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,...
Citi has a 4,800 target for the S&P 500 at mid-year, then to 5,100 by year end
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,...
PBOC sets USD/ CNY mid-point today at 7.1053 (vs. estimate at 7.1825)
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 politics – Trump won NH primary, is now assured the Republican nomination
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 – Keidanren business lobby head says aiming for wage hikes to outpace inflation
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 Jibun preliminary manufacturing PMI for December 48.0 (prior 47.9)
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,...
PBOC is expected to set the USD/CNY reference rate at 7.1825 – 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...
New Zealand Q4 CPI inflation data shows high domestic inflation, RBNZ likely look through
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,...
Australia Westpac Leading Indicator, looks to be stabilisation rather than a cycle upturn
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 data – December exports +9.8% y/y (expected +9.1%)
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,...
Deutsche Bank survey shows a third of respondents expect Bitcoin under $20,000 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,...
UBS predicts rise in EUR/CHF and also say that USD buying looks stretched
Via UBS on the CHF, EUR and USD.Firstly, on EUR/CHF: UBS forecast EURCHF will trade in a 0.95 to 1.00 range, despite it being just under 0.95 as of the date of the noteits end Q1 forecast is 0.97EURCHF has rebounded from under 0.93 late in 2023 and into the beginning...
Swiss National Bank President Jordan spoke Tuesday on the CHF, inflation and the economy
ICYMI - Swiss National Bank President Thomas Jordan spoke on Tuesday, at an event in the Swiss town of Brig. Jordan once again addressed the strong Swiss franc, saying it has helped to cap inflation:“The nominal appreciation of the franc has lowered inflation” “The...
Australia January preliminary PMIs: Manufacturing 50.3 (prior 47.6) Services 47.9 (47.1)
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,...
NZD/USD is jumping after a huge 5.9% non tradable inflation number in the Q4 data
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,...
New Zealand Q4 CPI 0.5% q/q (expected 0.5%) and 4.7% y/y (expected 4.7%)
New Zealand inflation data for the October - December quarter of 2023Inflation in NZ is subsiding, a welcome relief for consumers and the Reserve Bank of New Zealand. Its not all good news though, domestic inflation, measured by 'non-tradeables' has come in at a...
Oil – private survey of inventory shows much larger headline draw than was expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.Via oilprice.com on Twitter:---Expectations I had seen centred on:Headline crude -2.2mn barrelsDistillates +0.3 mn bblsGasoline +2.3 mn--This data point...
US military has struck Iran-backed militants in western Iraq
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 Americas FX news wrap: US dollar flexes its muscles
Markets:Gold up $6 to $2027US 10-year yields up 4.2 bps to 4.135%WTI crude oil down 21-cents to $74.55S&P 500 up 14 points to 4864NZD leads, EUR lagsIt wasn't a blockbuster day in any market as we await some of the top-tier data in the back half of the week....
Netflix and Texas Instruments announces earnings after the close
Texas Instruments Inc (TXN) Q4 2023 Earnings:EPS: $1.49, BEAT expectations of $1.46.Revenue: $4.00 billion, MISSED expectations of $4.12 billion.Guidance: Q1 revenue projected between $3.45-3.75 billion, below expectations of $4.09 billion. Q1 EPS view is $0.96-$1.16,...