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 analysts project Bitcoin/USD price will drop to $42,000 after halving
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’s January Unemployment Rate 2.4% (vs. expected 2.4%)
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JP Morgan says Wednesday (Feb 28) was the biggest day for net inflows to bitcoin ETFs
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Bank of America looking for a summer S&P 500 rally, eyeing towards 5,600
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,...
G20 says prospect of global economic soft landing has increased
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,...
Australian Manufacturing PMI for February stays in contraction at 47.8 (prior 50.1)
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 Americas FX news wrap 29 Feb: Core PCE not so scary. Nasdaq record high close.
The core PCE in the US was not so scary and that sent yields lower and the stocks higher. However, the USD is closing the day higher. US core PCE fell to 2.8% from 2.9%. The headline number declined to 2.4% from 2.6%. The three-month, six-month, and 12 year inflation...
RBNZ dep gov Hawkesby: policy is going to stay restrictive for some time yet
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Bank of Japan Governor Ueda says inflation is dropping back at a rapid pace
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NASDAQ index closes at an all-time record high. Highest close since November 2021
The NASDAQ index closed the day at a new all-time high closing level surpassing the November 2021 high close at 16057.44.. The S&P index closed just below its all-time high closing level at 5102.40 reached on February 23, 2024. All three indices have now made new...
Japan’s Kanda comments on the wires – on geopolitics, not on Japan monetary policy or yen
Japan's Finance Ministry's Vice Finance Minister for International Affairs Kanda. He is the guy who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan's 'top currency diplomat'.He's passing remarks on G20 discussions. He...
New Zealand January building permits -8.8% m/m (prior +3.7%)
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 01 March 2024 – China PMIs for February
New Zealand building permits will kick off the calendar. We've already had data from NZ this morning:Australia data follows, then from Japan. Reserve Bank of New Zealand is hitting the speaking circuit still. The focus for the session is on the official PMIs from...
Trade ideas thread – Friday, 1 March, 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,...
New Zealand consumer sentiment in January 94.5 (vs. 93.6 prior)
ANZ Consumer Confidence Index from New Zealand for January 2024 moves 1.0% higher (prior +0.5%)A reading above 100 shows optimism, while below that indicates pessimism. ANZ comments on the inflation expectations question on this survey: "Household inflation...
WSJ Timiraos: A couple of ways to look at inflation…
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Cleveland Fed Pres. Mester: There is a little more work for the Fed to do on inflation
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Crude oil futures settle at $78.26
Crude oilThe price of the WTI crude oil futures are settling at $78.26. That is down $0.28 or -0.36%.The high price today reached $79.24. The low price extended to $77.99. At the high, the price tested the January 26 high at $79.29. Yesterday the price extended above...