BoE's Pill: UK monetary policy must stay tight to lower inflation(Reuters) - Bank of England Chief Economist Huw Pill said on Thursday that the central bank needed to maintain a restrictive stance for monetary policy, as embodied in the BoE's latest forecasts, in...
Bank of Japan governor warns unwinding ultra-loose policy is ‘serious challenge’
Bank of Japan governor warns unwinding ultra-loose policy is ‘serious challenge’FULL STORY via FTThe Bank of Japan will proceed carefully with raising interest rates to avoid bond market volatility and any adverse impact on financial institutions, its governor has...
Hapag Lloyd has cancelled services to control costs
Hapag Lloyd has cancelled services to control costs -CEOFULL STORYThe chief executive of Hapag-Lloyd, the world's number five container line, on Thursday said the company has cut services on key global routes in order to rein in costs amid a decline in freight rates...
ECB still sees inflation risks so rate cut talk too early – vice president
ECB still sees inflation risks so rate cut talk too early - vice presidentFULL STORYIt is premature to discuss European Central Bank rate cuts as there are still some risks to the inflation outlook, particularly for underlying prices, ECB Vice President Luis de...
China asks brokerages to curb leveraged stock trades
China asks brokerages to curb leveraged stock tradesFULL STORYChina's securities watchdog is asking brokerages to restrict leverage available to hedge funds that borrow large sums of money via a complex derivative business to trade stocks, three sources told Reuters....
Disney’s Q4 Earnings Report: Revenue Soars, Disney+ Skyrockets, Parks Thrive!
Hey Disney fans and traders on the go! 🎢🎬 Let’s dive into the quick takeaways from The Walt Disney Company’s latest earnings report for Q4 and the full fiscal year 2023:🌟 Revenue is up, folks! Q4 saw a 5% increase, while the full year jumped by 7% compared to last...
Risk sentiment is mostly mixed as we move towards the European open. via @ArnoVenter9
A handy look at this morning's Risk Environment by the awesome @ArnoVenter9(recommend checking out his Discord)--------------Risk sentiment is mostly mixed as we move towards the European open.Equity futures across APAC, EMEA and NA have traded in very tight...
China’s consumer prices back in decline as recovery wobbles
China's consumer prices back in decline as recovery wobblesFULL STORYChina's consumer prices swung lower in October, as key gauges of domestic demand pointed to weakness not seen since the pandemic, while factory-gate deflation deepened, casting doubts over the...
SoftBank books another quarterly loss, as investment hits offset Arm
SoftBank books another quarterly loss, as investment hits offset ArmFULL STORYIts Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billion yen profit three months earlier. The net loss at...
Federal Reserve speakers today include Powell, Boxtic, Barkin, O’Neill
Times listed are GMT / US Eastern time:1430 / 0930 Federal Reserve Bank of Atlanta President Raphael Bostic participates in fireside chat on the importance of surveys and how the survey data informs the economic outlook and policy views before the Central Bank...
FX option expiries for Thursday, 9 November at the 10am New York cut
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,...
The two factors helping the Federal Reserve cruise to a soft landing for the US economy
Bank of Montreal have previewed next week's US CPI data, due on Tuesday November 14 at 1330 GMT (0830 US Eastern time): This snapshot from the ForexLive economic data calendar, access it here. The numbers in the right-most column are the 'prior' (previous...
Bitcoin has moved higher again today – ETF excitement cited
The price of crypto has been underpinned in recent weeks by the expectation that approval for Bitcoin exchange traded fund (ETF) applications by the US Securities and Exchange Commission is imminent. Or at least in the days and weeks ahead. Analysts are speculating...
Bank of Japan Governor Ueda says when CPI sustainably hits 2% wages likely to be rising
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,...
ECB chief economist Philip Lane speaking again today, President Lagarde appearing also
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,...
ForexLive Asia-Pacific FX news wrap: China deflation persists, oil price small bounce
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,...
BOE Chief Economist Pill speaking agian 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,...
Swiss National Bank’s Schlegel and Moser are speaking on Thursday
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 will speak soon
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,...
Senior Deputy Governor of the Bank of Canada Carolyn Rogers will be speaking on Thursday
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,...