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Post US election relief rally for stocks is coming (Citi)
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,...
Wall Street Journal poll puts Trump ahead of Harris, 47 to 45
The Wall Street Journal reports its latest national survey, finding that Trump is leading Harris by 2 percentage points, 47% to 45%. The journal caveats with: within the polls’ margins of error, meaning that either candidate could actually be aheadI haven't seen many...
PBOC is expected to set the USD/CNY reference rate at 7.1087 – 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...
Japanese Inflation Data Impact on USD/JPY; BoJ Meeting 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 September PPI Services (Corporate Services Price Index) 2.6% y/y (expected 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,...
Tokyo area October inflation data: Headline 1.8% y/y (prior 2.2%)
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 election this weekend, LDP might lose out, need support from other parties to govern
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,...
UK October consumer confidence -21.0 (expected -21.0)
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Yen intervention official Mimura says fin min Kato met with US TreasSec Yellen on Thursday
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Weekend speech coming up from Bank of England Governor Bailey – Saturday US time
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RBC analysts anticipate another 50bp rate cut in December from the Bank of Canada
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Bank of Canada is out of touch, “didn’t grasp the challenges facing the Canadian 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,...
4 reasons US equites are nervous
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,...
UK PM Starmer: Brits who get income from shares, property don’t count as ‘working people’
UK Prime Minister Starmer says Brits who get additional income from shares or property don’t count as ‘working people’.Bloomberg with the report, saying that Starmer is hinting at tax rises on investors. -The UK is in dire fiscal straits, so tax rises are coming one...
New Zealand October consumer confidence -4.1% m/m to 91.2 (prior 95.1)
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,...
Potential impact of Japan and US Elections on BoJ intervention, and monetary policy stance
The Bank of Japan is eyeing two elections. Firstly, this weekend in Japan:And secondly, the US election on November 5. MUFG caution that the Bank of Japan may veer away from intervention to support the yen ahead of the US election, reasoning that US dollars spent on...
Forexlive Americas FX news wrap: Initial jobless claims surprise to the downside
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 election weekend – if the yen weakens after, the BOJ could step in with intervention
Nomura say that if the yen comes under pressure next week after the election japanese authorities could step in with intervention efforts to support the currency. The first step is verbal intervention. We've had some weak comments along these lines already from Japan...
US stock indices close next for the fourth consecutive day
The Dow industrial average index has been down for 4-consecutive days.For the S&P index, snapped a three-day losing streak with a move higher today. The NASDAQ index will tire on Monday lower on Tuesday higher on Wednesday and again higher today.The final numbers...