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Aud/usd marches towards 0.6650 as fears from svb abate, aussie employment, us inflation eyed
AUD/USD picks up bids to refresh intraday high amid broad risk-on mood. US regulators take action and tame fears emanating from Silicon Valley Bank, S...
Eco data 3/13/23
The post Eco Data 3/13/23 appeared first on Action Forex......
Japan q1 business sentiment falls even further
This is from the Business Sentiment Index, a quarterly survey conducted by the MoF of around 10K Japanese firms.
The BSI Large Manufacturing ...
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Stock futures rally in asia as u.s. acts on banks
By Wayne Cole SYDNEY (Reuters) – U.S. stock futures rallied in Asian trade on Monday as U.S. authorities announced plans to limit the fallout from t...
Us treasury official says banks not being bailed out, depositors are being protected
A senior US Treasury official:
- The firms are not being bailed out, the depositors are being protected
- SVB equity and bondholder...
Regulators close signature bank, announce plan to make depositors whole
By Hannah Lang (Reuters) -New York state’s Department of Financial Services said on Sunday it has taken possession of New York-based Signature Bank ...
Uk’s sunak will invite biden to northern ireland peace anniversary
By Elizabeth Piper LONDON (Reuters) – British Prime Minister Rishi Sunak will invite U.S. President Joe Biden to Northern Ireland in April to help c...
Zelenskiy honors ukraine soldier shot after saying ‘glory to ukraine’
(Reuters) – President Volodymyr Zelenskiy bestowed posthumously the honour of “Hero of Ukraine” on Sunday on a soldier who defiantly said “Glo...
Silicon valley bank deposits to be available monday – us officials
WASHINGTON (Reuters) – Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday. The post ...
Eur/usd gaps up as us dollar gets shunned in the open
EUR/USD bulls in the market at the open. EUR/USD jumps in a gap to start the week after NFP. EUR/USD 1.0590 target in a 61.8% Fibonacci retracement fo...
Banking: crypto-friendly signature bank shut down by regulators after collapses of svb, silvergate
State authorities closed New York-based Signature Bank on Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest bank ...
Canadian regulator takes temporary control of silicon valley bank’s canadian branch
(Reuters) – A Canadian regulator on Sunday said it sought temporary control of Silicon Valley Bank’s Canadian branch, as the fallout from the coll...
And done, federal reserve announces emergency lending facility - deposits "guaranteed"
more to come
Federal Reserve and Treasury:
- taking decisive actions to protect the u.s. economy by strengthening publicconfidenc...
Federal reserve announces emergency lending facility. deposits to be guaranteed
Federal Reserve and Treasury:
- taking decisive actions to protect the US economy by strengthening public confidence in our banking syste...
The latest on the trouble in the us banking system - more on fed, treasury backstop fund
Updating this from earlier:
The fed: fed announces new emergency loan program for banks to ease contagion risk from silicon valley bank
The Federal Reserve on Sunday set up a new emergency loan program to bolster the banking system. Read Full Story The post The Fed: Fed announces new e...
Could eur/usd drop to the 1,0532 level?
EUR/USD rose further on Friday and peaked at 1.0700, the highest level since February 20. Despite the stronger-than-expected NFP growth, the DXY is fa...
Us equity index futures trade (on cme's globex) has commenced for the week
The wild ride has started already, get set for a busy week ahead folks:
N.korea fires missiles from submarine at underwater target
SEOUL (Reuters) -North Korea fired two missiles from a submarine on Sunday morning, striking an underwater target, state news agency KCNA reported on ...
Checkmate capital group announces opening of new flagship office in seoul, korea
SEOUL, Korea and PASADENA, Calif., March 12, 2023 (GLOBE NEWSWIRE) — Checkmate Capital Group, LLC (“Checkmate”) is pleased to announce the openi...
Usd/jpy under 134.00
The USD is weaker across the board, indicated earlier the session in the wee hours here:
Eur/usd forex forecast – strengthens as us labor data suggests easing inflation pressures
Slower wage growth in the U.S. suggests easing inflation pressures, which could lead to more modest interest rate rises by the Federal Reserve. The po...
Svb collapse to test fed’s faith in a strong, low-risk financial system
By Howard Schneider WASHINGTON (Reuters) – Earlier this month the U.S. Federal Reserve in a report to Congress gave what has become a standard reass...
Marketmind: bank on some bumps
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf. The post Marketmind: Bank on some bumps appeared first...
New zealand data - february food price index +1.5% m/m (vs. prior +1.7%)
Eyes are on the US this morning in Asia and moves to rescue/bailout troubled bank SVB.
But, data from New Zealand has been incoming:
Bitcoin rises on report government weighing plan to protect all silicon valley bank depositors
The price of bitcoin rose above $21,400 after the Washington Post reported that U.S. federal authorities are considering safeguarding uninsured deposi...
Gbp/usd could move towards the 1,2269 level
Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 1,2147, which will be followed by moving up to resistance l...
Us federal reserve & treasury discussing an emergency authority to backstop bank deposits
For troubled SVB bank.
New zealand services pmi (february) 55.8 (prior 54.7)
BNZ - BusinessNZ Performance of Services Index for February 2023 comes in at
- prior 54.7
Composite 53.7
- prior 51....
Aud/usd price analysis: h1 m-formation holds the bears hostage for the open
As per the prior analysis and before the Nonfarm Payrolls event on Friday that sent the US Dollar substantially lower, AUD/USD remains in the realms o...
Economic calendar in asia - 13 march 2023 - heads up for lower tier nz data due real soon
None of these below are much importance but for those watching out for them, we have data from New Zealand and Japan due.
...
North korea says it fired two 'strategic cruise missiles' from a submarine on sunday
Kim Jong Un is not happy everyone is paying to attention to SVB developments and not him.
North Korean state media have issued an announcemen...
First republic assures clients of continued strength of capital, liquidity, operations
From Friday related to the SVB turmoil:
