for loans and mortgages in China.Current LPR rates...
Barr and Daly from the Federal Reserve speak on Friday
Federal Reserve Vice Chair for Supervision Michael Barr participates in a discussion on "Bank Regulation" before the Responsible AI Symposium: Advancing a Blueprint for Tech Equity" at 1800 GMT, 1300 US Eastern timeFederal Reserve Bank of San Francisco President Mary...
European Central Bank President Lagarde speaks on “the Global Outlook” on Friday
Lagarde will be speaking at 1000 GMT, which is 0500 US Eastern time. Also on the circuit today is ECB board member Elizabeth McCaul As part of a panel at the 12th Institute for Law and Finance (ILF) Conference on the Future of the Financial Sector “Navigating higher...
China’s largest brokerage has placed restrictions on short sales
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,...
USD/JPY has dropped back after comments from Japan’s finance minister Suzuki
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,...
[속보] 2024년 초대박 통장 나왔다!! 이자만 851만원!! 이것하면 35만원 더~25일부터 신청하세요!!]]#3.1경제독립tv
https://www.youtube.com/watch?v=pxZAp--fxts [속보] 2024년 초대박 통장 나왔다!! 이자만 851만원!! 이것하면 35만원 더~25일부터 신청하세요!!]]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정" 부탁드리겠습니다!...
Japan finance minister Suzuki says watching FX moves ‘carefully’
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’s headwinds: Property sector debt implosion and traditional autos decline
A Wall Street Journal (gated) piece has a couple of snippets that pour cold water on the large-scale boost expected for China's economy from new growth drivers such as electric vehicles, batteries and renewable-energy. The property sector debt implosion is just too...
JP Morgan says there is plenty more downside for Bitcoin – more ‘sell the fact’ 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,...
PBOC sets USD/ CNY reference rate for today at 7.1167 (vs. estimate at 7.1972)
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...
Third Houthi terrorist attack on commercial shipping vessel in three days
Info comes via US CentCom just coming in:On January 18 at approximately 9 p.m. (Sanaa time), Iranian-backed Houthi terrorists launched two anti-ship ballistic missiles at M/V Chem Ranger, a Marshall Island-flagged, U.S.-Owned, Greek-operated tanker ship. The crew...
China’s state banks sold USD for yuan, trying to prop up CNY
China's currency has been on a fresh downward spiral since the beginning of the new year.Earlier this week state banks were in the market selling USD/CNY ahead of 7.20 trying to support the currency. On Tuesday the offshore yuan (CNH) hit a 2 month low. The People's...
PBOC is expected to set the USD/CNY reference rate at 7.1972 – 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’s 3 December inflation measures all fell vs. November, but all are still above 2%
These reflect a similar outcome in the Tokyo are data for December:The Bank of Japan next meet on January 22 and 23 (Monday and Tuesday next week) and are expected to leave their major policy planks (YCC and negative short-term rates) unchanged.Inflation has been well...
Gravity of $2000 Amidst Interest Rate Dynamics and Geopolitical Tensions
Gold came under pressure, owing to the US dollar’s strengthening and sustained Treasury Yields, which led to losses down to a one-month low of $2,001.72 per ounce. The recent surge in the value of the dollar, triggered by hawkish statements from the Federal...
NY Fed report on rising early delinquencies in auto and credit card debt
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 shares: fears mounting of another crackdown slump – “We’ve seen this picture before”
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 forecasts Bank of England to cut rates in August 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,...
RBC’s bull case forecast for 2024 year end S&P 500 is 5300
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,...