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<p>This could have implications for the oil market. </p><p> Venezuelan President Nicolas Maduro agreed a deal a deal with the political opposition for elections to be held later this year. This deal caused the United States to temporarily ease oil sanctions on Venezuela.</p><p>But President Maduro has now warned that t

<p>US inflation data is due on Friday, 26 January 2024 at 8.30 am US Eastern time:</p><p>I posted a preview here:</p><ul><li><a href="https://www.forexlive.com/news/goldman-sachs-preview-what-to-expect-in-the-us-inflation-data-due-later-20240125/" target="_blank" rel="follow" data

<p><a href="https://www.wsj.com/world/middle-east/national-security-adviser-jake-sullivan-to-meet-chinas-wang-yi-for-talks-on-houthi-attacks-in-red-sea-51f28d8f" target="_blank" rel="nofollow">Wall Street Journal (gated) reports</a> that the two will meet in Bangkok</p><ul><li> to di

<p>I don't know much credence to place in this report, but here it is:</p><ul><li>North Korea’s leader, Kim Jong-un, could take some form of lethal military action against South Korea in the coming months after having shifted to a policy of open hostility, U.S. officials say. </li><li> The officials have ass

<p>Japanese Services PPI for December as expected at 2.4% y/y</p><ul><li>expected 2.4%, prior 2.3%</li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>Two of the three measures have shunted back below the Bank of Japan 2% target. </p><p>Tokyo headline for January 1.6% y/y</p><ul><li>expected 2.0%, prior 2.4%</li></ul><p>CPI Excluding Fresh Food 1.6% y/y, the slowest for this measure since March 2022</p><ul><li>expected 1.9

<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/us-futures-trim-losses-on-the-session-eyes-us-pce-price-report-20240126/">US futures trim losses on the session, eyes US PCE price report</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-vuji-there-was-no

<p>USD</p><ul><li>The Fed <a href="https://www.forexlive.com/news/fomc-decision-no-change-to-rates-2024-median-dot-46-vs-49-expected-20231213/">left interest rates unchanged</a> as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. </li><l

<p>The sources say that the meeting on 1 February will see no recommendations on oil output policy. Adding that a decision on whether or not to extend the voluntary output cuts into April would only likely come at the end of February. One of the sources did warn that the decision's timing was not yet […]

<ul><li>Interest rates should start to go down</li><li>But ECB is in no rush to begin the process for now</li><li>Cutting rates too early would be by all mean worse than waiting just a bit</li><li>There’s the risk that inflation starts to come back and then one would need to raise rates much more</