Copper Technical Evaluation – New easing measures from the PBoC set off a rally

Basic OverviewFinal Friday, the PBoC introduced new easing measures which included additional fee cuts and stock buyback funding. Furthermore, we received some positive economic data with Retail Gross sales and Industrial Manufacturing beating…

Maximizing Trading Potential with HFM’s MT4, MT5 and HFM Platforms

HFM, unified brand name of HF Markets Group, a leading global online trading provider, is committed to empowering traders through access to the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the innovative HFM App. Together,…

Ape On Launches Innovative Token Locking for Secure Project Launches on Solana

Ape On, the most secure and efficient token launch platform, is reshaping decentralized finance (DeFi) on the Solana blockchain. With its unique token locking feature powered by Jupiter Lock, Ape On is designed to provide unmatched security…

European equities a touch softer at the open today

Eurostoxx -0.2%Germany DAX -0.2%France CAC 40 -0.4%UK FTSE +0.2%Spain IBEX -0.3%Italy FTSE MIB flatIt's a more pensive start overall with US futures also keeping little changed. That is not giving traders much to work with with changes in…

Germany September PPI -0.5% vs -0.2% m/m expected

Prior +0.2%PPI -1.4% vs -1.0% y/y expectedPrior -0.8% This article was written by Justin Low at www.forexlive.com. Source link

Little on the agenda in Europe to kick start the new week

Major currencies are more muted in general to start the day, with only the yen sitting slightly higher. USD/JPY is down 0.2% to 149.23 as the pair starts to show some signs of exhaustion after testing waters above 150.00 last week. Price…

ForexLive Asia-Pacific FX information wrap: China price reduce, as anticipated

UBS raised its 2024 forecast for China's full-year actual GDP development to four.eight% (from four.6%)MUFG sees a rising case for the BoJ to lift charges once more earlier than year-endJapan election - LDP more likely to stay in authorities…

Monday will deliver Federal Reserve audio system together with Logan, Kashkari, Schmidt, Daly

Its one other day of a large number of Federal Reserve audio system. I count on all of those 4 to present indications of the coverage views. I posted this earlier, ideas of a November and/or December pause usually are not going away:Will…

AUD/USD to its its session excessive feedback from RBA's Hauser

Reserve Financial institution of Australia Deputy Governor Hauser spoke in a 'fireplace chat' format on the CBA 2024 World Markets Convention in Sydney:RBA dep Gov Hauser says stunned employment progress has been so robustExtra from RBA's…

PBOC is expected to set the USD/CNY reference rate at 7.0990 – 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…