Forexlive Latest News

Forexlive Latest News

News

ForexLive Asia-Pacific FX news wrap: USD/JPY jumps 100 pts

ForexLive Asia-Pacific FX news wrap: USD/JPY jumps 100 pts

  • Forex news for Asian trading on Monday, 6 May 2024
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 03:49 GMT-0
06/05/2024 | 03:49 GMT-0
Central Banks

Federal Open Market Committee (FOMC) speakers on Monday include NY Fed's Williams

Federal Open Market Committee (FOMC) speakers on Monday include NY Fed's Williams

  • Willaims and Barkin feature
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 03:38 GMT-0
06/05/2024 | 03:38 GMT-0
Central Banks

ECB's Lane says Confidence on getting inflation lower is improving

ECB's Lane says Confidence on getting inflation lower is improving

  • Hinting at a June rate cut in the works
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 03:11 GMT-0
06/05/2024 | 03:11 GMT-0
Education
Sponsored

Xsolla Debuts Xsolla Wallet, Empowering Developers and Creators

Xsolla

Xsolla Debuts Xsolla Wallet, Empowering Developers and Creators

  • Xsolla wallet enables access to embedded finance solutions and instant earnings.
Xsolla
Thursday, 07/03/2024 | 14:09 GMT-0
07/03/2024 | 14:09 GMT-0
News

China's services PMI expansion slowed a touch in April, but remains solid - recap

China's services PMI expansion slowed a touch in April, but remains solid - recap

  • China's Caixin Services and Composite PMIs for April were published earlier
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 03:01 GMT-0
06/05/2024 | 03:01 GMT-0
Central Banks

OECD says the Reserve Bank of New Zealand has limited space for rate cuts this year

OECD says the Reserve Bank of New Zealand has limited space for rate cuts this year

  • Organisation for Economic Co-operation and Development's (OECD) annual survey
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 02:42 GMT-0
06/05/2024 | 02:42 GMT-0
News

Australian Treasurer Chalmers says "within reach" of budget surplus

Australian Treasurer Chalmers says "within reach" of budget surplus

  • Chalmers is under pressure to trim fiscal stimulus given sticky high inflation
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 02:24 GMT-0
06/05/2024 | 02:24 GMT-0
Central Banks

Heads up for European Central Bank President Lagarde speaking Monday

Heads up for European Central Bank President Lagarde speaking Monday

  • This is on the calendar, I'm a little unsure
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 02:10 GMT-0
06/05/2024 | 02:10 GMT-0
News

China Caixin Services PMI for March 52.5 (expected 52.5, prior 52.7)

China Caixin Services PMI for March 52.5 (expected 52.5, prior 52.7)

  • Private survey PMI from China
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 01:45 GMT-0
06/05/2024 | 01:45 GMT-0
USDCAD runs higher and breaks through a series of technical targets along the way.
News

Australian job vacancies April 2024 +2.8% m/m (prior -1%)

Australian job vacancies April 2024 +2.8% m/m (prior -1%)

  • ANZ-Indeed Australian job ads
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 01:43 GMT-0
06/05/2024 | 01:43 GMT-0
Education
Sponsored

Karma3 Labs Raises a $4.5M Seed Round Led by Galaxy and IDEO CoLab to Build OpenRank

Karmalabs

Karma3 Labs Raises a $4.5M Seed Round Led by Galaxy and IDEO CoLab to Build OpenRank

  • Introducing trust and reputation mechanisms is critical to web3.
Karma3
Friday, 01/03/2024 | 16:29 GMT-0
01/03/2024 | 16:29 GMT-0
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.0994 (vs. estimate at 7.2127)

PBOC sets USD/ CNY reference rate for today at 7.0994 (vs. estimate at 7.2127)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 01:15 GMT-0
06/05/2024 | 01:15 GMT-0
News

Australian TD/MI monthly inflation April 2024: 0.1% m/m (prior 0.1%)

Australian TD/MI monthly inflation April 2024: 0.1% m/m (prior 0.1%)

  • Australia's privately surveyed monthly inflation gauge comes from the Melbourne Institute of Applied Economic & Social Research at the University of Melbourne:
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 01:04 GMT-0
06/05/2024 | 01:04 GMT-0
News

New Zealand data: ANZ Commodity Price Index for April 2024: +0.5% m/m (prior -1.3%)

New Zealand data: ANZ Commodity Price Index for April 2024: +0.5% m/m (prior -1.3%)

  • The index tracks the prices of 17 of New Zealand's major commodity exports, including dairy products, meat, wool, forestry products, and seafood.
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 01:02 GMT-0
06/05/2024 | 01:02 GMT-0
Central Banks

Swiss National Bank (SNB) Jordan speaks on CBDC on Monday

Swiss National Bank (SNB) Jordan speaks on CBDC on Monday

  • Jordan on Central Bank Digitial Currency
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 00:47 GMT-0
06/05/2024 | 00:47 GMT-0
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2127 – Reuters estimate

PBOC is expected to set the USD/CNY reference rate at 7.2127 – Reuters estimate

  • China is bag from its holidays today
Eamonn Sheridan
Eamonn Sheridan
Monday, 06/05/2024 | 00:23 GMT-0
06/05/2024 | 00:23 GMT-0
Central Banks

USD/JPY (or should we call it USD/Yellen?) is still racing higher

USD/JPY (or should we call it USD/Yellen?) is still racing higher

  • Yellen speaks, yen slumps
Eamonn Sheridan
Eamonn Sheridan
Sunday, 05/05/2024 | 23:42 GMT-0
05/05/2024 | 23:42 GMT-0
Education
Sponsored

BinaryX IGO to List Project Matthew: Build A Space City With ERC-404 NFTs

binaryx

BinaryX IGO to List Project Matthew: Build A Space City With ERC-404 NFTs

  • Project Matthew is a space-building simulation game.
BinaryX
Thursday, 29/02/2024 | 12:02 GMT-0
29/02/2024 | 12:02 GMT-0
Central Banks

RBA meet this week - "History suggests a rate increase is plausible"

RBA meet this week - "History suggests a rate increase is plausible"

  • An article in Australian financial media is creating a (very) minor ripple in rate hike expectations
Eamonn Sheridan
Eamonn Sheridan
Sunday, 05/05/2024 | 23:33 GMT-0
05/05/2024 | 23:33 GMT-0
Central Banks

HSBC on the yen, "weaker for longer" may be needed

HSBC on the yen, "weaker for longer" may be needed

  • Says the slump in the JPY is key in helping Japan's economy recover
Eamonn Sheridan
Eamonn Sheridan
Sunday, 05/05/2024 | 23:03 GMT-0
05/05/2024 | 23:03 GMT-0
News

ICYMI - Warren Buffett’s Berkshire Hathaway cut its Apple stake in Q1 by 13%

ICYMI - Warren Buffett’s Berkshire Hathaway cut its Apple stake in Q1 by 13%

  • Buffett suggested tax reasons. I wonder?
Eamonn Sheridan
Eamonn Sheridan
Sunday, 05/05/2024 | 22:13 GMT-0
05/05/2024 | 22:13 GMT-0
Central Banks

JP Morgan trim back estimates for ECB rate cuts in 2024 to 75bp, from 100 previously

JP Morgan trim back estimates for ECB rate cuts in 2024 to 75bp, from 100 previously

  • European Central Bank interest rate cut forecast from J. P. Morgan
Eamonn Sheridan
Eamonn Sheridan
Sunday, 05/05/2024 | 21:51 GMT-0
05/05/2024 | 21:51 GMT-0
News

Saudi Arabia raised the price of its crude oil (all grades) to Asia, 3rd straight month

Saudi Arabia raised the price of its crude oil (all grades) to Asia, 3rd straight month

  • Saudi Aramco raised the June official selling price of Arab Light crude for customers in Asia
Eamonn Sheridan
Eamonn Sheridan
Sunday, 05/05/2024 | 21:21 GMT-0
05/05/2024 | 21:21 GMT-0
Central Banks

Reminder - it's a national holiday in Japan on Monday, 6 May 2024. Markets are closed.

Reminder - it's a national holiday in Japan on Monday, 6 May 2024. Markets are closed.

  • Liquidity wil the thinner than normal today.
Eamonn Sheridan
Eamonn Sheridan
Sunday, 05/05/2024 | 21:02 GMT-0
05/05/2024 | 21:02 GMT-0
Education
Sponsored

Backpack Raises $17 Million Strategic Series A Round Led by Placeholder VC

Backpack

Backpack Raises $17 Million Strategic Series A Round Led by Placeholder VC

  • The round attracted strong interest from other leading web3 ecosystem players.
Backpack
Wednesday, 28/02/2024 | 14:08 GMT-0
28/02/2024 | 14:08 GMT-0
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