PBoC: Will guide reasonable credit growth
Prudent monetary policy should be flexible, moderate, precise and effective. Will guide reasonable creditr growth. Will lower firms’ financing and…
Category: Forex News
US futures stick with the bounce from yesterday so far on the session
There was a bit of a brief hiccup in the handover from Asia to Europe but the mood music is…
Weekly update on interest rates expectations
Rate cuts by year-end Fed: 102 bps (54% probability of 50 bps rate cut at the upcoming meeting) ECB: 65…
European equities keep slightly higher to start the day
Eurostoxx +0.2% Germany DAX +0.1% France CAC 40 +0.3% UK FTSE +0.3% Spain IBEX +0.4% Italy FTSE MIB flat S&P…
What are the main events for today?
The European session is once again empty as we will just get the final inflation readings for Germany and Italy.…
Little on the agenda in European morning trade today
After the better showing in risk sentiment yesterday and the steadier tone earlier today, it looked like we were set…
A calmer mood set to greet European traders later today
Major currencies are seeing light changes for the most part, with even USD/JPY keeping under a 100 pips range for…
ForexLive Asia-Pacific FX news wrap: USD slid a little
China treasuries fall after state media says trading accounts must not be borrowed How the S&P 500 predicts the winner…
Societe Generale says its too early to call a US recession
Societe Generale says it too soon to call a US recession despite the concern in markets this week over a…
China July 2024 CPI +0.5% y/y (expected +0.3%) and PPI -0.8% y/y (expected -0.9%)
Inflation, both CPI and PPI, data from China for July 2024 The m/m PPI is -0.2% This data comes in…