BOE the main highlight of the agenda in the session ahead
The dollar is still reeling from the more dovish Fed yesterday, especially Powell’s press conference. September looks to be a…
Category: Forex News
10-year Treasury yields eye 4% mark next following post-Fed drop
The March low at 4.038% is holding somewhat for now. But looking at things, it’s all about the 4% mark…
Marubeni CFO says expects a limited impact from the Bank of Japan rate hike
Marubeni CFO: Expect limited impact on financing costs from BOJ’s rate hike The yen’s depreciation turning to appreciation due to…
China Caixin Manufacturing PMI for July 2024 49.8 (expected 51.5, prior 51.8)
I did a double take on that result, back into contraction again after a good June. A huge miss on…
Japan July Manufacturing PMI (final): 49.1 (prior 50.0)
S&P Global / Jibun Bank Japanese Manufacturing PMI for July 2024 comes in at 49.1 first time under 50 (and…
China – Henan province named 25 indebted and feeble local banks to be merged
The info comes from noted China analyst Michael Pettis via twitter: Henan province announced its consolidation plans on Sunday, naming…
Australian July Manufacturing PMI (final) 47.5 (prior 47.2)
S&P Global / Judo Bank Australian Manufacturing PMI for July 2024 prior 47.2, preliminary 47.4 From the report, key findings:…
Ukraine's government will suspend foreign debt payments, beginning 1 August 2024
Headline via Reuters: Ukraine’s government invokes moratorium law, will suspend foreign debt payments starting August 1 – resolution This article…
Forexlive Americas FX news wrap: What a day, it had everything
FOMC interest rate decision: Rates unchanged but statement highlights dual risks Full statement from July 2024 FOMC rate decision Powell:…
Meta earnings set for after the bell
The big week of earnings continues today with Meta reporting after the bell. We will also get results from Arm,…