Blogs

<p>From back on Friday, Nomura on FOMC rate cuts this year, 100bp in total:</p><ul><li><a href="https://www.forexlive.com/centralbank/nomura-forecasts-fed-rate-cuts-of-25bp-in-may-july-september-and-december-2024-20240126/" target="_blank" rel="follow" data-article-link="true">No

<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

<p>Monetary Authority of Singapore policy statement:</p><ul><li> Will maintain the prevailing rate of appreciation of the S$NEER policy band</li><li>There will be no change to its width and the level at which policy band is centred</li></ul><p>More:</p><ul><li>Barring any furth

<p>Oil opened with a gap up in Sunday evening (US time) futures trade:</p><ul><li><a href="https://www.forexlive.com/news/oil-futures-open-higher-after-a-weekend-of-middle-east-escalation-20240128/" target="_blank" rel="follow" data-article-link="true">Oil futures open higher aft

<p>Comments on the Australian dollar via Westpac:</p><ul><li>The flurry of announcements from China aimed either directly or indirectly at the stock market helped drive a 2% weekly gain for the CSI 300. </li><li>This was only the second weekly rise since early November but the fact that Chinese authorities are sh

<p>Earlier:</p><ul><li><a href="https://www.forexlive.com/news/china-property-developer-evergrande-faces-imminent-liquidation-20240129/" target="_blank" rel="follow" data-article-link="true">China property developer Evergrande faces imminent liquidation</a></li></u

<p>China's official Xinhua News Agency reported Sunday that the country plans to merge three of its biggest state-owned managers of bad debts into China Investment Corp. (CIC).</p><ul><li>China Cinda Asset Management Co., </li><li>China Orient Asset Management Co.</li><li>China Great Wall Asset M

<p>The Wall Street Journal reports that Chinese property developer Evergrande faces imminent liquidation after talks with its overseas creditors failed to reach a deal. </p><ul><li>Evergrande and creditors couldn't agree on a restructuring plan</li><li>Talks have have broken down</li><li>Creditor

<p>There are reports that the Biden administration and US military are drawing up specific plans on how to respond to the attack that killed three US troops.</p><p>ICYM the news over the weekend:</p><ul><li><a href="https://www.forexlive.com/news/three-us-soldiers-killed-many-injured-in-drone-attack-in-jo

<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/dollar-sluggish-as-lower-yields-weigh-on-the-session-20240129/">Dollar sluggish as lower yields weigh on the session</a></li><li><a href="https://www.forexlive.com/news/welcome-to-fed-week-20240129/">Welcome to