US 10-year yield monthlyThis is the final week of September and it's increasingly clear that the theme of the month is bond selling. Today's price action highlights that with 10-year yields up 8.1 bps to 4.52%, which is a fresh high dating back to 2007.That rise is...
ECB’s Schnabel: Activity in the eurozone is clearly moderating
ECB's SchnabelThere is not yet an all-clear for the inflation problemUnusual contraction in monetary aggregates is unlikely to foreshadow a deep recession but rather reflects a significant rebalancing of portfoliosThe question is: How far with the eurozone economy...
ECB’s Lagarde: Recent indicators point to further weakness in the third quarter
ECB's President LagardeJob creation in the services sector is moderating and overall momentum is slowingInflation continues to decline but is still expected to remain too high for too longWe aim to conclude review of ECB framework by spring 2024The euro is down 30...
Kickstart your fx trading on September 25 w/ a technical look at EURUSD, USDJPY and GBPUSD
The new trading week is underway and the US dollar is moving higher. In this video, I take a look at the technicals that are driving the EURUSD, USDJPY, and GBPUSD.EURUSD: The EURUSD stalled against its 100-hour moving average on Thursday and Friday. That moving...
Fed’s Goolsbee: The next question will be ‘how long are we going to hold at these levels’
I think we're getting close to questions about how long we will hold, rather than how highIt feels like we're going to hold longer than markets were expectingThe risk of inflation staying higher is the bigger riskThe employment side of the economy is going very...
Fed’s Goolsbee set to speak on CNBC
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,...
August Chicago Fed US national activity index -0.16 vs +0.12 prior
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 vice premier: In meeting with EU agreed to further opening up in financial services
Expressed concern over EU electric vehicle probeChina willing to seriously consider and include more EU incorporated banks in ChinaChina is willing to expand imports from EUDiscussed establishment of early warning system on raw materials supply chainsBoth sides agreed...
The NZD is the strongest and the CHF is the weakest as the NA session begins
The strongest to the weakest of the major currenciesThe NZD is the strongest and the CHF is the weakest as the NA session begins. The USD is mixed to start the trading day after closing last week mixed. Last week was highlighted by a slew of central bank rate...
Germany’s Scholz: We must massively expand activities in housing construction
It's correct for the ECB to take action against inflation but this inhibits home constructionEarlier, a report said Germany will indefinitely delay a stricter housing code that would require more insulation. Germany is aiming to build 400,000 new homes a year but...
ICYMI – Morgan Stanley says government shut down will lead to Fed Reserve policy paralysis
Morgan Stanley says that a full government shutdown will halt the flow of economic data, leaving the Federal Open Market Committee (FOMC) in the dark over the economy"In monetary policy making, uncertainty tends to lead to policy paralysis," "If it's a full government...
Japanese Yen Weakens Again, Markets Watchful For BoJ Intervention
USD/JPY closes in on eleven month highsInterest rate differentials continue to crush the Yen after BoJ stood pat last weekMarkets suspect it’s more likely to step in and bolster the Yen at current levelsThe Japanese Yen fell to a ten-month low against a generally...
Forexlive European FX news wrap: Yields & USD up, risk trades down
Session wrap Forex news from the European morning session on Sep 25, 2023 <!--> --> Rising yields once again sent equity indexes lower. After a small gain during Asia time US equity indexes tumbled sharply lower during the European morning. The USD rose, most...
S&P says pronounced downturn in labour market could push eurozone economy into recession
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 – HSBC have boosted its Brent oil forecasts higher for 2023 an 2024
HSBC raised its forecast for Brent oil prices in 2023 and 2024forecast is $90/bbl in Q4 2023 forecast is $82.50 for the 2024 year, that's up $7.50Citing:Oil demand from China will continue to support the priceSaudi supply cuts will remain unit Q2 2024MoneyMaker FX EA...
Dow Jones Technical Analysis – Key trendline got breached
Last week the Fed kept interest rates unchanged as expected while striking a hawkish tone via the Dot Plot. In fact, the Fed not only sees another rate hike by the end of the year, but also much less rate cuts by the end of 2024. Fed Chair Powell has also admitted...
HSBC cut its forecast for China GDP growth in 2023 and 2024 – see the PBOC easing further
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,...
월340을 하루2시간씩만 써서 올리는 부업 대한민국 성인이라면 누구나 할 수 있는 부업
https://www.youtube.com/watch?v=rNLvCXUlgWk 난이도 자체는 초등생도 할만큼 너무 쉬운 부업입니다. 1달차에는 50만원 이하였지만 감을잡고 2달차에는 150만원 3달차에는 250만원 4달차 부터는 340만원 이하로 떨어진 적이 없습니다. 누구나 쉽게 초기자본없이 하실 수 있는 부업이라 영상 만들어봤습니다. 감사합니다. #돈버는법 #부업 #부업추천 #앱테크 #재테크 MoneyMaker FX EA Trading...
Japan PM Kishida says excessive FX moves are undesireable
Verbal JPY intervention from Japanese Prime Minister Kishida. Japanese authorities are concerned about an overly weak yen. While exporters are not unhappy its pushing up the price of imported energy and other imported materials. Kishida: excessive FX moves are...
Japan PM Kishida says on Tuesday he’ll instruct ministers to prepare an economic package
We had the heads-up from Kishida on this last week . He said the package will include measures to counter inflation, and social measures to counter declining population.Kishida reiterates that the package will cushion people from rising prices. Sheesh, the government...