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...
Singapore’s central bank leaves monetary policy unchanged for a third straight time
Monetary Authority of Singapore policy statement: Will maintain the prevailing rate of appreciation of the S$NEER policy bandThere will be no change to its width and the level at which policy band is centredMore:Barring any further global shocks, the Singapore economy...
Reports that US military preparing to retaliate against drone attack in Jordan
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,...
Gold has jumped higher alongside oil as Mid-East turmoil escalates
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 futures open higher after a weekend of Middle East escalation
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 China tightens short selling restrictions – bans lending of restricted shares
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,...
Weekend China news – reports of further short selling restrictions to be imposed 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,...
Federal Reserve’s FOMC meet this week, Goldman Sachs expect on hold, with a cut in March
The Federal Open Market Committee (FOMC) statement is due at 1400 US Eastern time on Wednesday, January 31The consensus is for the Committee to leave the Fed Funds rate on hold at 5.25-5.50%The consensus is also for the first rate cut to come in Q2, although late in...
New Zealand data: December trade balance shrinks to a much smaller deficit
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,...
Economic calendar in Asia – Singapore policy statement features on Monday, 29 January 2024
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, 29 January, 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 – 29 January 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,...
Markets Week Ahead: Fed and BoE Decisions, US Jobs Data, Microsoft, Apple, Amazon Report
Markets Week Ahead: Fed and BoE Decisions, US Jobs Data, Microsoft, Apple, Amazon ReportThe last week of January is traditionally very busy and this year is no different. The economic calendar is packed full of market-moving events including the latest Federal Reserve...
Three US soldiers killed, many injured in drone attack in Jordan
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,...
Trump floated possibility of 60% tariffs on Chinese goods – report
The Washington Post's Jeff Stein reports -- citing three people familiar -- that Trump has floated 10-60% tariffs on all Chinese goods if he's elected President.I don't take these reports as anything serious as Trump already had the opportunity to put tariffs on China...
ECB’s Knot: We now have a credible prospect of 2% inflation in 2025
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,...
Weekly Market Outlook (29-02 February)
UPCOMING EVENTS:Tuesday: Japan Unemployment Rate, Eurozone Q4 GDP, US Job Openings, US Consumer Confidence.Wednesday: BoJ Summary of Opinions, Japan Industrial Production and Retail Sales, Australia CPI, Chinese PMIs, Switzerland Retail Sales, UST Quarterly Refunding...
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