US inflation report coming up on Friday when markets will be closed – ranges to watchFederal Reserve Chair Powell speaks Friday, San Francisco Fed’s Daly […]
China Vanke says its objective is to cut interest bearing debt by 100bn yuan in next 2 yrsChina Vanke says its objective is to cut interest bearing debt by 100bn yuan in next 2 yrs
Vanke is (was) one of China’s biggest real estate developers. Its been in troubles: China still can’t shake off property market woesMoody’s withdraws China property […]
Federal Reserve Chair Powell speaks Friday, San Francisco Fed’s Daly alsoFederal Reserve Chair Powell speaks Friday, San Francisco Fed’s Daly also
Powell and Daly are both speaking on a day when equity, bonds and futures are all closed. 1115 US Eastern time, which is 1515 GMT: […]
Japan finance minister Suzuki says speculative moves may be behind JPY weaknessJapan finance minister Suzuki says speculative moves may be behind JPY weakness
Japan finance minister Suzuki says speculative moves may be behind JPY weakness amid falling interest rate differentials. Suzuki weighed on the yen also: Japan finance […]
Japan’s industry minister says to extend fuel subsidies for a “certain period”Japan’s industry minister says to extend fuel subsidies for a “certain period”
Japanese Industry Minister Ken Saito spoke on Friday regarding the government plan to extend its fuel subsidies “for a certain period”. Subsidies paid to energy […]
Japan finance minister Suzuki says rapid FX moves are undesirable, speculative moves seenJapan finance minister Suzuki says rapid FX moves are undesirable, speculative moves seen
Japan finance minister Suzuki verbal intervention, Important for currencies to move in stable manner reflecting fundamentalsRapid fx moves undesirableSpeculative move seen behind forex movesClosely watching […]
USD/JPY update – lower (in a small range) after Suzuki’s verbal interventionUSD/JPY update – lower (in a small range) after Suzuki’s verbal intervention
Keywords used by Suzuki included: rapid FX moves speculative moves won’t rule out any steps to respond to disorderly FX These are of a more […]
PBOC is expected to set the USD/CNY reference rate at 7.2259 – Reuters estimatePBOC is expected to set the USD/CNY reference rate at 7.2259 – 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 […]
PBOC sets USD/ CNY reference rate for today at 7.0950 (vs. estimate at 7.2259)PBOC sets USD/ CNY reference rate for today at 7.0950 (vs. estimate at 7.2259)
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 […]
Tokyo area March inflation data: Headline 2.6% y/y (prior 2.6%)Tokyo area March inflation data: Headline 2.6% y/y (prior 2.6%)
The overall CPI was the same as in February while both core measures fell a touch. There is nothing in this data to suggest a […]