Japan finance minister Kato: Will take appropriate action versus excessive FX moves

Japans finance minister Kato: Will take appropriate action versus excessive FX moves one-sided, sharp moves seen in FX market. Important for FX rates to move stably reflecting fundamentals.

Thu, 14 Nov 2024 21:12:10 -0500

Japan's Kato: Will take appropriate action vs. excessive FX moves

Japan's Finance Minister Katsunobu Kato on Friday that he “will take appropriate action vs. excessive FX moves.

Thu, 14 Nov 2024 21:09:05 -0500

China retail sales euro year for October 4.8% versus 3.8% expected

Prior month 3.2% Retail sales 4.8% versus 3.8% expected This article was written by Greg Michalowski at www.forexlive.com.

Thu, 14 Nov 2024 21:02:14 -0500

China's October Retail Sales beat estimates, Industrial Production disappoints

China's October Retail Sales increased 4.8% YoY vs. 3.8% expected and 3.2% in September, while the country's Industrial Production rose 5.3% YoY in the same period vs.

Thu, 14 Nov 2024 21:02:00 -0500

China October unemployment rate for 5.0% versus 5.1% expected

Prior month 5.1% Unemployment rate 5.0% versus 5.1% expected This article was written by Greg Michalowski at www.forexlive.com.

Thu, 14 Nov 2024 21:01:11 -0500

NZ BNZ manufacturing falls to 45.8, further contraction but new orders show signs of recovery

New Zealand's BusinessNZ Performance of Manufacturing Index dropped from 47.0 to 45.8 in, marking its lowest point since July and extending the sector's contraction for a 20th straight month. The reading underscores continued struggles in the manufacturing sector, despite recent RBNZ rate cuts.

Thu, 14 Nov 2024 21:01:02 -0500

China Retail Sales (YoY) above forecasts (3.8%) in October: Actual (4.8%)

China Retail Sales (YoY) above forecasts (3.8%) in October: Actual (4.8%)

Thu, 14 Nov 2024 21:00:34 -0500

China industrial production 5.3% versus 5.6% estimate

Prior month 5.4% This article was written by Greg Michalowski at www.forexlive.com.

Thu, 14 Nov 2024 21:00:27 -0500

China Fixed Asset Investment (YTD) (YoY) registered at 3.4%, below expectations (3.5%) in October

China Fixed Asset Investment (YTD) (YoY) registered at 3.4%, below expectations (3.5%) in October

Thu, 14 Nov 2024 21:00:03 -0500

China Industrial Production (YoY) below forecasts (5.6%) in October: Actual (5.3%)

China Industrial Production (YoY) below forecasts (5.6%) in October: Actual (5.3%)

Thu, 14 Nov 2024 21:00:02 -0500

Japan's economy minister : Expects modest economic recovery to continue

Expects modest economic recovery to continue, driven by improving employment and wage environment. Need to carefully monitor downside risk from overseas economies and volatility in financial, capital markets.

Thu, 14 Nov 2024 20:54:32 -0500

Fed's Powell: Rate moving towards neutral, but no rush to cuts

Fed Chair Jerome Powell conveyed in a speech overnight that the central bank sees no immediate need to reduce interest rates quickly. He added that with an “appropriate recalibration” of monetary policy, Fed believes it can sustain economic growth and robust employment while guiding inflation back down to its 2% target in a sustainable manner.

Thu, 14 Nov 2024 20:52:29 -0500

Australian Dollar continues to face downward pressure amid a strong US Dollar

The Australian Dollar (AUD) continues its decline for the sixth consecutive session on Friday, hovering near three-month lows against the US Dollar (USD). The recent downward trend in the AUD/USD pair is largely due to key economic data from Australia.

Thu, 14 Nov 2024 20:48:34 -0500

Japan's Akazawa: Expect modest economic recovery to continue

Japan's Economy Minister Ryosei Akazawa said on Friday that he “expects modest economic recovery to continue, driven by improving employment and wage environment.”

Thu, 14 Nov 2024 20:45:00 -0500

China's home prices year on year for October -5.9% (previous -5.8%

All China Oct New Home Prices: -5.9% YoY (Sept -5.8%) All China Oct New Home Prices: -0.5% MoM (Sept -0.7%) Regionally: China Oct Shenzhen New Home Prices: -8.1% YoY (Sept -8.6%) China Oct Shenzhen New Home Prices: +0.1% MoM (Sept -1.0%) China Oct Guangzhou New Home Prices: -10.4% YoY (Sept -10.3%) China Oct Guangzhou New Home Prices: -0.7% MoM (Sept -0.9%) China Oct Shanghai New Home Prices: +5.0% YoY (Sept +4.9%) China Oct Shanghai New Home Prices: +0.3% MoM (Sept +0.6%) China Oct Beijing New Home Prices: -4.9% YoY (Sept -4.6%) China Oct Beijing New Home Prices: -0.7% MoM (Sept -0.7%) This article was written by Greg Michalowski at www.forexlive.com.

Thu, 14 Nov 2024 20:44:19 -0500

China House Price Index fell from previous -5.7% to -5.9% in October

China House Price Index fell from previous -5.7% to -5.9% in October

Thu, 14 Nov 2024 20:30:39 -0500

Dollar sits atop one-year peak as Powell sends yields up, shares hesitant

The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal Reserve chief sent short-term Treasury yields higher, leaving Wall Street futures in the red and most Asia markets struggling.

Thu, 14 Nov 2024 20:28:14 -0500

Dollar eyes weekly gain on slower Fed easing, inflation outlook

The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate cuts and the view that Donald Trump's policies could further stoke inflation when he assumes office in January.

Thu, 14 Nov 2024 20:01:18 -0500

WTI holds steady near $68.50, renewed US dollar demand might cap its upside

WTI holds steady near $68.50, renewed US dollar demand might cap its upside

Thu, 14 Nov 2024 19:13:50 -0500

Japan Gross Domestic Product Deflator (YoY) fell from previous 3.2% to 2.6% in 3Q

Japan Gross Domestic Product Deflator (YoY) fell from previous 3.2% to 2.6% in 3Q

Thu, 14 Nov 2024 19:07:22 -0500

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