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 January Services PMI 53.1 (prior 51.5)
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 data – January imports and exports both higher than in December
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 is expected to set the USD/CNY reference rate at 7.2088 – 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...
Australia: Melbourne Institute January headline inflation gauge +0.3% m/m (prior +1.0%)
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,...
Fed head Powell: A March Federal Open Market Committee (FOMC) rate cut is unlikely
Federal Reserve Chair Powell: With economy strong, we feel we can approach rate cut timing question carefullyConfidence is rising, but want more confidence before taking 'very important step' of starting rate cutsMaking good progress on inflationCould move sooner if...
Weekend – China pledged to stabilise markets but policymakers offered no specifics
The headline has been used a bazillion times in the this plunge for Chinese stocks. Stocks were slammed to a new low (for this cycle, and for 5 years) for the Shanghai Composite on Friday. CSI300, ditto, this index has hit a record sixth straight month of lossesOver...
Governor declares state of emergency in Southern California counties due to storm
Its not every day a state of emergency is declared in California. A state of emergency was issued Sunday by Governor Gavin Newsom's office for Southern California counties in the path of a powerful storm. "This is a serious storm with dangerous and potentially...
Heads up for Federal Reserve Chair Powell speaking soon, during the Asian day session
I've posted alerts on Fed Chair Powell to speak today back on Thursday and over the weekend. But, if you've managed to dodge the news, repeating what I posted earlier: Powell recorded an interview on Thursday with US TV show 60 minutes. He was questioned on inflation...
Morgan Stanley expects US equity prices to become choppy, citing ‘late-cycle environment’
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,...
Australia January Services PMI 49.1 (prior 47.1)
Final S&P Global / Judo Bank Services PMI for January 2024 is 49.1(prior 47.1)Composite 49.0prior 46.9We had the manufacturing PMI last week:Preliminary readings for the three are here.Commentary from the report on employment and inflation:“Resilience in labour...
Trump once again confirmed he would impose 60% tariffs on Chinese imports, or higher
If you have your eye on a nice new laptop or whatever, keep an eye on Trump's threats to jack prices higher. Trump has already said he's place a 60% tariff on imports from China:Over the weekend he spoke in an interview, on Fox’s “Sunday Morning Futures.”confirmed he...
Economic calendar in Asia 05 February 2024 – Federal Reserve Chair Powell speaking
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,...
Trade ideas thread – Monday, 5 February, 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,...
Monday morning open levels – indicative forex prices – 05 February 2024
Good morning/afternoon/evening and welcome to the new forex week - On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online.Prices are liable to swing around on not too much at all, so take care out there.Indicative rates,...
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https://www.youtube.com/watch?v=l8fuxNsHGbQ [뱃살도 빼고 지원금도 받아요. 월8만원 3개월지급!]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정" 부탁드리겠습니다! 감사합니다 ^_^~ [3.1경제독립 tv 채널 가입안내]...
Hamas set to reject Gaza ceasefire deal proposed in Paris – report
If you'll remember back to Friday, a report from Al Jazeera said Palestine had accepted the proposal. That was later changed to that Hamas had accepted the proposal warmly but hadn't evaluated it.In any case, the bottom fell out of oil on Friday on the reports.You...
Markets Week Ahead: S&P 500, Dow Hit Fresh Highs, Gold Fades, US Dollar Rallies
Markets Week Ahead: S&P 500, Dow Hits Fresh Highs, Gold Fades, US Dollar RalliesFed Holds Steady, Ditches Tightening Bias, Gold and US Dollar on the MoveFed chair Jerome Powell pushed back against aggressive rate cut expectations again mid-week after the FOMC left...
Newsquawk Week Ahead: RBA, China inflation, US ISM services PMI, annual US CPI revisions
Week Ahead 5th-9th FebruaryMon: Japanese Jibun Final Composite/Services PMI (Jan), Chinese Caixin Final Services PMI (Jan), German TradeBalance (Dec), EZ/UK/US Final Composite/Services PMI (Jan), US ISM Services PMI (Jan)Tue: RBA Policy Announcement, EIA STEO, US...
Weekly Market Outlook (05-09 February)
UPCOMING EVENTS:Monday: China Caixin Services PMI, Eurozone PPI, Canada Services PMI, US ISM Services PMI.Tuesday: Japan Wage data, RBA Policy Decision, Eurozone Retail Sales, New Zealand Jobs data.Wednesday: Switzerland Unemployment Rate.Thursday: China Inflation...