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,...
BOJ Gov Ueda: Won’t necessarily wait for for positive real wages to exit YCC, neg 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,...
Moody’s affirms Japan’s A1 rating, and maintains a stable 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,...
RBNZ’s survey of inflation expectations: 1yrs at 3.6%, 2yrs at 2.76%
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 PBOC Gov: Will resolutely guard against overshooting risks of yuan exchange rate
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,...
BOJ Gov Ueda says its important to raise labour productivity to push real wages up
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 Gov says will keep monetary policy prudent, support stable growth for real economy
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,...
HSBC are forecasting a 15% gain for global equities 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,...
PBOC sets USD/ CNY mid-point today at 7.1773 (vs. estimate at 7.2839)
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...
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BOJ Ueda says YCC policy side effect risk is of greater market, including FX, volatility
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,...
ICYMI – ECB’s Stournaras said Bank could cut rates if CPI drops under 3% by August 2024
Yannis Stournaras is the Governor of the Bank of Greece and thus a member of the European Central Bank Governing Council (monetary policy setting committee). Stournaras spoke on Tuesday at a at a ‘Kyklos Ideon’ conference. Stournaras mainly addressed issues of import...
National Australia Bank forecast a February 2024 RBA cash rate rise (& December is live)
National Australia Bank had been forecasting yesterday's RBA cash rate hike months in advance, well ahead of nearly all other analysts.In brief from the NAB on what they expect from the RBA ahead:We now expect another 25bp hike most likely in February after the Q4...
ICYMI: US could start reimposing oil-focused sanctions on Venezuela
You get a day of sharply slumping oil prices and this this hits the wires .... The US could start reimposing oil-focused sanctions on Venezuela if the country does not move toward commitments for free elections and release more political prisoners by 30 November, a US...
Japan (Reuters monthly) Tankan, Both manufacturing and services improve in November
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,...
Hedge fund inflows into US equities the largest since June
A couple of interesting items from a Bank of America note on Tuesday regarding equity flows last week. In brief:Hedge fund (largest inflow since June) and institutional clients were net buyersretail clients were net sellers for the first time since Septemberbuying...
Federal Reserve Chair Powell is speaking on Wednesday, 8 November 2023 (Williams too)
Federal Reserve Chair Jay Powell will be speaking today. His presentation is being billed as 'opening remarks' so they may not have too much for traders to chew on. Due at 1415 GMT, which is 0915 US Eastern time, Powell gives opening remarks before the Federal Reserve...
Oil – private survey of inventory shows large headline crude build
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.Via Twitter:I had seen a different number elsewhere for the distillates.ADDED - ok here we go, this looks closer to what I had seen:--Expectations I had...
Goldman Sachs on US election year seasonals – weaker than normal equity returns expected
A note from Goldman Sachs' portfolio strategy research team on what the seasonals show for the year ahead of a US Presdiential election:since 1932 the 12 months heading into an election has seen the S&P 500 averaging a 7% return vs. 95 in noon-election yearssince...
Forexlive Americas FX news wrap: US dollar climbs even as yields fall
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,...