A look at the day ahead in European and global markets from Stella Qiu
Tue, 25 Feb 2025 00:45:55 -0500
Dollar gained slightly overnight, buoyed by mild risk aversion and ongoing tariff threats from President Donald Trump. However, the lack of follow-through momentum in the greenback suggests traders remain hesitant to commit to large directional bets amid persistent policy uncertainty.
Tue, 25 Feb 2025 00:18:17 -0500
The Indian rupee is likely to decline at open on Tuesday in the wake of renewed worries over U.S. tariffs, which helped the dollar claw back losses.
Mon, 24 Feb 2025 22:04:44 -0500
Bloomberg reported in a gated story carried early Tuesday, US President Donald Trump's administration seeks to tighten chip controls on China.
Mon, 24 Feb 2025 21:47:00 -0500
Bloomberg reporting (gated) - in brief: Trump's admin seeking to further tighten chip controls on China Pushing for Japan and Netherlands to align on US China restrictions Considering tighter controls on Nvidia (NVDA) chip exports to China US also considering tigher restrictions on SMIC and SCMT This article was written by Eamonn Sheridan at www.forexlive.com.
Mon, 24 Feb 2025 21:33:44 -0500
The Japanese Yen (JPY) drifts lower for the second straight day, which, along with a further US Dollar (USD) recovery from over a two-month low, lifts the USD/JPY pair back above the 150.00 psychological mark during the Asian session on Tuesday. Bank of Japan Governor Kazuo Ueda said last week that the central bank stands ready to increase government bond buying if long-term interest rates rise sharply.
Mon, 24 Feb 2025 21:21:57 -0500
The dollar rose on Tuesday after falling to its lowest in more than two months at the start of the week, buoyed by safe-haven flows after U.S. President Donald Trump said tariffs on Mexico and Canada would proceed as planned.
Mon, 24 Feb 2025 20:51:42 -0500
The People's Bank of China (PBOC), China's central bank, injected CNY300 billion on Tuesday via the one-year Medium-term Lending Facility (MLF), maintaining the rate at 2%.
Mon, 24 Feb 2025 20:49:49 -0500
Chicago Fed President Austan Goolsbee emphasized the need for caution before resuming rate cuts, citing uncertainty over the economic impact of the Trump administration's policies.
Mon, 24 Feb 2025 20:48:11 -0500
BoE MPC member Swati Dhingra, one of the most dovish voices on the committee, reinforced her call for faster rate cuts. She argued that policy remains overly restrictive despite ongoing disinflation.
Mon, 24 Feb 2025 20:41:53 -0500
WTI crude oil remains under bearish pressure due to supply concerns, while natural gas prices show strength amid strong heating demand.
Mon, 24 Feb 2025 20:41:43 -0500
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) for the third consecutive session on Tuesday. Investors eagerly anticipate Australia's monthly inflation report on Wednesday, as it's expected to offer crucial insights into the future course of monetary policy after the Reserve Bank of Australia's (RBA) recent hawkish rate cut.
Mon, 24 Feb 2025 20:39:58 -0500
Goldman Sachs believes copper market is poised for another sustainable step-up in its price range, to $10,500-$11,500/t. Expects deficits of 180kt and 250kt in 2025 and 2026 for copper.
Mon, 24 Feb 2025 20:27:43 -0500
South Korea BoK Interest Rate Decision in line with forecasts (2.75%)
Mon, 24 Feb 2025 20:00:32 -0500
French President Emmanuel Macron spoke late Monday in a TV interview after his meeting with US President Donald Trump on Monday. Macron said that the European Union is set to announce short-term defense financing.
Mon, 24 Feb 2025 19:58:00 -0500
BoE's Dhingra: We are already at high level of monetary policy restrictiveness
Mon, 24 Feb 2025 19:11:35 -0500
Federal Reserve Bank of Chicago President Austan Goolsbee said late Monday that the US central bank needs more clarity before going back to cut the interest rates.
Mon, 24 Feb 2025 19:01:21 -0500
Japan PPI Services for January +3.1% y/y expected +3.1%, prior +2.9% This article was written by Eamonn Sheridan at www.forexlive.com.
Mon, 24 Feb 2025 18:52:14 -0500
Japan Corporate Service Price Index (YoY) increased to 3.1% in January from previous 2.9%
Mon, 24 Feb 2025 18:50:49 -0500
US President Donald Trump said Monday that sweeping US tariffs on imports from Canada and Mexico “will go forward” when a month-long delay on their implementation expires next week. “The tariffs are going forward on time, on schedule,” Trump said Monday from the White House during a joint press conference with French President Emmanuel Macron.
Mon, 24 Feb 2025 18:22:00 -0500