<p>Bank of England Governor Andrew Bailey and other members of the Bank'ss Financial Policy Committee will appear before the House of Commons' Treasury Committee</p><ul><li>Will be addressing questions about the half-yearly Financial Stability Report</li><li>1515 GMT</li><li>1015 US Eastern
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ECB vice President Luis de Guindos is speaking on Wednesday
<p>European Central Bank vice President Luis de Guindos at Spain Investor Day in Madrid, Spain</p><ul><li>at 0900 GMT, which is 0400 US Eastern time </li></ul><p>Keep an ear open for him again around 1930 GMT (1530 US Eastern time ) when he will speak again upon the close of the sessions.</p><p>
PBOC sets USD/ CNY mid-point today at 7.1055 (vs. estimate at 7.1618)
<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>
Senior People's Bank of China official hints at further easing to come
<p>ICYMI, comments from Zou Lan, head of the People’s Bank of China’s (PBOC) monetary policy department in an interview with state media outlet Xinhua News Agency on Tuesday:</p><ul><li>said that the PBOC may use open market operations, medium-term lending facilities and reserve requirements among other monetary policy tools
Chinese equities getting hammered again today
<p>Japanese shares are hitting 34 year highs but the mood isn't so bullish in China. </p><p>The Shangahi Composite has dropped to its lowest since April of 2022. </p><p>The 'bluechip' CSI300 is faring even worse, to its lowest since Q1 2019. </p> This article was written by Eamonn Sheridan at www.f
AUD/USD tracking a little higher despite a beat for CPI data
<p>The data is here from earlier today:</p><ul><li><a href="https://www.forexlive.com/news/australian-november-cpi-43-yy-expected-44-20240110/" target="_blank" rel="follow" data-article-link="true">Australian November CPI 4.3% y/y (expected 4.4%)</a></li></ul>&l
Houthi terrorists launch biggest attack to date on merchant vessels in Red Sea
<p>Via <a href="https://www.cnbc.com/2024/01/09/houthi-militias-launch-biggest-attack-to-date-on-merchant-vessels-in-red-sea.html" target="_blank" rel="nofollow">CNBC</a>:</p><ul><li>U.S. Navy officials tell CNBC four warships from Operation Prosperity Guardian are engaged in the fig
Australian November CPI 4.3% y/y (expected 4.4%)
<p>Australian inflation data. This is the monthly data, not the official quarterly data. </p><p>Comes in at 4.3% y/y</p><ul><li>expected 4.4%, prior 4.9%</li><li>m/m is +0.4%</li></ul><p>Trimmed mean comes in at 4.6%</p><ul><li>prior 5.3%</li></ul><p&
Is HEI stock a buy? An in-depth analysis and strategic trade plan
<p>Investing in stocks requires a blend of strategic planning, market analysis, and a keen understanding of the company in question. For those eyeing Heico Corporation (HEI), it's crucial to weigh the pros and cons while also having a robust trade plan in place. Let’s delve into an integrated analysis that encompasses the investment pote
ForexLive European FX news wrap: Tentative markets, USD/JPY retests 145 mark
<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/central-bank-rate-cut-odds-where-are-we-at-now-20240110/">Central bank rate cut odds.. where are we at now?</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-de-guindos-rapid-pace-of-disinflation-likely-to