Chinese Communist Party Chairman Xi Jinping met with Japanese Prime Minister Fumio Kishida.Kishida statements following the meeting, plenty of points of contention between the two: There are many areas of common interests as well as issues between Japan and ChinaWas...
ForexLive Asia-Pacific FX news wrap: BOJ Gov Ueda said will maintain easy policy
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 President Lagarde heads a long list of speakers due Friday
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,...
Australia scraps AUD 11.6bn of infrastructure projects amid worker shortages and inflation
ICYMI - Australia's Federal government has cancelled 50 infrastructure projects worth AUD11.6 bn following a review into infrastructure spending.Department of Infrastructure review recommended 82 projects be scrapped from federal funding, 36 should be rescoped and 156...
Bank of England Ramsden keynote address, Greene panel discus on monetary policy outlook
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 Deputy Finance Minister Akazawa promises JPY intervention if excess volatility
Japan's Deputy Finance Minister Akazawa: And Bank of Japan Governor Ueda weighs in further: Desirable for currencies to move stably reflecting fundamentalsEarlier this week we had an ex-Ministry of Finance guy saying the yen is trading in line with fundamentals:We've...
BOJ’s Ueda says the weak yen has positives and negatives
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 BOJ’s Ueda: BOJ does not have specific plan yet on how it will sell ETFs
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 reference rate for today at 7.1728 (vs. estimate at 7.2473)
The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading...
More from BOJ’s Ueda on conditions for ending YCC and negative rates
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,...
ANZ change their RBNZ forecast – do not expect further interest rate hikes
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,...
Navigating economic uncertainty: UBS Global Wealth Management’s insights for 2024
UBS Global Wealth Management’s outlook and advice for 2024, which will be “a new world”:will be defined by economic uncertainty and geopolitical instability, but also profound technological changeAnd will lead to three key conclusions:the strength of the US economy in...
Bank of Japan Governor Ueda says Japan’s economy is recovering moderately
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,...
Singapore non-oil domestic exports (NODX) +3.4% m/m in October (expected +1.5%)
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 7.2473 – 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...
ICYMI – Three Fed officials see case for ‘considerable Fed balance sheet decline’
Adam posted on the news on Thursday, in summary three officials of the Federal Reserve, Board Governors Cook, Kugler and Jefferson said "the size of the balance sheet could decline considerably further before reserves reach the level consistent with the ample reserves...
UK Chancellor plans to unlock billions from pension funds to drive economic growth
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,...
CHF traders heads up: Swiss National Bank Chair Thomas Jordan is speaking over the weekend
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 Barr concerned over risks of highly leveraged hedge fund trading in Treasury market
ICYMI - The Fed's Barr expressed concerns over the risks of highly leveraged trading by hedge funds in the Treasury market. In particular the "basis trade".His remarks in summary:“leverage can also increase risks to both market participants and to Treasury market...
Global equities expected to outperform fixed income in 2024: Barclays
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,...