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 Lane says it takes time for monetary easing to have an impact
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,...
Standard Chartered warns of a drop to around $80K for Bitcoin if support breaks
Standard Chartered warn that a 'clean break' of US$90,000 could trigger a wave of ETF unwinds and a drop to the low $80K level:spot bitcoin ETF purchases since the U.S. election are now only breaking evendigital assets have been caught up in a macro-driven sell-off...
US December CPI data due Wednesday, ranges of estimates (& why they’re crucial to know)
Later today, Wednesday, 15 December, we get the US consumer inflation data for November 2024 due at 1330 GMT which is 0830 US Eastern timeEarlier posts:The PPI was out on Tuesday:This snapshot from the ForexLive economic data calendar, access it here.Taking a look at...
Bank of England speakers coming up – Taylor on inflation and economic outlook
Taylor's looks to be the most interesting for traders:1600 GMT / 1100 US Eastern time Bank of England Executive Director, Financial Stability Strategy and Risk, Nathanael Benjamin will give speech at TheCityUK ‘The future of stress testing’1630 GMT / 1130 US Eastern...
South Korean impeached President Yoon has been arrested
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,...
Goldman Sachs headline and core US December CPI forecasts
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 injects 959bn yuan in open market operations (offsetting maturing MLF)
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 7.1883 (vs. estimate at 7.3240)
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 system that allows the value of the yuan to fluctuate within a certain...
Citi expect the Reserve Bank of Australia on hold in February, first hike in May
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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UBS forecasts EUR/USD to 1 by March, but then recovering to 1.06
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,...
Goldman Sachs’ three reasons to expect GBP stabilisation and recovery
Goldman Sachs analysts suggest the British Pound can stabilize despite recent declines, although risks remain:GBP is "down but not out" The background to GS' views are the recent sharp weakness in the pound:investor concerns about UK debt market dynamics, with bond...
PBOC is expected to set the USD/CNY reference rate at 7.3240 – 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...
Barclays forecasting the Bank of Japan to remain on hold in January, rate hike in March
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’s secret weapon likely to propel the stock in 2025
Dow Jones / Market Watch carry an opinion piece (may be gated) arguing that NVDA's strength in data centre GPUs, networking, services, and emerging products fortify the firm's competitive ‘moat’:In brief:Dominance in AI and GPUs:Nvidia's data-center segment saw record...
Reuters Tankan: Manufacturers sentiment index +2 in January (prior was -1)
Manufacturers sentiment index +2 in January -1 in December Index for non-manufacturers' mood to +31was +30 in December Both manufacturers, non-manufacturers see no change in April***Japanese manufacturers' sentiment improved in January, rising to +2 from December’s...
South Korea December unemployment rate surges to 3.7% (from 2.7% in November)
South Korea's unemployment rate rose sharply to 3.7% in December, the highest in 3.5 years, amid heightened economic uncertainty and political turmoil. This marked a significant increase from 2.7% in November. The number of employed people decreased by 52,000...
Former Japan MoF official says Trump and Japan can work together to send USD/JPY lower
Tatsuo Yamasaki is a former Japanese vice minister of finance for international affairs.He spoke with Japanese media, Nikkei, saying Trump would do well to cooperate with Tokyo on weakening the overly strong dollar.USD/JPY non-responsive: ***Yamasaki is a former...
Trump is preparing executive orders aimed at boosting American fossil fuels
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,...