PBOC is expected to set the USD/CNY reference rate at 7.2981 – 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…

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Japan Leading Economic Index registered at 109.1 above expectations (108.6) in October

Japan Leading Economic Index registered at 109.1 above expectations (108.6) in October

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Russia Industrial Output above expectations (3.5%) in November: Actual (3.7%)

Russia Industrial Output above expectations (3.5%) in November: Actual (3.7%)

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RBA December minutes: Upside inflation risks had diminished

I posted a recap of this meeting as a bit of a preview of this. Its here: RBA’s (slightly) softened tone Headlines via Reuters: Policy needed to be “sufficiently restrictive”…

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Japanese Yen retains intraday negative bias amid doubts over BoJ’s rate-hike plan

The Japanese Yen (JPY) kicks off the new week on a softer note and remains within striking distance of a five-month low touched against its American counterpart on Friday.

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Spain Q3 final GDP +0.8% vs +0.8% q/q prelim

Prior +0.8% GDP +3.3% vs +3.4% y/y prelim Prior +3.2% No change to the quarterly estimate as the Spanish economy remains one of the few bright spots in Europe, especially…

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Australian Dollar appreciates as US Dollar remains subdued after a softer inflation report

The Australian Dollar (AUD) steadies following two days of gains on Monday as the US Dollar (USD) remains subdued following the Personal Consumption Expenditures Price Index (PCE) data from the…

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How to read the COT report 🙏

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