Reminder: The Fed blackout period starts this Saturday but a rate cut is now more... The Fed blackout period starts the second Saturday preceding an FOMC meeting and ends the Thursday following the meeting. Federal Reserve policy limits the extent to which FOMC participants and staff can speak publicly or grant interviews during Federal Reserve ...
Germany November Ifo business climate index 88.1 vs 88.5 expected Prior 88.4Current conditions 85.6 vs 85.5 expectedPrior 85.3Expectations 90.6 vs 91.4 expectedPrior 91.6The German business morale dipped slightly in the latest month, with the expectations/outlook index also easing. This reaffirms a more cautious mood surrounding business sentiment in Europe's largest ...
EU trade chief says had productive talks with US camp Had productive talks with Lutnick, Greer in the last two daysMore work lies ahead on steel in trade talks with the USWill discuss aspect of critical, raw materials with US counterpartsIt doesn't sound like there was much to take from ...
Reminder: It will be a bit of a holiday-shortened trading week With the US government shutdown ending, we'll slowly see more data releases over time in catching up. And this week will feature PPI, retail sales, and durable goods orders from the US - the ones for September at least. While ...
What are the main events for today? In the European session, the only highlight is the German IFO, which is expected at 88.5 vs 88.4 prior. The data is not going to change anything for the ECB, so the market reaction will likely be muted.In the American ...
The risk mood keeps the calm to start the new week, for now at least This story here on Friday helped to lift the market mood but as a caveat, it's been one that has made it in and out of the headlines for quite a number of months already. But in a time when ...
Trump: Tariffs will bring wealth to the US like "never been seen before" As per his latest post on Truth Social:"Despite the massive amount of money being made by the United States of America, Hundreds of Billions of Dollars, as a direct result of Tariffs being charged to other countries, the full benefit ...
investingLive Asia-Pacific FX news wrap: Russia-Ukraine peace. US upbeat, still work to do China–Japan flight cancellations surge, expected to hit one-month high on Dec. 27Barclays: Risk assets, USD poised for firmer footing into 2026Reserve Bank of India reported intervening in FX market to support the rupeeBarclays: Powell likely to break close FOMC split ...
China–Japan flight cancellations surge, expected to hit one-month high on Dec. 27 A growing number of flights from mainland China to Japan are being cancelled, with 12 major routes already scrapping all scheduled services for the coming week, according to data from industry tracker Flight Master. As of 10 a.m. Monday, cancellations ...
Barclays: Powell likely to break close FOMC split in favour of cut Barclays Research says next month’s Federal Reserve decision remains a close call, but Chair Jerome Powell is still positioned to tilt the Federal Open Market Committee toward a rate cut.In its assessment of recent public remarks, Barclays sees a split ...
South Korea sees scope to cooperate with Taiwan on US chip tariffs South Korea sees potential to coordinate with Taiwan on how to navigate US chip tariffs, according to Trade Minister Yeo Han-koo. Speaking in a radio interview, Yeo said Taiwan is also in talks with Washington, creating scope for both export-heavy ...
Japan’s early 2026 wage signals strengthen case for BOJ rate hike Early signals from Japan’s 2026 wage talks point to another solid round of pay increases, strengthening expectations that the Bank of Japan could raise interest rates soon. Info via Reuters. In brief:Labour unions, including Rengo, representing seven million workers, plan ...
WSJ’s Timiraos: New Fed chair may struggle to deliver Trump’s desired rate cuts A central question emerging from Washington and Wall Street alike is whether Donald Trump could engineer rapid interest-rate cuts simply by replacing Federal Reserve Chair Jerome Powell in 2026. But as Nick Timiraos of The Wall Street Journal argues, the ...
PBOC sets USD/ CNY reference rate for today at 7.0847 (vs. estimate at 7.1162) The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the ...
PBOC is expected to set the USD/CNY reference rate at 7.1162 – Reuters estimate People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a ...
ICYMI - Japanese markets are closed for a holiday today. Japanese markets are closed today for Labor Thanksgiving Day, which fell on November 23 (but being observed on November 24).Earlier:Japan signals greater readiness for early yen intervention - may come before 160
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US and Ukraine refine peace plan as major hurdles remain The United States and Ukraine say they have developed an “updated and refined” peace framework aimed at ending the war with Russia, revising an earlier Trump administration proposal that Kyiv and European partners viewed as overly favourable to Moscow. Info ...
NZIER Shadow Board majority recommends a 25bp RBNZ OCR cut to 2.25% this week A majority of members on the New Zealand Institute of Economic Research (NZIER) Monetary Policy Shadow Board are urging the Reserve Bank of New Zealand to deliver another 25-basis-point cut at its November Monetary Policy Statement, taking the Official Cash ...
Goldman forecasts December Fed interest rate cut, then another in March, then June of 2026 Goldman Sachs expects the US Federal Reserve to deliver a third consecutive rate cut at its December meeting.GS see moderating inflation and cooling labour-market conditions as giving policymakers room to ease further.then anticipates two additional reductions in 2026, one in ...
Swiss inflation to rise slightly, zero-rate stance remains appropriate says SNB’s Schlegel Swiss National Bank President Martin Schlegel spoke on Saturday. Schlegel signalled that Switzerland’s exceptionally low inflation is set to pick up modestly, even as overall price growth remains comfortably within the SNB’s definition of price stability.Noted that inflation currently ...
Boston Fed’s Collins undecided on next rate move, cites inflation risks Boston Federal Reserve President Susan Collins signalled that she remains undecided about whether to support another rate cut at the Fed’s upcoming meeting.Speaking to reporters on Saturday at the Boston Fed’s annual economic conference, Collins said she never commits to ...
Trump to unveil plan urging Congress to halt ACA premium spikes President Donald Trump is preparing to unveil a broad plan aimed at curbing rising health-care costs, with an announcement expected as early as Monday, according to senior White House officials.The initiative will call on Congress to deliver legislation that prevents ...
Economic calendar in Asia Monday, November 24, 2025 - quiet one, Japan is on holidays... It's a very sparse data calendar for the session here in APac on Monday, November 24, 2025. There is data from Singapore:October Core CPI, prior + 0.4% y/yHeadline CPI, prior 0.40% m/mHeadline CPI, prior + 0.7% y/yDue at 0500 ...
Multiple airlines have suspended flights to Venezuela citing rising tensions Multiple airlines have suspended flights to Venezuela citing rising tensionsThe US has been, and is continuing, ramping up military presence and pressure in the region, leading to speculation of some sort or imminent action.
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Rubio says Ukraine talks make most productive progress to date, still further talks ahead US Secretary Marco Rubio said negotiations aimed at securing a framework to end the war in Ukraine made their strongest advance yet, describing the latest round of talks as “the most productive day we have had” since diplomatic engagement began.Rubio ...
Canada and India revive stalled talks for major new trade deal Canada and India have agreed to restart negotiations on a comprehensive trade pact, ending a two-year freeze triggered by a diplomatic dispute.Canadian Prime Minister Mark Carney and India’s Prime Minister Narendra Modi reached the breakthrough during their bilateral meeting on ...
Newsquawk Week Ahead: US Retail Sales, RBNZ, UK Budget, Australian CPI, Tokyo CPI Mon: Bank of Israel Announcement; German Ifo (Nov), US National Activity Index (Oct), Dallas Fed Manufacturing Index (Nov)Tue: PBoC MLF; US Consumer Confidence (Nov), Richmond Fed (Nov), US Retail Sales (Oct)Wed: RBNZ Announcement, UK Autumn Budget; Australian CPI (Oct), ...
investingLive Americas market news wrap: Fed's Williams to the rescue Fed's Williams: Downside risks to employment have increasedUS November S&P Global services flash PMI 55.0 vs 54.6 expectedUS November final UMich consumer sentiment 51.0 vs 50.5 expectedUS real weekly earnings for September -0.1% versus -0.3% in AugustCanada September retail sales ...
AUDUSD Technicals: The AUDUSD bounces off swing area and moves up to 200 day MA The AUDUSD is caught in a technical sandwich. Buyers found a floor at a key long-term swing area, but the recovery rally has run smack into a wall of resistance against a key MA. .If you look at the 4-Hour ...
The Trump Put is undefeated The President of the United States judges himself -- seemingly every day -- on the value of the Dow Jones Industrial Average.He is a person that can't stand to see stock markets go down, even for a brief period. He ...
GBPUSD technicals. Buyers making a break above swing level and tests 100 hour MA The GBPUSD is waking up and trying to take more control with a push to the upside, but there is work to be done.Looking at the hourly chart of the GBPUSD, the pair has been battling back and forth, trying ...
Putin: Has received the US plan for peace. We have been down this road before, but Russian Pres. Putin is saying:He received the US plan for Ukraine.Think they can be a basis for final resolution. Text was not discussed with Russia.Says that Ukraine is against the plan.Russia is ...
Atlanta Fed GDPNow growth estimate for Q3 remains at 4.2% The Atlanta Fed GDPNow growth estimate for Q4 remained at 4.2%. That is still at the highs for the quarter. In their own wordsThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter ...
BOJ's Masu: BOJ is close to decision to raise rates BOJ's Masu to Nikkei says:BOJ is close to decision to raise ratesSays it's not good for real interest rates to be deeply negativerelationship with the neutral rate of interest rate. Japan's policy rate is lower than the neutral rate. He ...
October CPI has been canceled. November CPI will be released on November 18 Like the US employment report, the BLS is saying that the CPI report for October will NOT be released, and that the November report will be released on December 18. That is after the December FOMC rate decision on December ...
Trump: Ukraine is losing land. Thursday is an appropriate deadline for Ukraine plan Pres. Trump is saying:Ukraine is losing land Russian Pres. Putin does not want to get more landThursday is an appropriate deadline for Ukraine planMeanwhile: Ukraine, France, Germany, and UK are reportedly working on a counterproposal to US peace plan. The ...
ECB's Muller: Seems we have inflation close enough to 2% for foreseeable future Must remain vigilantSeparately from the ECB's Kocher:There are geopolitical and economic risks that are at a level we haven't seen in a long timeAt the moment, we seem to be in a good place
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USDJPY corrects lower. Tests the 100 hour MA as the first key downside target The USDJPY has experienced weakness in the last hour, extending its decline to the 100-hour moving average at 156.28, with a low print of 156.22 just beneath it.The 100-hour MA is the initial key target for sellers seeking to continue ...
US wholesale sales for August 0.1% versus 0.4% estimate Prior month 1.3% (revised from 1.4%)Wholesale sales for the month of August 0.1% versus 0.4% estimate.Wholesale inventories 0.0% versus -0.2% estimate. Inventory to sales ratio 1.28 months versus 1.28 months last month.The ratio is near the low levels going back ...
US November final UMich consumer sentiment 51.0 vs 50.5 expected Prelim was 50.5Prior was 53.6Conditions 51.1 vs 58.6 priorExpectations 51.0 vs 50.3 priorThe UMich numbers are unreliable and haven't tracked consumer spending for a long time.
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US November S&P Global services flash PMI 55.0 vs 54.6 expected Prior was 54.8Manufacturing 51.9 vs 52.0 expPrior manufacturing 52.5Composite PMI 54.8 vs 54.5 priorPrior composite 54.6Chris Williamson, Chief Business Economist at S&P
Global Market Intelligence:
“The flash PMI data point to a relatively buoyant US
economy in November, signalling annualised GDP growth
of about ...
USDCHF Technicals: The USDCHF is pushing to - and through - a key ceiling target... The USDCHF pushed up to the high end of the 0.8066-0.8076 key swing area yesterday, where sellers emerged and subsequently pushed the price lower today.Today's decline found support just ahead of the broken 61.8% retracement at 0.80295, sparking a renewed ...
USDCAD Technicals: The USDCAD is trading up and down with clearly defined ceilings/floors The USDCAD experienced fluctuating movement today after extending its upward trajectory yesterday, surpassing a key swing area near 1.40791. Yesterday's high also tested and stalled at another significant swing area around 1.41049.Today, following a brief and quickly rejected attempt to ...
Fed's Logan says should hold rates 'for a time' to assess Repeats she would find it difficult to support Dec rate cutInflation too high, jobs market roughly balancedRepeats that Oct cut was not warrantedMore from Collins:Global economic fragmentation could make economy more volatileFragmentation could lead to higher inflationHigher economic volatility could ...
Fed's Collins: September jobs data was mixed Earlier Collins said leaving rates steady would be “appropriate for now”Calls policy "mildly restrictive"The battle over rates picked back up as Williams had some dovish comments today, that boosted the odds of a December cut back above 50% and ...
The USD is mixed vs the major currencies to kickstart the day. TGIF The USD is little changed in up and down trading vs both the EUR and the GBP, while the greenback is lower vs the JPY as some profit taking from the run higher kicks in to end the trading week. ...
December rate cut odds jump above 50% as Fed's Williams says they can still cut... We are seeing US equities catching some nice bids after Fed's Williams said that they can still cut rates in the near term given the modestly restrictive policy. The December rate cut odds jumped to roughly 60% after his dovish ...
Fed's Williams: Downside risks to employment have increased Tariffs have increased prices but are not expected to lead to persistent inflationInflation progress has stalled but should be on track to 2% in 2027Fed can still cut rates in the near term given current policy is moderately restrictiveEconomic growth ...
ECB's de Guindos: Risks to growth are balanced Growth news is better than expectedInterest rate level is appropriate based on information and indicatorsSame old comments here from de Guindos. He acknowledges the pickup in economic activity given the previous rate cuts and the expansionary fiscal policies.ECB members have ...
How have interest rate expectations changed after this week's events? Rate cuts by year-endFed: 8 bps (67% probability of no change at the upcoming meeting)2026: 94 bpsECB: 1 bps (97% probability of no change at the upcoming meeting)2026: 10 bpsBoE: 22 bps (83% probability of rate cut at the upcoming ...
ECB's Lagarde: Will continue adjust policy as needed to ensure inflation remains at target ECB rate cuts are increasingly supporting financing conditionsFiscal packages will have a measurable growth effectShe's not deviating from her recent comments as the ECB remains in neutral stance watching how the economy evolves.
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Nasdaq Market Update from orderFlow Intel at investingLive.com investingLive.com Stock Market Update NowNasdaq Futures Struggle After Yesterday’s Reversal. Caution Still WarrantedNasdaq futures remain under pressure this morning after a dramatic session yesterday that caught many traders off guard. The market opened Wednesday with strong enthusiasm following Nvidia’s earnings ...
Ueda:inflation to converge around our target sometime from latter half of next fiscal year More from BOJ Gov Ueda: Expect inflation to converge around our target sometime from latter half of next fiscal year through fiscal 2027Earlier:BoJ Gov Ueda says prospect of economy, price forecasts materializing increasing (rate hikeBank of Japan Governor Ueda says ...
Offshore yuan not artificially cheap, Mizuho says, citing stronger regional positioning Claims that China is deliberately weakening the offshore yuan are misplaced, according to Mizuho Securities. In a research note said the yuan is neither undervalued nor being artificially cheapened, and that criticism of the currency as “controlled” ignores key evidence.Noted ...
BoJ Gov Ueda says prospect of economy, price forecasts materializing increasing (rate hike Bank of Japan Governor Kazuo Ueda said the central bank’s baseline view remains to continue raising interest rates if the economy and inflation evolve as projected, signalling growing confidence that the BOJ’s forecasts are on track. Ueda noted that the ...
Japan says debt ratio to edge lower as govt, BOJ work toward stable inflation Japan’s Finance Minister Satsuki Katayama said the government expects the country’s debt-to-GDP ratio to fall slightly from last year’s level, even after compiling an extra budget to finance its latest stimulus package. The remarks aim to reassure markets concerned about ...
PBOC sets USD/ CNY reference rate for today at 7.0875 (vs. estimate at 7.1154) The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the ...
AUDUSD Technicals: The AUDUSD has defined the topside resistance and the downside support The AUDUSD tested the downside yesterday, briefly breaking below its 200-day moving average for the first time since June. That move quickly failed, however, and the pair rotated back to the upside.Today, after the U.S. data release, the AUDUSD pushed ...
Nvidia Technicals: Nvidia lifts off and extends above key technical levels. Nvidia shares are taking off. They are currently up around 3.9% at $193.80 after beating earnings and guiding higher than expectations going forward.Technically speaking, the move to the upside as increase the bullish bias:Looking at the daily chart, the price ...
USDCHF Technicals: USDCHF trades higher but runs into topside target. Finds some sellers. The USDCHF has traded higher this week. Yesterday, the run higher took the price above a key cluster of technical levels including the 200 bar moving average on the 4 hour chart (Green line on the chart below), the 50% ...
GBPUSD stays below the swing area resistance up to 1.30956 There was sharp two-way volatility in the GBPUSD following the U.S. data release at 8:30 AM ET. The pair initially dropped to a low of 1.30425, then quickly reversed higher, with the rebound extending to 1.3095.On the hourly chart, that ...
The USD is higher ahead of the US September jobs report. Nvidia earnings beat lifts... The US Dollar is the strongest of the majors to kickstart the North American session, extending the technical breakout we saw yesterday.The Driver: "Fed Flying Blind" in December?
The FX market is repricing the Fed's December path following word that the ...
Nasdaq 100 analysis today with tradeCompass (Nov 20, 2025) How to Trade Nasdaq Futures Today with tradeCompassAt the time of this tradeCompass analysis, Nasdaq 100 futures are around $25,104, trading just above the bullish threshold at $25,095, so the map is currently tilted to the bullish side.Summary tradeCompass mapBullish ...
GBPUSD Technicals:The GBPUSD is pushing lower and looks toward the lows from November next The GBPUSD is pressing to fresh lows as markets digest a combination of UK CPI results, the BLS decision to delay the U.S. jobs report, and a clean technical breakdown. On the hourly chart, the pair has slipped below the ...
AUDUSD Technicals: AUDUSD falls below the 200 day MA. Can the momentum continue? The AUDUSD is pressing to fresh session lows, and in doing so has broken decisively below the 200-day moving average at 0.6458. That’s notable because the pair has not traded below the 200-day MA since October 17, making today’s move ...
USDJPY Technical: The USDJPY has stretched to the topside target at 156.733. Key level. In yesterday’s USDJPY video, I highlighted the upside roadmap given the strong trend bias. At the time, I noted that a break above 155.43 would open the door toward the next target at 155.88, and that a move above that ...
EURUSD Technicals: The EURUSD is breaking lower and tests a key floor/ceiling area The EURUSD has fallen sharply after testing key resistance in the early U.S. session, where sellers stepped in decisively. As outlined in today’s Kickstart video, that resistance area capped the upside and sparked a reversal. The decline has now pushed ...