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…

Concern over oil market oversupply fears might be exaggerated

In a note last week from Standard Chartered analysts at the bank said oil market sentiment, especially among speculative traders, is highly bearish, similar to levels seen in 2008 during the Global Financial Crisis.Concerns centre on expectations…

ECB Lagarde 'knowledge dependence' is a smokescreen, December fee lower forward

The subsequent European Central Financial institution financial coverage assembly is on December 12. TD predict one other fee lower (the ECB lower by 25bp final week).TD cites:ECB officers (members of the Financial institution's fee setting…

Will the Federal Reserve pause in November and (or) December - Citi with the heads up

Citi feedback reported by Bloomberg (gated) flah the potential of no extra charge cuts from the Federal Open Market Committee (FOMC) for the remainder of this 12 monthsCitigroup Inc.’s Akshay Singal, international head of short-term interest-rate…

Economic calendar in Asia Monday, October 21, 2024 - PBoC rate cut expected

A rate cut from the People's Bank of China is expected (2115 US Eastern time). Preview:Heads up for a rate cut from China expected on Monday, October 21, 2024And, more on the agenda for the week ahead:Weekly Market Outlook (21-25 October)Newsquawk…