German DAX futures flatUK FTSE futures +0.1% UK stocks were the only outperformer yesterday as the more sluggish market mood continues. Wall Street once again […]
investingLive Asia-pacific FX news wrap 21 Aug: markets calm amidst lack of catalysts
It was a very calm Asia-Pac session with limited excitement across the major asset classes. China, Kazakhstan pledge closer trade and cooperationING: USD weakness paves […]
BOJ to raise interest rate to at least 0.75% by year-end – poll
67 of 73 economists (92%) expect no change at next policy meeting in September45 of 71 economists (63%) expect BOJ to raise rates to 0.75% […]
ING: USD weakness paves the way for EURUSD to 1.20
ING is out with a quick note on the EURUSD and why they think the pair is set to reach 1.20 by year-end. Fed outlook: […]
UN chief calls for Gaza ceasefire, urges Israel to halt settlement expansion
UN Secretary General Guterres, speaking in Yokohama, Japan, called for an immediate ceasefire in Gaza to avoid massive death and destruction in Gaza City. Guterres […]
PBOC sets USD/ CNY mid-point today at 7.1287 (vs. estimate at 7.1748)
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). […]
Nordea sees usdnok downside and eurnok upside
EURNOK — upside risk (base case dips toward ~11.75 first) Trade idea from the bank: Go long EURNOK on a clean break and hold above […]
China pushes deeper cooperation with Pakistan and Afghanistan
Chinese Foreign Minister Wang Yi said China, Pakistan, and Afghanistan should expand development cooperation and increase trade and investment exchanges. He emphasized the need to […]
Alibaba plans Hong Kong spin-off of Banma Network Technology
Alibaba proposed a spin-off and separate listing of Banma Network Technology. Banma is seeking a separate listing of its shares on the main board of […]
POLITICO reports that US will play minimal role in security guarantees for Ukraine
Quick summary of the POLITICO article below. The US Defense Department has signaled it intends to play only a minimal role in providing long-term security […]