There is an OPEC+ meeting scheduled for Wednesday, 3 April 2024: Joint OPEC/non-OPEC Ministerial Monitoring Committee (JMMC) meeting It’ll be an online meeting, beginning at […]
Biden and Xi speak for first time since November summit – US readoutBiden and Xi speak for first time since November summit – US readout
US President Joe Biden spoke on the phone with Chinese leader Xi Jinping on Tuesday. the two spoke for nearly two hours. The readout from […]
ICYMI – Mester and Daly both say 3 Fed rate cuts this year, but its not a promiseICYMI – Mester and Daly both say 3 Fed rate cuts this year, but its not a promise
Loretta Mester, president and CEO of Federal Reserve Bank Cleveland branch and her FOMC colleague Mary Daly, President of the San Francisco Federal branch both […]
Private survey of oil inventories shows smaller headline crude build than expectedPrivate survey of oil inventories shows smaller headline crude build than expected
Via Twitter: — Expectations I had seen centred on: Headline crude -1.5mn barrelsDistillates -0.6 mn bblsGasoline -0.8 mn — This data point is from a […]
Tomorrow has more Fedspeak scheduledTomorrow has more Fedspeak scheduled
Looking ahead to tomorrow, the ADP nonfarm employment change will be announced at 8:15 AM with expectations of 148K versus 140K. The ADP data has […]
Trade ideas thread – Wednesday, 3 April, insightful charts, technical analysis, ideasTrade ideas thread – Wednesday, 3 April, insightful charts, technical analysis, ideas
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive […]
Economic calendar in Asia 03 April 2024 – another PMI from ChinaEconomic calendar in Asia 03 April 2024 – another PMI from China
Over the weekend we had the first lot of PMIs from China, with some better news: China March 2024 Official Manufacturing PMI 50.8 (expected 50.1) […]
Forexlive Americas FX news wrap: Treasury yields bust out but the dollar doesn’t followForexlive Americas FX news wrap: Treasury yields bust out but the dollar doesn’t follow
US February JOLTs job openings 8.756M vs 8.750M estimateUS February factory orders +1.4% vs +1.0% expectedFed’s Mester: Still expects the Fed can cut rates later […]
US major indices sink but bounce off session lows. Russell 2000 leads the way lowerUS major indices sink but bounce off session lows. Russell 2000 leads the way lower
US major indices sink, but close off lows. Russell 2000 led the way to the downside. The Dow and the NASDAQ closed down near 1%. […]
More from SF Fed Pres.Mary Daly: When we say 2% is inflation goal, we mean itMore from SF Fed Pres.Mary Daly: When we say 2% is inflation goal, we mean it
When we say 2% is inflation goal, we mean 2%We’re resolutely committed to restoring inflation to the 2% levelIt’s not on the table now to […]