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Federal Reserve speakers on Monday include Bostic and Musalem
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JP Morgan on Trump tariffs – reinforce their bullish view on gold
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,...
Persistent Trump tariffs mean a minus 5% hit to Canada’s economy, Mexico -8%, US -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,...
AUD/USD dipped under 0.61
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,...
Ethereum implodes
ETH 10 minsIt's turning into some kind of 'Black Sunday' in the ethereum market.Bitcoin is having a rough one as it's down to $93K but ethereum is absolutely puking, falling 25% in minutes and down by a third from Friday level.So far the September lows are holding.ETH...
Bank of Canada will implement six consecutive quarter-point interest rate cuts
Bank of Montreal (BMO) has revised its outlook for Canadian interest rates in response to the economic impact of Trump's 25% tariff. BMO now anticipates the Bank of Canada will implement six consecutive quarter-point interest rate cuts, bringing the policy rate down...
Caixin China Manufacturing PMI (January 2025) 50.1 vs. expected 50.5
Caixin China Manufacturing PMI for January 2025:A weak 50.1, but keeps its nose in expansionexpected 50.5prior 50.5This manufacturing PMI comes in better than the official manufacturing PMI:***Posted earlier, but here it is again ICYMI:***The two PMIs are quite...
Goldman Sachs says the medium term risks to oil prices is skewed to the downside
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AUD/USD falls to to its lowest since early 2020
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US TreasSec Bessent said tariffs inflationary, not good “for a US industrial renaissance”
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Australia retail sales December 2024 -0.1%% m/m (expected -0.7%)
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Australian building permits for December 2024: +0.7% m/m (expected +1.0%)
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Japan Manufacturing PMI January (final) 48.7 (prior 49.6)
Jibun / S&P Global Manufacturing PMI for Japan in January 2025, the final reading48.7The report on the numbers argues that the PMI results for Japan's manufacturing sector indicate that subdued activity persisted at the start of 2025. Both production and new...
Trump says he’ll speak with Canada’s Trudeau on Monday
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Australian private survey of inflation, January 2025: +0.1% m/m (prior +0.6%)
Melbourne Institute of Applied Economic & Social Research at the University of Melbourne.Privately surveyed inflation measure, lower in January than in December:+0.1% m/mprior +0.6%+ 2.3% y/yprior +2.6%From the RBA website, the official cash and inflation...
BoJ January meeting summary – one member cited upside inflation risk
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Trump tariffs end ‘self-delusion in markets’
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Trump will be speaking to the media at 7.20pm US Eastern time (0020 GMT)
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