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 speakers today include Schnabel (twice), Cipollone and de Cos
06:00 Virtual participation by ECB board member Piero Cipollone in Executive Committee meeting of the Italian Banking Association (ABI)09:00 European Central Bank policymakers Piero Cipollone and Pablo Hernandez de Cos speak at the IIF Global Outlook Forum10:00 ECB...
RBNZ’s own inflation measure for Q1 2024 is +4.3% y/y (vs. prior +4.7%)
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,...
HSBC Brent crude oil forecasts remain at $82.5 per barrel for 2024, $76.50 for 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,...
Deutsche Bank hiked their forecast for gold as high as $2,600
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 England Governor Bailey, along with MPC members Greene and Haskel speak today
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 central rate at 7.1025 (vs. estimate at 7.2404)
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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Singapore Non-oil Domestic Exports (NODX) (March) -8.4% m/m (expected +4.5%)
A big miss for Singapore exports in March 2024-8.4% m/mexpected +4.5%-20.7% y/y expected -7.0%SGD update, its been hit by the super-strength USD along so many other currencies:--Singapore Non-oil Domestic Exports (NODX) measures the value of goods exported from...
PBOC is expected to set the USD/CNY reference rate at 7.2404 – 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...
Japan March exports +7.3% y/y (expected +7.0%)
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,...
Bank of Korea Gov Rhee says ready to deploy measures to counter excessive FX moves
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,...
South Korea & Japan have both expressed serious concerns on their depreciating currencies
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 CPI response: ASB forecast first RBNZ rate cut in February 2025, from Nov 2024
ASB response to the data earlier:That post highlights very strong non-tradeable inflation. Services inflation also remains sticky high.The RBNZ are likely to continue to hold higher for longer, as indeed ASB expect. ***"Tradable" and "Non-tradable" inflation are terms...
US will impose new sanctions targeting Iran, including its missile and drone program
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,...
Reuters April Tankan: Manufacturer’s Index fell to +9, from +10 in March
Reuters April 2024 Tankan:Manufacturer's Index fell to +9, from +10 in MarchNon-Manufacturer's Index fell to 25, from +32 in MarchReuters report on the results highlights:dragged down by cost-of-living pressures and shaky economic conditions in major market Chinayen's...
New Zealand Q1 CPI comes in at +4.0% y/y (vs. 4.0% expected)
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,...
ICYMI – Deutsche Bank forecast 3 European Central Bank rate cuts in 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,...
New Zealand Q1 2024 CPI expected higher q/q than in final quarter of last year – preview
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,...
Have expectations for the FOMC swung too far away from rate cuts this year?
The following is (in brief) from Westpac, analysts there see challenges ahead for the US economy that could bring nearer-term rate cuts back to the table:The market response to the March US CPI report suggests participants continue to place a much higher weight on...