Gold has hit a record high above USD3500 and is just below there as I update. Cited are expectations for rate cuts ahead from the …
Category: Forex Short News
Gold is underpinned by expectations for lower short term rates. Earlier: UBS sticks to its gold US$3700 forecast. Shorter-term, ANZ say watch the jobs report. …
Japan trade negotiator Akazawa says there has been no date set yet for his next visit to the US says there is no misunderstandings with …
BOJ Deputy Governor Himino says Japan’s real interest rate remains very low Appropriate to continue raising rates in line with improvements in the economy and …
Australian Net Exports Contribution (Q2) +0.1% expected 0.0%, prior -0.1% Current Account Balance -13.7bn AUD expected -16.0bn, prior -14.7bn The April – June quarter in …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
China’s stock market has surged, with the CSI 300 Index up about 25% since February, despite economic headwinds such as weak consumer confidence, deflationary pressures, …
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 …
UBS says gold should also benefit from lower real rates and ongoing geopolitical risks. Lower interest rates typically benefit non-interest-bearing bullion. UBS: “our target remains …
Japan Post Bank plans to roll out a digital yen by the end of fiscal 2026, aiming to give its depositors easier access to digital …