mohmadomar130
He liked
NZ GDP cements expected RBNZ rate cuts
ASB on the New Zealand GDP data and what it means for the Reserve Bank of New Zealand
GDP ,,, modestly above market expectations, but in line with the ASB/RBNZ pick
Growth remained uneven, with the services sector and agriculture keeping the economy afloat
Growth momentum has slowed with annual
He liked
ForexLive Asia FX news wrap: AUD/JPY a big loser
Forex news for Asia trading Thursday 19 September 2019
He liked
Economic data coming up in the European session
SNB and BOE monetary policy decisions in focus
Good day, everyone! Hope you're all doing well as we look to get things going in the session ahead. It's been a lively start to the day as we see some movement in the aussie and yen - but this isn't a risk-related move!
The aussie is holding weaker a
He liked
He liked
He liked
He liked
Japan July all industry activity index +0.2% vs +0.2% m/m expected
Latest data released by METI - 19 September 2019
Prior -0.8%; revised to -0.7%
Slight delay in the release by the source. The data is often referred to as the monthly GDP reading, it's a tracker production across all sectors of the Japanese economy and follows the GDP growth figures/trend.
A no
He liked
A couple of takeaways from the Fed and Powell
The Fed said a lot by saying nothing about their decision yesterday
The Fed cut rates by 25 bps and we got the same two dissenters arguing for rates to stay unchanged (George and Rosengren), though Bullard argued for an added 25 bps rate cut on top of the one yesterday.
Meanwhile, Powell's press
He liked
Dollar Lacks Follow Through Buying after Fed’s Hawkish Cut
The stock markets are mixed after the hawkish rate cut by Fed overnight but treasury yields are back under pressure. Dollar rose mildly after the announcement but there was no follow through buying. Yen surges broadly today, riding on falling yields, followed by Swiss Franc. Australian Dollar is the
He liked
The SNB is in an enviable position going into today's policy decision
The Swiss central bank is expected to hold its policy rate steady at -0.75%
It is not often these days that central banks can find themselves in a position to ease monetary policy and yet markets are expecting them not to do so. That is the predicament the SNB finds itself in going into today's pol
He liked
He liked
Cable falls to session low amid softer inflation data, firmer dollar
GBP/USD touches a low of 1.2439 on the day
Price is closing in on a test of the 100-hour MA (red line) once again, this time 1.2130. It's a bit of a tricky one for cable now as buyers still hold near-term control but the double-top just above 1.2500 presents a technical setup for potential shorts.
He liked
Wells Fargo to Pilot Its Own Crypto for Internal Settlements
Photo: Reuters
Wells Fargo, the fourth-largest bank in the US, is set to pilot its own digital currency on its blockchain platform, the bank announced on Tuesday.
Dubbed Wells Fargo Digital Cash, the digital currency will be pegged to the US dollar and will be used to process internal settlements
He liked
Forexlive Americas FX news wrap: Dollar edges lower as Fed decision awaited
Forex news for NY trading on September 17, 2019
He liked
Australian jobs report is due Thursday - preview
The monthly employment report from oz Australia coming up at 0130GMT on Thursday 18 September 2019
A few snippets.
Via ASB/CBA:
Leading indicators suggest a reasonable level of jobs growth should continue. We expect a 20k lift in the number of jobs and the unemployment rate should remain steady
Pull-up Update
