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Blogs
AUD/USD remains under pressure above 0.6500 ahead of Chinese Services PMI data
The AUD/USD pair remains under some selling pressure during the early Asian session on Monday.
S&P 500 refreshes all-time high, again
The title of this post has been ‘on repeat’ for three weeks; that’s because the S&P 500 pencils in a fresh all-time high (ATH) each week! January ended in unchartered territory, touching a fresh all-time high of 4,931 and adding +1.6%.
Australia Judo Bank Services PMI climbed from previous 47.9 to 49.1 in January
Australia Judo Bank Services PMI climbed from previous 47.9 to 49.1 in January
Australia Judo Bank Composite PMI: 49 (January) vs 48.1
Australia Judo Bank Composite PMI: 49 (January) vs 48.1
South Korea FX Reserves: 415.76B (January) vs previous 420.15B
South Korea FX Reserves: 415.76B (January) vs previous 420.15B
Morgan Stanley expects US equity prices to become choppy, citing ‘late-cycle environment’
<p>Comments from Morgan Stanley Wealth Management on expectations for US stocks ahead:</p><ul><li>High-quality growth stocks are the best places for investors</li><li>equity prices expected to become become choppy</li><li> “In our view, we remain in a late-cycle environment during which markets will o
Australia January Services PMI 49.1 (prior 47.1)
<p>Final S&P Global / Judo Bank Services PMI for January 2024 is 49.1</p><p>(prior 47.1)</p><p>Composite 49.0</p><ul><li>prior 46.9</li></ul><p>We had the manufacturing PMI last week:</p><ul><li><a href="https://www.forexlive.com/news/australia-final
Trump once again confirmed he would impose 60% tariffs on Chinese imports, or higher
<p>If you have your eye on a nice new laptop or whatever, keep an eye on Trump's threats to jack prices higher. Trump has already said he's place a 60% tariff on imports from China:</p><ul><li><a href="https://www.forexlive.com/news/trump-floated-possibility-of-60-tariffs-on-chinese-goods-report-20240128/&q
Economic calendar in Asia 05 February 2024 – Federal Reserve Chair Powell speaking
<p>I posted on Powell speaking back on Thursday (the interview was recorded Thursday), and again over the weekend:</p><ul><li><a href="https://www.forexlive.com/centralbank/fed-chair-powell-speaking-sunday-evening-us-time-globex-asia-fx-markets-will-be-on-edge-20240203/" target="_blank" rel="follo