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Boj uchida: shouldn’t modify easy policy just because there are side-effects
Incoming BoJ Deputy Governor Shinichi Uchida told an upper house confirmation hearing, “BOJ must maintain monetary easing. It shouldn’t modify eas...
Boj wakatabe: dangers of secular stagnation and japanification not yet passed
BoJ Deputy Governor Masazumi Wakatabe said, “the mild-inflation regime has not come to an end, and we should say that the potential dangers of secul...
Reuters reporters’ online accounts faked to approach china activists
By James Pomfret HONG KONG (Reuters) – Two Reuters journalists had their identities faked by an unknown person or people who then used sham social m...
Chicago fed's goolsbee is speaking on tuesday, 28 february 2023
I don't have a topic for this speech.
- Its scheduled at 1930 GMT
- which is 2.30pm US Eastern time
Federal Reserve ...
Gold price forecast: xau/usd eyes daily close for falling wedge confirmation
Gold price is looking to build on the previous rebound above $1,800. Risk tone remains firmer despite doubts over ‘soft-landing’ amid hawkish Fede...
Markets: bitcoin, ether little changed; polygon’s matic token leads losers in top ten crypto
Bitcoin and Ether traded little-changed on Tuesday morning in Asia, while most top 10 non-stablecoin cryptocurrencies fell, with Polygon leading the l...
Au q4 2022 gdp preview and what comes next for the aud/usd
In our most recent article on the AUD/USD here, we moved to a positive bias after the pair reached support at .6800c. “Leaning against the strong su...
Commodities watchlist: spot gold’s downtrend continuation
February has NOT been a good month for the gold bugs. Will XAU/USD cap the month by breaking below a key technical support?......
Boeing says mq-28 drone could be a fit for u.s. air force
SYDNEY (Reuters) – Boeing Co’s MQ-28 Ghost Bat fighter-like drone is designed to be an open platform and a partnership with Lockheed Martin Corp o...
Gbp to usd forecasts: bears to target sub-$1.20 on boe refocus
It is a busy day ahead for the GBP to USD. While there are no stats to consider, MPC member commentary will influence ahead of today’s US stats. The...
Ecb vujcic: we should persevere if core inflation persists
ECB Governing Council member Boris Vujcic told Bloomberg TV yesterday, “as long as core (inflation) persists at the levels we’re talking about and...
Usd/chf forecast: temporary pullback as dxy retreats
The USD/CHF exchange rate pulled back slightly on Tuesday ahead of the upcoming Swiss GDP and US consumer confidence numbers. Read Full Story at sourc...
Eur/usd and sub-$1.055 in the hands of the french economy
It is a busy day ahead for the EUR/USD, with the French economy in the spotlight. Q4 GDP and prelim inflation figures will be the focal points. The po...
Gbp/usd could recover if bulls clear this hurdle
Key Highlights GBP/USD retested the key 1.1920 support zone. A major bearish trend line is forming with resistance near 1.2060 on the 4-hours chart. E...
New zealand consumers not helping out nzd/usd as it trades at 3-month lows
New Zealand released its Q4 2022 Retail Sales data early on Monday. The actual print was -0.6% vs an expectation of +1.7% and a Q3 print of +0.6%. A l...
Vietnam factory output up in feb despite drop in smartphone production
HANOI (Reuters) – Vietnam’s industrial output and exports rose in February from a year earlier, partly helped by higher footwear sales, in a possi...
Gold price rebound keeps rsi out of oversold territory
Gold Price Outlook The price of gold attempts to bounce back from a fresh yearly low ($1807) amid a larger-than-expected decline in US Durable Goods O...
Currency pair of the week: eur/jpy
The Eurozone will report its Flash CPI report for February. Expectations are that the YoY print will drop to 8.2% vs a January reading of 8.6%. If the...
Gbpaud wave analysis
GBPAUD broke daily down channel Likely to rise to resistance level 1.8000 GBPAUD previously broke the resistance trendline of the daily down channel f...
Gbpusd wave analysis
GBPUSD reversed from key support level 1.1915 Likely to rise to resistance level 1.2200 GBPUSD recently reversed up from the key support level 1.1915 ...
Aud/usd price analysis: reversal lacks strength as risk appetite looks fragile
The AUD/USD pair is struggling to stretch its recovery above the 0.6750 resistance in the Asian session. A recovery move in the Aussie asset from the ...
Gbp/usd price analysis: fades brexit deal-inspired upside momentum near 1. 2050
GBP/USD struggles to extend the Brexit deal-induced gains around 1.2050-60 during early Tuesday. Even so, the Cable pair defends the previous day’s ...
Hang seng index, asx200, nikkei 225: markets find brief relief
It was a bullish session for the Hang Seng Index and the ASX 200. However, Fed Fear lingered, limiting the upside amidst rising US-China tensions. The...
China income growth in 2022 fell well short of that in 2021, back at covid (2020) levels
Data from China's National Bureau of Statistics (NBS) released earlier today:
- Income per capita in China +2.9% in real terms in 2022...
Hong kong to scrap covid mask mandate from march 1
By Farah Master HONG KONG (Reuters) -Hong Kong will drop its COVID-19 mask mandate, chief executive John Lee said on Tuesday, in a move to lure back v...
U.s. marshals service suffers security breach
(Reuters) -The U.S. Marshals Service (USMS) suffered a ransomware security breach this month that compromised sensitive law enforcement information, a...
China's national people's congress begins later this week - stockmarket likely underpinned
Stocks in China today are getting off to an up start.
We have PMIs due tomorrow:
If they manage to come in better than in the previous...
Usd/jpy steadies above 136.00 as yields pause previous retreat, boj dovish stance appears safe
USD/JPY struggles to extend the week-start pullback from two-month high. Yields remain lackluster, stock futures print mild gains amid mond-end positi...
Global equities overnight on feb 28, 2023: asian markets rise post uptick in us stocks; all eyes on india’s gdp data today
Asian markets were up on Tuesday as Japan’s Nikkei 225 was up 0.51 per cent, along with Australia’s ASX 200 that rose 0.57 per cent. South Korea�...
Australia to limit tax breaks on multi-million dollar retirement savings
SYDNEY (Reuters) – The Australian government said on Tuesday it would limit tax breaks for members with pension balances of more than A$3 million ($...
North korea’s kim orders ‘fundamental transformation’ of agriculture amid reports of food shortages
SEOUL (Reuters) – North Korean leader Kim Jong Un called for an agricultural production reform during a meeting on Monday with ruling party official...
Mexico’s alsea profit slides as rising costs, exchange rate, taxes bite
MEXICO CITY (Reuters) – Mexican restaurant chain operator Alsea reported on Monday a 30.7% drop in its fourth-quarter net profit, dipping to 579 mil...
Oil - further signs of rebounding demand in china
A snippet from ANZ. Analysts there note that price remains under pressure with further Fed rate hikes ahead to curb demand (at the margin). Also:...
Dow jones newswires: south korea’s l&f signs $2.9 billion supply deal with tesla
L&F said in a regulatory filing Tuesday that it would provide high-nickel cathode materials worth 3.835 trillion won to the U.S. electric-vehicle gian...
