US inflation data is due on Tuesday. While the December Federal Open Market Committee (FOMC) meeting is expected to be an on-hold decision any blowout in headline and/or core above maximum estimates (see below) will spark speculation that the meeting could shift to...
PBOC sets USD/ CNY central rate at 7.1768 (vs. estimate at 7.2885)
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,...
[속보] 전국민 누구나~핸드폰 있다면..숨겨진 꽁돈 17조원 ‘바로 입금’! 이렇게 당장 받으세요!!]#3.1경제독립tv
https://www.youtube.com/watch?v=aKo8yehO_aE [속보] 전국민 누구나~핸드폰 있다면..숨겨진 꽁돈 17조원 '바로 입금'! 이렇게 당장 받으세요!!]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정"...
Japan Finance Minister Suzuki with some verbal intervention to prop up the yen
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 October Business Confidence -2 (vs. prior 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,...
Goldman Sachs say energy and gold potential effective hedges against geopolitical risks
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 7.2885 – 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...
JP Morgan warns that bond yields above 5% could cause equities to struggle (Ya think?)
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 monthly consumer confidence -2.6% to 79.9 (prior +2.9%)
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 Retail Sales report preview: a ‘tepid’ result is expected
Traders are awaiting the US CPI data data later today. I'll have more to come on this separately.But, don't forget that on the following day we'll get key retail sales data also. Bank of America do not have a bright outlook for this data point, saying their in-house...
Australian consumer confidence plummets to a 4-month low as the RBA raises cash rate
The ANZ - Roy Morgan consumer confidence survey is conducted weekly. Comes in this week at a horrid 74.3, down 3.5 points from last week's 77.874.3 is the lowest in four monthsLast week saw the Reserve Bank of Australia raise its cash rate yet again after four months...
Boosting wages: Chatter about of Japan tax breaks for companies driving inflation battle
Japan's government is considering tax breaks for firms that grant 8% wage increases.That's the chatter doing the rounds, fuelled by a report in Japanese media (Yomiuri).The Japanese government want to incentivise pay increases as part of the battle to lock in...
China’s October financing data: Mixed results (ICYMI)
China published financing data for October on Monday, it was a bit of a mixed result. Justin had the data here:New yuan loans in October came in at 738.4bn CNYbeating the expected 665bn, and well down from September's 2310bnTotal (aggregate) Social Financing came in...
Forexlive Americas FX news wrap 13 Nov: Quiet Monday trade ahead of US CPI tomorrow
A fairly quiet Monday trading day in the forex with the major currency pairs all with trading ranges below the 22 day average. The USDJPY was the biggest mover, thanks to a sharp fall midday after the pair got within a few pips of the 32-year high at 151.93 (the high...
Central banks in NZ and Australia expected to cut rates from Q4 2024 says Goldman Sachs
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,...
New Zealand food prices drop 0.9% in October 2023, impacting Inflation
New Zealand Food Price Index (FPI) fell 0.9% m/m in October 2023prior -0.4%for the y/y +7.1% Food prices make up nearly 19% of the NZ consumer price index, and thus the FPI is an important indicator of inflation in the country.---The Index is a measure of the changes...
USD/JPY plunges on Monday US time, speculation surrounds Bank of Japan intervention
Its going to be an interesting session in Asia and I'll be on the edge of my seat until I hear Japanese officials say they have no comment on the sharp drop for USD/JPY overnight. If you missed it you can check it out on the free ForexLive chart, here's a 1 minute...
A mixed Monday for the major stock indices. US CPI data to be released tomorrow.
It is a mixed Monday for the major stock indices ahead of the important US CPI data tomorrow at 8:30 AM. The headline CPI number is expected to rise by 0.1% with the core expected to rise by 0.3%. The YoY is expected to fall to 3.3% from 3.7% (YoY effects) while the...
Asian Economic Calendar: Key Events and Consensus Expectations for 14 November 2023
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 – Tuesday, 14 November 2023
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,...