Reserve Bank of New Zealand decision due soon. Which will it be, a dovish hold or a cut?
The Reserve Bank of New Zealand is at 0200 GMT Wednesday, which is 2200 US Eastern time on Tuesday evening. Earlier previews: Reserve Bank of New Zealand meet today –…
Read More »UK labour market report in focus in the session ahead
Major currencies are keeping lightly changed overall, with smaller ranges still holding so far today. It will be another placeholder session in Europe more or less, as market players are…
Read More »US Abraham Lincoln Carrier Strike Group accelerating towards Middle East
US Defense Secretary Austin spoke to his Israeli counterpart Gallant in a call Austin said he has ordered the USS Abraham Lincoln carrier strike group to accelerate its transit to…
Read More »Broader US stock indices fight for a positive week with less than an hour to go
With less than an hour left to go in trading, the broader stock indices are trying to fight its way to a positive close for the trading week. Both the…
Read More »Fed’s Bowman: Cautious on rate cuts, eyes upside inflation risks
“I am not confident that inflation will decline in the same way as in the second half of last year.” Inflation still “uncomfortably above” 2% target Labor market showing signs…
Read More »A calmer mood set to greet European traders later today
Major currencies are seeing light changes for the most part, with even USD/JPY keeping under a 100 pips range for once in Asia this week. Overall, the dollar is marginally…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1690 – 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 »The storm clouds are starting to brew again
Yesterday, it looked like we were poised for a continuation in the risk recovery. That is until a much poorer 10-year Treasuries auction landed here. Demand was soft and that…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1821 – 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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