Friday , 10 January 2025

Forex

Forex

Weekend – Another attack on a Russian oil refinery

News reports of further attacks on Russian oil facilities over the weekend:Ukraine allegedly attacked another oil refinery overnight, Russian authorities said on Sunday,...

Forex

New Zealand’s Business NZ PSI improves to 53.0 in February vs. 52.1 prior

New Zealand’s Business NZ Performance of Services Index (PSI) improved to 53.0 in February from the previous reading of 52.1, according to Business...

Forex

Goldman Sachs expect 3 Federal Reserve rate cuts in 2024 (from 4 previously)

A weekend note from Goldman Sachs on their Federal Open Market Committee (FOMC) outlook, in brief:Inflation has been firmer in recent months, but...

Forex

New Zealand Business NZ PSI climbed from previous 52.1 to 53 in February

New Zealand Business NZ PSI climbed from previous 52.1 to 53 in February

Forex

New Zealand services PMI for February 53.0 (prior 52.2)

BusinessNZ Performance of Services Index (PSI) for February is 53.0, from January's 52.2 (revised up from 52.1)53.0 is highest since March 20233 of...

Forex

Financial Times front page says high Federal Reserve interest rates needed for longer

The Financial Times is gated, but the article is on the front page if you'd like to read it: This article was written...

Forex

Russian election result is unsurprising – Putin stays in power

Just noting the result of Russia's election. No surprise, Putin gets another six year term. He's giving a speech in which he continues...

Forex

Trump says if he’s not elected “going to be a bloodbath for the country” (on car tariffs)

I've posted before on the economic policies Trump is promising, including:he would impose 60% tariffs on Chinese imports, or higherTrump has bumped that...

Forex

Weekend: China finance minister Lan Fo’an reaffirmed the need for proactive fiscal policy

China's finance minister Lan Fo'an wrote in an article published over the weekend, emphasizing the importance of a proactive fiscal policy in consolidating...

Forex

Weekend – de Cos says European Central Bank could start cutting interest rates in June

Bank of Spain´s governor Pablo Hernández de Cos and therefore European Central Bank Governing Council (GC) member Pablo Hernandez de Cos spoke in...