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Forex Short News
Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2330 – Reuters estimate

Posted onMarch 19, 2025

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

Forex Short News
Forex Short News

Australia Westpac Leading Index “firms but detail suggests gains are fragile”

Posted onMarch 19, 2025

Australia Westpac Leading Index WPAC comments: the six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity …

Forex Short News
Forex Short News

Japan machinery orders +4.4% y/y (expected +6.9%)

Posted onMarch 18, 2025

Japan core machine orders for January 2025: +4.4% y/y expected +6.9%, prior +4.3% For the m/m, a drop of 3.5% expected -0.1%, prior -1.2% These …

Forex Short News
Forex Short News

Japan data: February exports +11.4% y/y (expected +12.1%)

Posted onMarch 18, 2025

Japan data Trade Balance (February 2025) 584.5bn JPY expected 722.8bn, prior -2,736.6bn Imports -0.7% y/y expected +0.1%, prior +16.2% Exports +11.4% y/y expected +12.1%, prior …

Forex Short News
Forex Short News

Is Trump building the foundations to fire Fed Chair Powell and other Fed members?

Posted onMarch 18, 2025

Trump has fired two Democratic Federal Trade Commission (FTC) commissioners. It remains to be seen if Trump has the authority to do so. The Wall …

Forex Short News
Forex Short News

Deutsche Bank cuts Q1 US GDP forecast to 1.5% amid soft consumer spending, trade drag

Posted onMarch 18, 2025

Deutsche Bank has revised down its first-quarter U.S. GDP growth forecast to 1.5% (annualized), a 1 percentage point cut from its previous estimate, citing weaker-than-expected …

Forex Short News
Forex Short News

Japan business sentiment weakens in March amid tariff and China concerns

Posted onMarch 18, 2025

Reuters Tankan survey for March 2025 – Manufacturers’ sentiment drops to -1 in March from +3 in February – Non-manufacturers’ index declines to +25 from …

Forex Short News
Forex Short News

White House says reciprocal tariffs still intended to take effect from April 2

Posted onMarch 18, 2025

This via Reuters, citing ” a White House official said, clarifying comments from Treasury Secretary Scott Bessent which suggested countries could negotiate before the U.S. …

Forex Short News
Forex Short News

UBS note of caution – says S&P futures & stocks liquidity declines to rarely seen levels

Posted onMarch 18, 2025

A UBS note highlights that liquidity in S&P 500 futures has dwindled to levels rarely seen since 2020, touching this threshold only four times in …

Forex Short News
Forex Short News

(Not FX!) Astronauts Suni Williams and Butch Wilmore have returned to Earth

Posted onMarch 18, 2025

A SpaceX capsule carrying Butch Wilmore and Suni Williams has splashdowned off the Florida coast. The two were stranded on the International Space Station due …

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