Info via Japan Times: the proportion of companies planning to raise their pay-scales stood at 70.7%, up by 6.3 percentage points from the previous yearCompanies […]
Under half of analysts expect a BoE rate cut in JuneUnder half of analysts expect a BoE rate cut in June
Reuters poll on Bank of England expectations. 63 economists surveyed: 31 see June cut30 see Q32 say November The report from adds a summary of […]
PBOC sets USD/ CNY mid-point today at 7.1048 (vs. estimate at 7.2363)PBOC sets USD/ CNY mid-point today at 7.1048 (vs. estimate at 7.2363)
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 […]
JP Morgan’s Pinto doubts the Federal Reserve will be cutting rates this yearJP Morgan’s Pinto doubts the Federal Reserve will be cutting rates this year
Daniel Pinto is President and Chief Operating Officer of JPMorgan. He spoke at an event in Washington DC, saying that the Federal Open Market Committee […]
Japan data – March Services PPI 2.3% y/y (prior +2.1%)Japan data – March Services PPI 2.3% y/y (prior +2.1%)
Japan’s Services PPI is AKA the Corporate Services Producer Price Index. Its published by the Bank of Japan. +2.3% y/y expected +2.1%, prior +2.1% y/y […]
Trump advisers are planning US dollar devaluation if he gets electedTrump advisers are planning US dollar devaluation if he gets elected
An article (link is here) canvassing a plan for a second Trump administration to send the US dollar lower: According to Politico, Trump’s former trade […]
PBOC is expected to set the USD/CNY reference rate at 7.2363 – Reuters estimatePBOC is expected to set the USD/CNY reference rate at 7.2363 – 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 […]
HSBC bearish GBP/CHF, target is 1.1HSBC bearish GBP/CHF, target is 1.1
HSBC is looking for the CHF to rise, saying CHF shorts “look weary”, and the CHF is resilient: resilience is likely due to geopolitical tensionswith […]
New Zealand March trade balance +588mn (prior -218mn)New Zealand March trade balance +588mn (prior -218mn)
Exports rose from February but imports fell. NZ posted a trade surplus for March. NZD/USD is little changed. While the jump in exports is welcome […]
US authorities express elevated fears about a terrorist attack like that seen in RussiaUS authorities express elevated fears about a terrorist attack like that seen in Russia
FBI Director Christopher Wray spoke with US media, NBC Nightly News, on Tuesday: said there are also elevated fears about a coordinated terror attack in […]