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South Korean Opposition Leader Lee Jae-myung was meeting with reporters in the port city of Busan.He was attacked and fell to the ground.The attack was focused on his neck.Lee was bleeding as he fell. The assailant has been apprehended and arrested.Update - Lee has...
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,...
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,...
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...
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,...
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,...
Later today we get the latest manufacturing PMI from China, the Caixin/S&P Global Manufacturing PMI for December 2023:due at 0145 GMT, which is 2045 US Eastern timeexpected 50.4, prior 50.7Over the weekend the Chinese government official PMIs, from the National...
Chairman of the Chinese Communist Party Xi Jinping spoke in a televised address to mark the incoming new year. He made vague comments about supporting the economy:China will "consolidate and enhance the positive trend of economic recovery, and achieve stable and...
2024 is going to be a year of huge change for the Reserve Bank of Australia. The number of meetings have been cut from 11 a year to 8 (Fibonacci folks take note!).There will also be a new policy to have Reserve Bank of Australia Governor Bullock hold a press...
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,...
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,...
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,...
Today brings the privately-surveyed manufacturing PMI from China for December, Caixin/S&P Global.Over the weekend we had the official PMIs for December, manufacturing was a disappointment:The official PMI survey covers large and state-owned companies, while the...
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,...
Happy New Year to everyone! FX markets will get underway for 2024 in Asia today. While it's a public holiday in New Zealand, Australia, Japan, Singapore and Hong Kong (the major FX centres here in Asi) will be open. As will China. Market liquidity is very thin. It...
This is how you celebrate after a 55% gain in the NasdaqHappy 2024.As I look out to the year ahead, there's only one question on my mind. I think it's the only one that matters for 2024 and beyond:Will we return to the 2010s regime of low inflation and low...
How long will the U.S. dollar’s downward correction last? Get all the answers in our first-quarter forecast! Recommended by Diego Colman Get Your Free USD Forecast Get My Guide US Treasury yields plummeted in the last three months of 2023 on expectations that the...
The strongest to the weakest of the major currencies (2023)As 2023, comes to an end, the CHF is ending the day as the strongest of the major currencies while the JPY is the weakest. The CHF benefitted from flight to safety flows on the US banking crisis and global...
Western Japan was hit by a 7.6 magnitude earthquake that led to a 1.2 meter tsunami.Japanese TV has shown fires in Wajima city and there are reports of numerous injuries and stuck in collapsed buildings. The event is a reminder of the magnitude 9 earthquake that led...
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,...