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...
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USD/JPY above 147.80 after Tokyo inflation drops sharply in 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,...
Bank of Japan December meeting minutes: Agreed to patiently maintain easy policy
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 December Services PPI +2.4% y/y (expected 2.4%)
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Tokyo area CPI data for January +1.6% (prior 2.4%)
Two of the three measures have shunted back below the Bank of Japan 2% target. Tokyo headline for January 1.6% y/yexpected 2.0%, prior 2.4%CPI Excluding Fresh Food 1.6% y/y, the slowest for this measure since March 2022expected 1.9%, prior 2.1%CPI Excluding Fresh Food...
Goldman Sachs preview what to expect in the US inflation data due later
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 Dollar Forecast: Core PCE to Set Tone, Setups on EUR/USD, GBP/USD and Gold
Most Read: Gold Price Forecast - Core PCE Data to Guide Markets Ahead of Fed DecisionThe U.S. Bureau of Economic Analysis will release on Friday core personal consumption expenditures data, the Fed’s favorite inflation gauge. The strength or weakness of the report...
ICYMI: U.K. suspends trade negotiations with Canada
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UBS views on EUR, GBP, USD, CHF … they most prefer the Australian dollar
From UBS some snippets on EUR and the European Central Bank, and on other FX also:Most G10 currency pairings are now back in familiar ranges (e.g., EUR/USD between 1.0500 and 1.1000), where we expect them to remain in the coming months.Indeed, UBS is looking to sell...
JP Morgan on the European Central Bank – watch wages data
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Intel earnings and revenues beat but the guidance is a disppointment
Intel Corp (INTC) Q4 2023 Earnings:EPS: $0.63, Beat expectations of $0.45.Revenue: $15.4 billion, Beat expectations of $15.16 billion.Guidance for Q1:Adjusted EPS view: $0.13, below expectations of $0.34.Adjusted revenue view: $12.2 to $13.2 billion, below...
US Treasury Secretary Yellen: GDP report a good thing, won’t create inflationary challenge
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Stocks close with major indices higher. 6th day in a row higher for S&P and Nasdaq..
The major US stock indices are closing higher with the Dow 30 leading the way. The final numbers are showing:Dow industrial average rose 242.74 points or 0.64% at 38049.12S&P index was 25.63 points or 0.53% at 4894.17NASDAQ index was 28.57 points or 0.18% at...
Forexlive Americas FX news wrap: US GDP beats estimates, dollar climbs
Markets:Gold up $5 to $2017US 10-year yields down 5 bps to 4.12%WTI crude oil up $2.20 to $77.28S&P 500 up 0.4% CAD leads, CHF lagsThere was plenty to digest today with the ECB and US GDP report along with a handful of other releases. The picture in the US was...
Asian Economic Calendar: Key Events and Consensus Expectations for 26 January 2024
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Trade ideas thread – Friday, 26 January, insightful charts, technical analysis, ideas
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What does the US GDP report say about the consumer?
CIBC writes about today's GDP and the US consumer going forward. Personal consumption rose at a 2.8% annualized pace in the report, a deceleration from 3.1% in Q3 but still at a healthy clip, including an increase in services consumption to 2.4% from 2.2%.The slight...
Intel earnings after the close. What is expected .
Intel will report its earnings after the close. According to analysts:Expected Adjusted EPS: $0.45, a significant improvement from last year's Q4 earnings of $0.10 per share.Expected Revenue: $15.2 billion, higher than the $14 billion reported in the same quarter last...
What is on the after-hours US earnings calendar today
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