Blogs

<p>MUFG are forecasting an end to Bank of Japan negative interest rates by March 2024:</p><ul><li>We expect the BoJ will wind down both NIRP and the policy framework for controlling the 10-year JGB yield sometime in Januar – March 2024. </li><li>We think it could decide that the likelihood of achieving the

<p>Its that time again for traders of futures, specifically US equity index futures for this post.</p><p>The 'Roll' date is approaching. </p><p>Via the <a href="https://www.cmegroup.com/trading/equity-index/rolldates.html" target="_blank" rel="nofollow">CME website</a>

<p>Treasurer Chalmers comments:</p><ul><li> Agreed on a new monetary policy statement with RBA</li><li>Reserve Bank board and govt agree that a flexible inflation target is appropriate framework for achieving price stability</li><li>RBA, govt agree that an appropriate goal is consumer price inflation

<p>What a tsunami for USD/JPY on December 7! A massive cascade lower for USD/JPY and yen crosses more widely. </p><p>Looking at it now from a technical perspective, its clear that the slice lower from the break of 144.00 to lows circa 141.75 has been 'gap filled'. Over coming days ther is work to do now […]

<p>New Zealand manufacturing sales volumes down 2.7% in Q3</p><p>Dairy and meat products are NZ's biggest export earners, these declined by 1% in the quarter. </p><p>NZD/USD update, higher overnight with broad USD weakness:</p> This article was written by Eamonn Sheridan at www.forexlive.com.

<ul><li><a href="https://www.forexlive.com/news/us-initial-jobless-claims-220k-versus-222k-estimate-20231207/">US initial jobless claims 220K versus 222K estimate in the current week</a></li><li><a href="https://www.forexlive.com/news/manheim-us-november-used-vehicle-index-21-mm-20231207/"&

<p>more to come</p><p>This snapshot from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar" target="_blank" title="Click here!">access it here</a>.</p><p>The times in the left-most column are GMT.</p><p>The numbers in the rig

<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>Major US stock indices moved higher with the Nasdaq index outperforming. The Dow Industrial Average lagged. A snapshot of the close levels shows:</p><ul><li>Dow Industrial Average rose 62.95 points or 0.17% at 36117.39</li><li>S&amp;P index rose 36.23 points or 0.80% at 4585.58</li><li>Nasdaq i

<ul><li><p>Last Quarter Performance: Broadcom reported revenues of $8.88 billion last quarter, a 0.6% decrease year-on-year, aligning with analyst expectations. </p></li><li><p>Current Quarter Expectations: Analysts anticipate a 4.1% year-on-year revenue growth for Broadcom, estimating revenues to be around