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 inflation expectations Q1 2024: 2 year at 2.5% (2.76% prior)
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,...
US military reported that Houthi militants launched two missiles from Yemen
US military reported that Houthi militants launched two missiles from Yemen towards the ship Star Iris in the Bab al-Mandebthe ship was seaworthy despite minor damage, and there were no injuries reported among the crewMore from US military statement:Both missiles were...
JP Morgan says China is not un-investable
John Bilton, head of global multi-asset strategy at JPMorgan Asset Management spoke with CNBC.He said not dismiss China as an investment:“I don’t think you can treat the world’s second-largest economy as either an alternative investment or un-investable, that would be...
Franklin Templeton is the latest company to file for a spot ether ETF
Franklin was one of nearly a dozen firms to launch a bitcoin ETF back in January following the U.S. Securities and Exchange Commission (SEC) begrudging green light to issuers. BTC subsequently dropped in price but has more than recovered in its most recent surge. On...
US CPI data release: will declines be enough to reassure the Fed?
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 January Business Confidence -1 (prior 0)
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,...
US CPI data due Tuesday: here are the ranges of estimates (and why its crucial to know)
Later today, Tuesday 13 February 2024, we get the US consumer inflation data:Taking a look at the range of expectations compared to the median consensus (the 'expected' in the screenshot above) for the key data points: January CPI Headline y/y, expected 2.9% with the...
US Dollar on Tenterhooks ahead of US CPI; Setups on Gold, USD/JPY & GBP/USD
MARKET FORECAST – GOLD PRICES, USD/JPY, GBP/USDThe U.S. dollar moves without directional conviction on Monday ahead of U.S. CPI dataThe January U.S. inflation report will steal the market’s attention on TuesdayThis article focuses on the technical outlook for gold...
Nomura bearish USD/JPY, expects potential BOJ policy shifts, verbal interventions
This summary is via the folks at eFX. For bank trade ideas, check out eFX Plus. ***Nomura discusses the dynamics influencing USD/JPY, focusing on recent remarks by BOJ Deputy Governor Uchida which did not significantly shift expectations for a March NIRP (Negative...
Japan PPI January 0.0% m/m (expected +0.1%)
Producer inflation data from the Bank of Japan. +0.0% m/m, coming up below expected and below the December result. To the extent that this feeds into consumer prices its not a sign of imminent BOJ tightening.expected 0.1%prior +0.3%+0.2% y/yexpected 0.1%prior...
Australian monthly consumer confidence +6.2% m/m (prior -1.3%)
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,...
Federal Reserve ‘insider’ on what to expect for the US CPI data due Tuesday
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,...
Uh-oh. Goldman Sachs says the “equity options market is pricing almost no panic”
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 consumer confidence comes in at 82.6 vs previous week’s 84.8
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,...
EU proposes new trade restrictions on some Chinese firms for aiding Russia’s war
The European Union is considering implementing trade barriers against roughly 24 companies. This includes three from China. The curbs would be levied for alleged assistance in Russia's military actions in Ukraine. Should these measures be accepted, it would mark the...
Asian market holidays today update – who’s in and who’s out
Its going to be patchy the whole week in the Asia timezone. As a reminder, Chinese markets will be closed all week for the Lunar New Year holiday. For today, Tuesday, 13 February 2024:Hong Kong markets are closed. Coming back from a long weekend Monday holiday today...
RBA Kohler: Australian inflation is coming down but its still too high
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: A winding path to nowhere
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,...
More on UBS call for a higher ‘Goldilocks market’ S&P 500 – on track to 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,...