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,...
BDSwiss Soars in 2023, Eyes New Heights in 2024
The prominent CFD broker BDSwiss had a remarkable 2023, characterised by industry recognition for its optimal trading conditions offered to its clients and exceptional IB and affiliate relationships. In Asia, the company's unwavering commitment to its partners was...
European equities mostly little changed to start the day
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 de Guindos: We will cut interest rates when we are sure of meeting 2% inflation goal
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,...
UK public inflation expectations declined in November and December last year
In October, UK public inflation expectations for the 12 months ahead were at 4.2% but that fell to 3.9% in November and then to 3.5% in December last year. The declining trend is a positive takeaway at least but there is a risk of price pressures becoming more...
FX option expiries for 29 January 10am New York cut
There aren't any major expiries to take note of on the day. As such, trading sentiment will rely more on action in the bond market and overall risk mood to start the week. Treasury yields are slightly lower so far, so that could impact the dollar slightly as we look...
Major currencies little changed on the day, pre-FOMC lull kicking in?
The main story over the weekend was more on the geopolitical front and that is seeing some moves in the commodities. As for FX, things are looking like a bit of a dud as perhaps the pre-FOMC lull is kicking in. Here's a snapshot of dollar pairs so far today:It's a...
Welcome to Fed week
It's time to spin the wheel again in trading this week. All eyes are on the Fed to see what message will they deliver to markets about their future policy outlook. An eventual pivot seems imminent but will policymakers start hinting at that as early as this week? Or...
ForexLive Asia-Pacific FX news wrap: Mid-East tensions jump higher again
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,...
Oil has fallen back from its gap higher at Monday’s open – has the supply dynamic changed?
Oil opened with a gap up in Sunday evening (US time) futures trade:Escalation in the Middle East centred on two recent items:Late last week a Trafigura-operated fuel tanker was hit by terrorist missiles.Over the weekend three US servicemen were killed in an...
Chinese authorities urgency to prop up the stock market should support AUD
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,...
Confirmed – A HK court has ordered the liquidation of China Evergrande Group
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,...
European Central Bank vice-president Luis de Guindos is speaking on Monday, 29 January
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,...
Breaking Down Apple’s Q1 2024: Navigating Headwinds, Innovating for Growth
Apple, Inc., an American multinational technology company specializing in the design, manufacture, and sale of smartphones (iPhone), personal computers (Mac), tablets (iPad), wearables and accessories (Apple Watch, Airpods, Apple Beats), TVs (Apple TV) and other...
China plans to incorporate 3 of its big managers of bad debts into sovereign wealth fund
China's official Xinhua News Agency reported Sunday that the country plans to merge three of its biggest state-owned managers of bad debts into China Investment Corp. (CIC).China Cinda Asset Management Co., China Orient Asset Management Co.China Great Wall Asset...
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PBOC sets USD/ CNY reference rate for today at 7.1097 (vs. estimate at 7.1785)
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,...
China property developer Evergrande faces imminent liquidation
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 Nomura forecasting 100bp of FOMC rate cuts this year – end QT also
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 7.1785 – 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...