<ul><li><a href="https://www.forexlive.com/centralbank/goldman-sachs-project-25bp-federal-reserve-march-rate-cut-followed-by-another-4-this-year-20240116/">Goldman Sachs project 25bp Federal Reserve March rate cut, followed by another 4 this year</a></li><li><a href="https://www.forexlive.com/ne
Blogs
China's sovereign wealth fund says it will help with market stabilization in 2024
<p>I had the news earlier on authorities in China urging institutions not to offload equities:</p><ul><li><a href="https://www.forexlive.com/news/chinese-communist-party-authorities-have-told-some-investors-not-to-sell-stocks-20240116/" target="_blank" rel="follow" data-article-link="tru
Canada December CPI is due Tuesday, 16 January 2024 – preview
<p>A couple of snippet previews of the inflation data due from Canada at 0830 Eastern time.</p><p>TD expect</p><ul><li> headline CPI inflation to firm by 0.2pp to 3.3% YoY in December as base effects from 2022 more than offset a 0.4% decline on the month.</li><li> Our forecast would also see core infl
Chinese Communist Party authorities have told some investors not to sell stocks
<p>The Financial Times with the report:</p><p>Beijing Tells Some Investors Not To Sell As Chinese Stock Rout Resumes</p><p>The FT is gated, but the gist is that authorities in China have told some institutional investors to stop selling equities.</p><p>Due, of course, to the rout in Chinese shares.</p>
Escalation in the Middle East is boosting the US dollar
<p>This news was out a good few hours ago, but its gaining more and more attention, and boosting the dollar, weighing on risk trades:</p><ul><li><a href="https://www.forexlive.com/news/reports-iran-fired-a-ballistic-missile-which-struck-near-the-us-consulate-in-erbil-iraq-20240115/" target="_self">R
USD jumping higher in Asia trade
<p>This news was out a good few hours ago, but as more bums hit seats in front of desks in Asia the US dollar is acting a bid:</p><ul><li><a href="https://www.forexlive.com/news/reports-iran-fired-a-ballistic-missile-which-struck-near-the-us-consulate-in-erbil-iraq-20240115/" target="_self">Reports
What the market is saying and what to watch out for in 2024 – video
<p>Adam appeared in an interview with Bloomberg, outlining his pig picture views for the year ahead. </p><ul><li>The big picture the question is: Will we return to a 2010s style regime of low inflation and low rates? Last week's CPI data showed that we are and I think that's a big tailwind for all risk assets. [&he
Japan PPI December: +0.3% m/m (vs. expected 0.0%, prior +0.2%)
<p>Japan's PPI is also known as the Corporate Goods Price Index, For December 2023:</p><p>+0.3% m/m</p><ul><li>expected 0.0%</li><li>prior +0.2%</li></ul><p>+0.0% y/y</p><ul><li>expected -0.3%</li><li>prior +0.3%</li></ul><p>—
ForexLive European FX news wrap: Dollar jumps higher alongside yields
<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/dollar-extends-gains-in-european-morning-trade-20240116/">Dollar extends gains in European morning trade</a></li><li><a href="https://www.forexlive.com/news/the-antipodean-currencies-fall-to-fresh-five-week-lows-against
The antipodean currencies fall to fresh five-week lows against the dollar
<p>The dollar continues to stay strongly bid in European trading today and that is pitting the antipodean currencies at the lows for the day up against the greenback. AUD/USD is down 1% to 0.6595 currently and NZD/USD down 0.8% to 0.6150 as both currency pairs are seeing a major breakdown on the week. They are […]