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Saudi Arabia to keep voluntary production cuts in Q1 2024 – ANZ
That seems to be the expectation, even after the rifts that we have seen among OPEC+ members coming into today's meeting. Besides that, ANZ is forecasting oil to trade in the range of $85 to $90 in the first half of next year.As for their other commodities outlook,...
Japan November consumer confidence index 36.1 vs 35.7 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,...
ForexLive Asia-Pacific FX news wrap: China PMI, manufacturing further into contraction
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,...
JP Morgan predicts S&P 500 drop to 4,200 by end-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,...
Bank of England speaks today – expect hawkish views
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China’s Powerlong Real Estate has defaulted on its debt payment
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,...
Federal Reserve Bank of New York President John Williams keynote speech coming 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,...
AUD flips the switch to bid on China stimulus hopes 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,...
European Central Bank President Lagarde is speaking Thursday
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,...
Oil prices edge down ahead of OPEC+ meeting as demand concerns resurface
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,...
Former United States Secretary of State Henry Kissinger has passed away
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’s Nakamura says it’ll be some time before easy money policy is changed
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 November PMIs: Manufacturing 49.4 (expected 49.7) Services 50.2 (expected 51.1)
November 2023 official Chinese PMIs from the National Bureau of Statistics (NBS)Composite 50.4, prior 50.7Manufacturing activity contracted for a second straight month, falling deeper into contraction.Both services and manufacturing disappointed relative to the median...
PBOC sets USD/ CNY mid-point today at 7.1018 (vs. estimate at 7.1273)
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,...
Bank of England Governor Bailey says the UK outlook is worst I’ve seen
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Australian dollar very little changed after credit, capex and building approvals data
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Australian October 2023 Private Sector Credit +0.3% m/m (expected +0.4%)
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Australian data – Q3 Capex headline +0.6% vs. +1.0% expected
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PBOC is expected to set the USD/CNY reference rate at 7.1273 – 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...