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 equity index futures have opened for the week’s trade with a gap higher
S&P 500 futures have opened with a small gap higher after a weekend with more encouraging news on China's economy and funding for the US government: This chart is from our charting app, which is free and can be found at this linkYou can check out the gap up for NQ...
Australia data – Final September Manufacturing PMI 48.7 (flash was 48.2, prior 49.6)
S&P Global/Judo Bank Australia Manufacturing Purchasing Managers' Index (PMI) for September 2023, the final reading has come in at sad-looking 48.7The key points made in the report:Output fell modestly amid marked reduction in new orders Staffing levels rose at...
New Zealand data – August Building Permits -6.7% m/m (prior -5.4%)
Data for building consents in NZ for August 2023, down 6.7% m/mprevious was -5.4%for the y/y -17%Commentary from the statistics folks in the NZ government:“This figure continues the downward trend from the peak of 51,015 in the year ended May 2022,” “However, the...
RBNZ policy meeting this week – “Shadow Board” recommend cash rate hold at 5.5%
The Reserve Bank of New Zealand meet on Wednesday 4 October (New Zealand time), the statement is due at 2 pm NZ time:0100 GMT2100 US Eastern time (on Tuesday, 3 October) From the NZIER Shadow Board, in very brief:Most Shadow Board members recommended the Reserve Bank...
WSJ says Ackman has indicted he’d be happy to take Twitter public – adds chances not great
The Wall Street Journal reported over the weekend on Bill Ackman's firm, Pershing Square, having received regulatory signoff Friday for a novel investment vehicle whose purpose is to invest in a privately held company and take it public.And adds:When asked by The Wall...
US government gets a 45 day funding reprieve
An update on US governance. The US Congress passed a last-minute stop gap bill to keep the government running for 45 days while disputing parties, and warring factions within them, try to hammer out a more enduring agreement. The House passed the band-aid spending...
Economic calendar in Asia Monday, 2 October 2023 – Bank of Japan opinions
Bank of Japan 'Summary of Opinions' of the September meeting is the calendar highlight. The "Summary of Opinions" provides a concise summary of the views expressed by Policy Board members during the meeting. It does not attribute opinions to individual members but...
Reminder for traders of AUD – Australian time change, and today is a partial holiday
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 spoke over the weekend – said “still a distance to go” to exit loose policy
Bank of Japan Governor Ueda spoke on Saturday at the annual meting of the Japan Society of Monetary Economics. He said that there was "still a distance to go" before the BOJ exits its ultraloose monetary policy.Ueda addressed that have been expressed that the BOJ's...
China September PMIs – all 4 in expansion now
China is on holiday all of this week but managed to publish the September PMIs over the weekend.The official PMIs from the National Bureau of Statistics (NBS), for manufacturing and non-manufacturing:both improved from August, both beat expectations, both are now in...
Trade ideas thread – Monday, 2 October 2023
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,...
Monday morning open levels – indicative forex prices – 02 October 2023
Good morning/afternoon/evening and welcome to the new forex month and week.On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online.Prices are liable to swing around on not too much at all, so take care out...
October forex seasonals: No help for bonds but the mood tends to improve
Before we get into October, let's take a look back at how the seasonals did in September. At the end of August, I highlighted some trends in the month, including weakness in the S&P 500 and MSCI world index. Ultimately, both stuck to the seasonal script.Another...
Weekly Market Outlook (02-06 October)
UPCOMING EVENTS:Monday: BoJ Summary of Opinions, Swiss Retail Sales, Eurozone Unemployment Rate, US ISM Manufacturing PMI.Tuesday: RBA Policy Decision, Swiss CPI, US Job Openings.Wednesday: RBNZ Policy Decision, Eurozone Retail Sales, Eurozone PPI, US ADP, US ISM...
10월부터 건강보험, 병원비 5가지 달라집니다!
https://www.youtube.com/watch?v=_gSQo-D8fm0 거의 대부분 국민이 가입된 건강보험! 건강보험제도가 변경됩니다. 앞으로 달라지는 건강보험 제도 5가지를 소개해 드립니다. #건강보험 #병원비 #의료보험 MoneyMaker FX EA Trading...
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https://www.youtube.com/watch?v=pQow4Hnn1DE [1인당 연간 34만원 혜택!! 할인 카드 난리났다!! 신청방법, 출시 일정은??]#3.1경제독립tv 나에게 힘이되는 "돈되는 복지정보"!! 최신 "재테크 소식"을 가장 빠르고, 정확하게 받고 싶다면 3.1경제독립tv" "좋아요", "구독", "알림설정" 부탁드리겠습니다! 감사합니다 ^_^~...
China PMIs narrowly top expectations
China manufacturing PMIManufacturing PMI 50.2 vs 50.0 (prior 49.7)Non-manufacturing PMI 51.7 vs 51.5 expected (prior 51.0)The official manufacturing PMI is the important one and it rose above 50 for the first time since March 2023. That line signals...
What technical levels are in play for major currency pairs going into the new trading week
> Technical Analysis > What technical levels are in play for major currency pairs going into the new trading week Technical Analysis Technical levels in play for the week starting October 2, 2023 <!--> --> <!--> -->...
Crude Oil Q4 Technical Forecast: How High Can it Go?
Q3 produced roughly $20 of price appreciation for both Brent crude and WTI but the upside may not end there. If fundamentals align to create demand while supply stays tight, $100 a barrel is not off the table. Trade Smarter - Sign up for the DailyFX Newsletter Receive...