ICYMI
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Business
ICYMI – US President Biden calls for tripling tariffs on Chinese steel
President Joe Biden spoke in Pittsburgh, the center of the U.S. steel industry, on Wednesday: “Ultimately, I want fair competition…
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Business
ICYMI – Holzmann says geopolitical risk poses biggest threat to possible ECB rate cut
High Risk Warning: Foreign exchange trading involves a high level of risk which may not be suitable for all investors.…
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Business
ICYMI – Deutsche Bank predicts 3 rate cuts from the European Central Bank in 2024
Deutsche Bank has reduced its forecast for ECB interest rate cuts in 2024 to three, compared to five previously forecast:…
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Business
ICYMI: New bank loans in China grew less than expected in March
Data released on Friday showed that new bank loans in China grew less than expected in March, although up from…
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Business
ICYMI – Goldman Sachs pushes back Fed rate cut call to July (instead of June)
Headlines about this were front-page news earlier, and more so now. Goldman Sachs moved the June convening of the Federal…
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Business
ICYMI – What to watch for in Japanese commentary for an approaching USD/JPY sell intervention
I posted earlier that the Japanese Ministry of Finance (and the Bank of Japan) would review the US CPI report…
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Business
ICYMI from the SNB – Vice President Schlegel on the intervention
High Risk Warning: Foreign exchange trading involves a high level of risk which may not be suitable for all investors.…
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Business
ICYMI – Morgan Stanley raised its Brent crude oil price forecast to $94 (from $90)
High Risk Warning: Foreign exchange trading involves a high level of risk which may not be suitable for all investors.…
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Business
ICYMI – Bank of America says rising oil prices (>$100) will prevent central bank from cutting rates
Bank of America is wary of rising commodity prices: “Even if the evolution of commodity prices does not call into…
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Business
ICYMI – PIMCO now expects only two rate cuts from the Federal Reserve this year. Were previously at 3 hours.
Friday’s US jobs report on non-farm payrolls was scorching: Forexlive Americas FX News Roundup: US Dollar Jumps on Hot NFP,…
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