<p>A majority of surveyed UK firms are delaying making new investments in China according to the British Chamber of Commerce in China.</p><p><a href="https://www.reuters.com/markets/uk-companies-pause-china-investment-decisions-economy-slows-survey-shows-2023-12-12/#:~:text=While%20the%20%22peak%20pessimism%22%20recorded,s
Blogs
Unexpected rise in November US Core CPI could impact future rate cuts timing
<p>US inflation data for November is due at 0830 US Eastern time on Tuesday, 12 December. </p><p>The consensus estimates:</p><p>The range of estimates for important data is good to be aware of. While it seems unlikely that this data for US CPI will be likely to sway the Federal Open Market Committee (FOMC) meeting this
Commercial vessel in flames in the Red Sea – missile attack – Houthi territory in Yemen
<p>There are reports of a commercial vessel (ship) in flames in the Red Sea.</p><ul><li>It was attacked by at least one missile fired from Houthi-controlled territory in Yemen</li></ul><p>Info via two U.S. officials</p><p>—</p><p>A US Defense official confirms that US Navy ship
USD losing ground in Asia trade, USD/JPY back to 145.50
<p>Apaprt from the items already posted there is no fresh news. Volatility in the yen continues with a drop of around 70 points from earlier highs around 146.20. </p><p>AUD, NZD have a pop against the USD but not to the same extent as the uyen move. </p> This article was written by Eamonn Sheridan at […]
Australia's mid-year budget update expected to include approximately A$10bn in savings
<p>Australia's Mid-Year Economic and Fiscal Outlook (the mid-year budget update) is likely to include around A$10 billion in savings. </p><ul><li>Its due on Wednesday, 13 December 2023 </li></ul><p>Finance Minister Katy Gallagher :</p><ul><li>" … our responsible approach wi
Australian November business confidence -9 (prior -2)
<p>National Australia Bank Business Survey for November 2023</p><ul><li>business confidence -9 (prior -2), its lowest since the pandemic</li><li>business conditions + 9 (prior 13)</li></ul><p>Confidence the worst reading since 2012 (excluding during the pandemic). Conditions are still strong. Th
China lifts restrictions on Australian meat imports -ends suspensions on 3 meat suppliers
<p>News crossing that China has ended its restrictions on imports of meat from Australia. 'Suspensions' on 3 meat suppliers removed.</p> This article was written by Eamonn Sheridan at www.forexlive.com.
Japan data: November PPI +0.2% m/m (expected+0.2%) +0.3% y/y (expected 0.1%)
<p>The driver of the yen the past week or so has been feverish, and misplaced, expectations of an imminent Bank of Japan policy pivot. USD/JPY collapsed last Thursday and has recovered almost to where it started to drop. </p><p>—</p><p>The Producer Price Index (PPI) in Japan is also known as the Corporate Goods P
ForexLive European FX news wrap: Dollar sags in run up to CPI
<p>US CPI run up:</p><ul><li><a href="https://www.forexlive.com/news/us-inflation-the-main-event-in-trading-today-20231212/">US inflation the main event in trading today</a></li><li><a href="https://www.forexlive.com/news/inflation-data-today-to-help-keep-the-fed-status-quo-20231212/
The Use of Blockchain Technology in Tracking Funds and Resources
<p><a href="https://nixse.com/signup">Blockchain</a> technology has gained significant attention in recent years due to its potential in revolutionizing various industries. One particular area where blockchain technology has shown promise is in tracking funds and resources. In this article, we will explore how <a href