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Category: Forex Short News

Forex Short News
Forex Short News

Deutsche Bank sees July US CPI slowing to 0.1% as markets watch core inflation trend

Posted onAugust 11, 2025

Deutsche Bank says the focus will remain on tariff developments in the run-up to the August 12 deadline for a pause in levies between the …

Forex Short News
Forex Short News

Michigan Governor Whitmer tells Trump tariffs are hurting Michigan autos

Posted onAugust 11, 2025

Michigan Governor Gretchen Whitmer met privately with President Donald Trump in the Oval Office on Tuesday to deliver a message: his tariffs were damaging the …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1405 (vs. estimate at 7.1845)

Posted onAugust 11, 2025

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). …

Forex Short News
Forex Short News

China seeking to cut lithium production – fears of oversupply

Posted onAugust 11, 2025

China’s Contemporary Amperex Technology Co. Ltd. (CATL) halted production for at least three months at its Jianxiawo lithium mine in Jiangxi province. The suspension, triggered …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1845 – Reuters estimate

Posted onAugust 11, 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

China July PPI falls 3.6%, CPI flat: Weak demand, housing slump keep deflation fears alive

Posted onAugust 10, 2025

China’s factory-gate prices fell more than expected in July, while consumer prices were flat, signalling that weak domestic demand and trade uncertainty continue to weigh …

Forex Short News
Central Banks, Forex Short News

Reserve Bank of Australia expected to cut its cash rate this week by 25bp

Posted onAugust 10, 2025

The Reserve Bank of Australia is meeting today and tomorrow, Monday, August 11, 2025 and Tuesday, August 12, 2025. After last month’s shock decision to …

Forex Short News
Forex Short News

Report that Nvidia, AMD to pay 15% export tax to US govmnt getting more widely reported

Posted onAugust 10, 2025

The Financial Times has reported that Nvidia and AMD have struck a deal with the US government to hand over 15% of their revenue from …

Forex Short News
Central Banks, Forex Short News

ICYMI – On Saturday Fed Governor Bowman called for 3 FOMC rate cuts this year

Posted onAugust 10, 2025

Michelle Bowman is a Governor on the Board of the U.S. Federal Reserve and as such has a permanent vote on the Federal Open Market …

Forex Short News
Forex Short News

ES and NQ (and others!) are open on Globex, both are up

Posted onAugust 10, 2025

We’re open! The new week for US equity index futures has begun: S&P 500 eminis +0.15%, Nasdaq futures +0.2% Earlier news: US equity index futures …

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