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,...
Hong Kong’s property market saw the most sales in a year
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,...
USD/JPY bounced back over 150.20 after old news saw it drop
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 politics – Nikki Haley wins the District of Columbia Republican primary
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,...
Bank of Japan Governor Ueda is speaking Tuesday, Japan time
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 7.1020 (vs. estimate at 7.1906)
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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Japanese media headline: Japan gov’t mulls declaring official end to deflation: sources
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 building approvals miss expectations, Q4 inventories slump
January building approvals (lower) and Q4 inventory and profits data:Company profits have surged, firms have taken advantage of the high inflation narrative to gouge. If you are the shareholder of a firm that hasn't reaped huge profits you'll be wanting to fire the...
China’s Economic Struggles Revealed: Two Sessions Insights
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 7.1906 – 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 Inflation for February -0.1% m/m (prior +0.3%)
Australia Melbourne Institute Inflation, a privately surveyed CPI measure.Results in those headlines to the post. The y/y is a 22 month low. The 3-month annualised rate is even more encouraging, it dropped to 1.2% in February from 1.5% in January. The core measure,...
Keep an eye on US politics on Monday – ruling on Trump insurrection expected
It looks like the US Supreme Court will issue its ruling on whether or not former US President Trump will be banned from running for President again. Colorado's Supreme Court said in December that Trump could not stand for election in the state because he had "engaged...
Japan data – Business capex for Q4 2023 is a huge beat
Japanese data for Q4 of 2023.Business Capex +16.4% y/yexpected +2.9%, prior +3.4%Company Profits +13.0% t/texpected +21.3%, prior +20.1%USD/JPY is little changed on the data. Right now the yen is all about what the Bank of Japan will do, or do not. Ueda is not...
Chinese state media warns against cryptocurrency as bitcoin rallies
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,...
Chinese media headline: “China’s top advisory body signals economy is its No 1 priority”
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,...
BoA raise their S&P 500 forecast for 2024 to 5,400, from 5,000 previously
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,...
Its a big week coming up from Federal Reserve Chair Powell – speaking twice: March 6 and 7
Federal Reserve Chair Powell is heading to Congress on Wednesday and Thursday to present one of his twice-a-year testimonies. First up will be his appearance before the House Financial Services Committee on March 7:at 10 am Washinton time (US Eastern time)1500 GMTThis...
New Zealand data: Q4 terms of trade drop from the previous quarter (export prices plummet)
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,...
Ahead of this weeks ECB meeting, Goldman Sachs says it expects a cut in June (from April)
Justin had this on Friday:Adding a little more now.Analysts at GS say that "Two consecutive upside surprises to the sequential core (inflation) pace in the January and February releases have lowered the odds of an earlier cut", and have thus shifted their forecast for...