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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Australia’s leading index has risen to its highest since the middle of 2022
The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose to +0.30% in November from -0.39% in October.Leading Index growth...
Japan trade data for November shows both imports and exports fell
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,...
Fed’s Goolsbee cautions the market has gotten itself euphoric on likely Fed rate cuts
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 politics – Colorado Supreme Court disqualifies Trump from 2024 presidential ballot
The Colorado Supreme Court has ruled that holds that Trump is disqualified from holding the presidency.He has been banned from the State's 2024 election ballot. The Court 'stayed' its ruling from taking effect until January 4, “subject to further appellate...
Fund Managers anticipate economic soft landing in 2023, switching from cash to equities
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’s government is raising its assumptions for budget interest rates much higher
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,...
Asian Economic Calendar: Key Events for 20 December 2023 – PBOC interest rate decision due
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 – Wednesday, 20 December, insightful charts, technical analysis, ideas
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,...
Oil – private survey of inventory shows headline build vs. draw that was expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.--Expectations I had seen centred on:Headline crude -2.3mn barrelsDistillates +0.5 mn bblsGasoline +1.2 mn--This data point is from a...
Forexlive Americas FX news wrap: USD/JPY gives some back
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,...
More from Reserve Bank of New Zealand Governor Orr – “its complicated …”
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,...
Make it 9 days in a row for the Dow and the Nasdaq
Make it 9-days in a row for the Dow and the Nasdaq. The Dow closes at a new record high once again. The S&P index is only up 8 of 9 days, but is now within about 0.75% of an all-time high close. The final numbers are showing:Dow industrial average rose 251.90...
New Zealand December Consumer Confidence rises to 93.1 from 91.9 in November
ANZ New Zealand survey of consumer sentiment improves.The move higher for consumer confidence, although still below 100 and note pessimistic is not the only item of encouragement in the report. As part of the survey is a question about inflation expectations. These...
USDCAD falls to key support level, setting up potential battle
USDCAD runs to swing area between 1.3298 to 1.33203USDCAD is moving to a new low going back to early August. The fall takes the pair toward the swing area that was in play earlier this year. That area on the daily chart comes in between 1.3298 to 1.33203.In April and...
Video: What’s coming for markets 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,...
US weighs strikes on Houthis beyond defensive task force – report
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 Russell 2000 remains the chart to watch
Russell 2000 dailyThe Russell 2000 is the standout US equity performer today once again, up 1.8%, or 35 points. That leaves it just 12 points from the top of a series of highs over the past two years.This is such an interesting crossroads. Technically, it's stalled...
Gold Price Forecast: Bulls Seize Control on Growing Safe Haven Appeal, $2050 Up Next
GOLD (XAU/USD) PRICE FORECAST:MOST READ: AUD/USD Price Forecast: Channel Breakout to Keep Bulls in Control?Gold prices found its legs in the US session rising back above resistance at the $2040/oz level. A slightly stronger US Dollar kept Gold bulls at bay in the...