Economic Indicators & Central Banks: Asian stock markets were mixed with mainland Chinese stocks swinging between gains and losses on the eve of the Lunar New Year holidays, while Treasuries stabilized. China CPI tumbled to an -0.8% y/y pace in January, steeper...
Top Forex Brokers in South Africa in 2024
The role of forex brokers in South Africa has become increasingly pivotal in 2024. These companies, akin to their multi-asset counterparts in the broader financial landscape, play a crucial role in facilitating trading endeavors for a diverse range of traders. Whether...
USD/JPY retests highs for the year as dollar stands its ground
USD/JPY daily chartThe bond market has been more choppy this week but USD/JPY traders are not waiting around it seems. Buyers are eager to push their agenda, after having defended a drop near the 100-day moving average (red line) earlier this week. Now, we're seeing...
설 연휴 정부지원 혜택 7가지! 출발 전에 알아두세요~
https://www.youtube.com/watch?v=4OuHtldyUT4 정부 각 부처에서 설 연휴 동안 여러 가지 지원 정책들을 발표했는데요. 그중에서 대다수 국민들에게 해당하는 꼭 필요한 내용들 7가지만 골라서 소개해 드립니다. #정부지원 #설연휴지원정책 #할인쿠폰 #민생안정대책 #바우처 MoneyMaker FX EA Trading...
European equities fairly mixed to kick start the session
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,...
Red Sea threat has not peaked, says Maersk CEO
Clerc says that Maersk has suffered "serious attacks" in the Red Sea and that there is no clarity over the costs accumulated from said disruptions. Adding that he expects a continued shipping diversion from the Red Sea "for a while". As for Q4 earnings, the firm...
FX option expiries for 8 February 10am New York cut
There aren't any major expiries to take note of on the day. As such, trading sentiment will continue to be reliant on the action in the bond market and overall risk mood mostly. On the former, the push and pull this week is making it tough to gather much conviction....
BOJ’s Uchida: I won’t make any assessment on market perceptions of future rate path
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,...
Feeling the heat more than usual? You’re not the only one..
This makes it the eighth straight month in a row that is the warmest on record for the respective month of the year. January 2024 saw an average surface air temperature of 13.14°C, which was 0.70°C above the 1991-2020 average for January and 0.12°C above the...
BOJ’s Uchida: Future rate path depends on economic, price developments at the 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,...
Major currencies mostly little changed ahead of European trading
It is a week with a lot of waiting if you're an FX trader. There hasn't been much conviction overall, as broader markets seem to be waiting on the big data next week before acting up. The push and pull in the bond market hasn't helped whatsoever in that sense. So far...
ForexLive Asia-Pacific FX news wrap: USD/JPY pops on BOJ official dovish remarks
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,...
JP Morgan says the US won’t get to a 2% inflation rate unless there is a recession
Remarks from Michael Feroli, Chief U.S. Economist at J.P. Morgan on his US inflation outlook:Inflation has cooled significantly relative to earlier boomy highs from the past few years, but still remains above target. Weakening in core goods inflation has been an...
Federal Reserve Bank of Richmond President Thomas Barkin is 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,...
China is encouraging banks and local business vendors to accept foreign payment cards
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 Wunsch and Lane.
Coming up from the ECB today:1200 GMT / 0700 US Eastern time: European Central Bank governing council member Pierre Wunsch in 'fireside' chat with Bruegel think tankAt 1530 GMT / 1030 US Eastern time the fireside chats continue: Fireside-chat with ECB board member...
Mainland Chinese stock markets will be closed at the end of today, reopen February 18
The long holiday begins on Friday, 9 February 2024 in China:mainland Chinese stock markets are close on Fridayreopen on Monday, February 18Hong Kong's stock exchange is closed February 12 and 13.Singapore will be closed on Monday February 13.--Chinese stocks have...
Bank of England Monetary Policy Committee member’s Dhingra and Mann speaking 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,...
AUD traders heads up – Reserve Bank of Australia Governor Bullock to speak in Parliament
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,...
Data from China today confirmed higher interest rates in January. Here’s how.
Here we go, as I said earlier:In December 2023 Chinese loan Prime rates were 3.45% for the one-year and 4.20% for the five-year:the y/y inflation rate -0.3%In January 2024 Chinese loan Prime rates were unchanged, still at 3.45% for the one-year and 4.20% for the...