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: Middle East escalation and a surging US dollar
Goldman Sachs project 25bp Federal Reserve March rate cut, followed by another 4 this yearChina's sovereign wealth fund says it will help with market stabilization in 2024SkyBridge's Scaramucci sees bitcoin over US$170,000 by 2025Japan's biggest business lobby...
Goldman Sachs project 25bp Federal Reserve March rate cut, followed by another 4 this year
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’s sovereign wealth fund says it will help with market stabilization 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,...
SkyBridge’s Scaramucci sees bitcoin over US$170,000 by 2025
Posting this as an ICYMI on a forecast for leading crypto Bitcoin from hedge fund SkyBridge's Anthony Scaramucci.He says that "If bitcoin's at $45,000 on the halving, where it roughly is right now, it'll be $170,000 by mid- to late 2025"."Wherever the price is on the...
Japan’s biggest business lobby Keidanren to call on its members to raise workers’ pay
Keidanren is a significant organisation in Japan with close links to Japan’s ruling Liberal-Democratic Party. It provides advice to the government on economic issues. Its calling on its members to raise workers' pay.Higher pay is what the Bank of Japan is watching for...
Federal Reserve Board Governor Christopher Waller speaks on Tuesday
Coming up at 1600 GMT on Tuesday, 16 January 2024which is 11 am US Eastern time Federal Reserve Board Governor Christopher Waller speaks on the economic outlook before the Brookings Institution. Waller tends towards the hawkish end of the spectrum, but is likely to...
Canada December CPI is due Tuesday, 16 January 2024 – 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,...
Chinese Communist Party authorities have told some investors not to sell stocks
The Financial Times with the report:Beijing Tells Some Investors Not To Sell As Chinese Stock Rout ResumesThe FT is gated, but the gist is that authorities in China have told some institutional investors to stop selling equities.Due, of course, to the rout in Chinese...
PBOC sets USD/ CNY central rate at 7.1134 (vs. estimate at 7.1783)
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,...
Escalation in the Middle East is boosting the US dollar
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,...
USD jumping higher in Asia trade
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 Andrew Bailey is speaking Tuesday
Bank of England Governor Bailey will be appearing in the parliament today, Tuesday, 16 January 2024. At 1500 GMT (which is 10 am US Eastern time) Bailey will be testifying before Economic Affairs Committee with his views on the economic and policy outlook. Top of the...
What the market is saying and what to watch out for in 2024 – video
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 7.1783 – 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...
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Japan PPI December: +0.3% m/m (vs. expected 0.0%, prior +0.2%)
Japan's PPI is also known as the Corporate Goods Price Index, For December 2023:+0.3% m/mexpected 0.0%prior +0.2%+0.0% y/yexpected -0.3%prior +0.3%---The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI)its a measure of the...
Australian January consumer confidence -1.3% m/m (prior +2.7%)
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,...
Oil futures have opened higher after Iran’s missile attacks into Iraq
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 to cut by 25bp in June, September, October and December 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,...