There is a speech from the RBA coming up soon, at 0220 GMT. Its from Ellis Connolly, Head of Payments Policy. Its very unlikely there […]
PBOC is expected to set the USD/CNY reference rate at 7.2037 – Reuters estimatePBOC is expected to set the USD/CNY reference rate at 7.2037 – 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 […]
Morgan Stanley is forecasting 4 Federal Open Market Committee (FOMC) rate cuts in 2024Morgan Stanley is forecasting 4 Federal Open Market Committee (FOMC) rate cuts in 2024
Analysts at Morgan Stanley expect the first rate cut from the US Federal Reserve at the June FOMC meeting. Followed by a cut in the […]
China-run tanker shipping Russian oil hit by HouthisChina-run tanker shipping Russian oil hit by Houthis
Houthi terrorists were said to have had an agreement with Russia and China to allow their vessels safe passage. ‘ US officials, however, reported that […]
PBOC sets USD/ CNY mid-point today at 7.0943 (vs. estimate at 7.2037)PBOC sets USD/ CNY mid-point today at 7.0943 (vs. estimate at 7.2037)
The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to […]
Authorities in Hunan, Liaoning, Xi’an, Chongqing to close local financial asset exchangesAuthorities in Hunan, Liaoning, Xi’an, Chongqing to close local financial asset exchanges
Chinese media (Caixin) with the report: Financial authorities in Hunan, Liaoning, Xi’an, and Chongqing have announced the closure of local financial asset exchangesa bid to […]
Australian monthly consumer confidence falls to 84.4 in March vs. 86.0 in FebruaryAustralian monthly consumer confidence falls to 84.4 in March vs. 86.0 in February
A fall of 1.8% m/m for this monthly measure of consumer sentiment. Earlier we had the weekly sentiment number: Australian weekly consumer confidence 83.1 (prior […]
Japan fin min Suzuki says won’t rule out steps to address disorderly FX movesJapan fin min Suzuki says won’t rule out steps to address disorderly FX moves
Japan finance minister Suzuki starts off slow but soon warms up with a pointed remark: Important for currencies to move in stable manner reflecting fundamentalsRapid […]
Japan data: February Services PPI 2.1% (prior 2.1% also)Japan data: February Services PPI 2.1% (prior 2.1% also)
Japan’s Services PPI is AKA the Corporate Services Producer Price Index. Its published by the Bank of Japan. The rate of ascent is slowing This […]
UBS forecasts the S&P 500 will end 2024 around current levelsUBS forecasts the S&P 500 will end 2024 around current levels
UBS is not looking for the S&P 500 to end up any higher by the end of 2024. Analysts at the bank say a ‘soft […]