PBOC is expected to set the USD/CNY reference rate at 7.2839 – 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…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2868 – 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…
Read More »Forexlive Americas FX news wrap: Dollar sinks after non-farm payrolls miss estimates
US October non-farm payrolls +150K vs +180K expected US October ISM services 51.8 vs 53.0 expected Canada October employment +17.5K vs +22.5K expected Fed’s Bostic: Policy is likely in the…
Read More »Australian data – September Retail Sales +0.9% m/m (vs. +0.3% expected)
A huge beat on expectations for September retail sales from Australia. +0.9% m/m expected +0.3%, prior +0.2% all categories performing strongly Another data point that’ll surely add to the case…
Read More »Australian data: Q3 PPI 1.8% q/q (prior 0.5%) 3.8% y/y (prior 3.9%)
That’s a very substantial q/q rise for the PPI. — The Producer Price Index (PPI) measures a change in input prices of raw, semi-finished or finished goods and services. If…
Read More »What are the odds of a RBA rate hike next month now?
In case you missed the headlines from earlier, you can check out Eamonn’s recap here: RBA rate hike incoming on November 7 – will they hike again in December? The…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.3055 – 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…
Read More »IMF: Yen’s recent declines are driven by fundamentals, criteria not met for intervention
Alongside the surge in USD/JPY Japanese authorities have insisted, over and over again, that the rate should trade in a stable fashion ‘driven by fundamentals’. And over and over again…
Read More »The bond market continues to hold all the cards
The main event yesterday was supposed to be the US CPI data but instead, it served to tee up yet another poor Treasury auction and that set off another round…
Read More »Australian September business confidence unchanged at +1
National Australia Bank Business Survey for September 2023 business confidence unchanged at +1, its third month in a row at this level business conditions +11, from +14 in August Highlights…
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