<p>Australia's Q4 inflation data is due on Wednesday, 31 January 2024</p><ul><li>at 11.30 am Sydney time, 0030 GMT and 1930 US Eastern time </li></ul><p>Note, there will be data for the December monthly CPI (underlined, this is the monthly CPI and is not the main focus) alongside the quarterly CPI. The
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Morgan Stanley expects only slow rate cuts from the Fed – want to be sure inflation lower
<p>A senior portfolio manager for U.S. equities at Morgan Stanley Investment Management was interviewed by Dow Jones.</p><p>On the Federal Open Market Committee (FOMC), expects only slow rate cuts this year, to be "patient".</p><ul><li>economy appears strong</li><li>the Fed has "time to
Swiss National Bank Chairman Thomas Jordan will speak on Tuesday to journalists
<p>At 0530 US Eastern time, 0930 GMT:</p><ul><li> Swiss National Bank Chairman Thomas Jordan will speak at Club der Zuercher Wirtschaftsjournalisten (Business Journalists club)</li></ul><p>Jordan has been hitting the speakers circuit hard. </p><ul><li><a href="https://www.forexlive
ECB speakers Tuesday include Lane and Nagel
<p>0400 US Eastern time / 0900 GMT </p><ul><li>Opening remarks by ECB chief economist Philip Lane at conference 'A year with the euro in Croatia' organised by Hrvatska Narodna Banks (Croatian National Bank, the country's central bank) in Zagreb, Croatia</li></ul><p align="left">1030
PBOC sets USD/ CNY mid-point today at 7.1055 (vs. estimate at 7.1763)
<p>The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.</p><ul><li>USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.</li><li>CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.</li>
Wall Street Journal hints at why "A little dual easing soon" from the Fed could happen
<p>The Wall Street Journal is gated:</p><ul><li><a href="https://www.wsj.com/economy/central-banking/fed-interest-rate-easing-timing-4ec5768d" target="_blank" rel="nofollow">A Little Dual Easing Soon Could Help the Fed Avoid Major Easing Later</a></li></ul><p>The
PBOC is expected to set the USD/CNY reference rate at 7.1763 – Reuters estimate
<p>People's Bank of China USD/CNY reference rate is due around 0115 GMT.</p><p>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 yuan
ICYMI: ECB's Villery says the Bank could cut rates at any time this year, all options open
<p>Bank of France governor and European Central Bank Governing Council member François Villeroy de Galhau spoke over the weekend:</p><ul><li>“We will cut our rates this year,” </li><li>“Regarding the exact date, not one is excluded, and everything will be open at our next meetings.” </li><li>Bank has
GDP data set to highlight the agenda in Europe today
<p>The dollar lost some ground yesterday after bond yields dropped following the Treasury quarterly refunding estimate <a href="https://www.forexlive.com/news/treasury-q1-quarterly-refunding-estimate-760-vs-816-billion-prior-20240129/" target="_blank" rel="follow">here</a>. 10-year Treasury yields are
Japan's Kishida says will do "everything possible" to bolster household income
<ul><li>The biggest mission for my administration is to revive the economy</li><li>The economy, particularly wage hikes, is an urgent issue</li><li>By achieving wage hikes, will build a positive mindset in society that it's natural for wages to rise</li></ul><p>These are similar comments fr