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Tuesday, May 21, 2024

Asia Market Movers: Federal Reserve speakers on Tuesday include FOMC Vice Chair Williams

Federal Reserve speakers on Tuesday include FOMC Vice Chair Williams

A packed agenda, Williams the big gun. It looks like Waller's may be of more pertinence to traders. Times below are GMT/US Eastern time: 1300/0900 Federal Reserve Board Governor Christopher Waller sp... 

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China State Planner says 50 fixed-asset investment projects worth 320bn yuan approved YTD

The National Development and Reform Commission of the People's Republic of China (NDRC) is China's 'State Planner' 50 fixed-asset investment projects worth 320bn yuan approved from January to April' 2... 

Bank of England Governor Andrew Bailey is speaking on Tuesday

There are two BoE speakers prior to Bailey but I don't expect market-related (economy/monetary policy) from either. The times below are GMT/US Eastern time 0820/0420 Keynote address by Bank of Englan... 

RBA minutes: Considered whether to raise rates

Minutes of the May 2024 Reserve Bank of Australia meeting. Headlines via Reuters: Considered whether to raise rates, judged case for steady policy the stronger one Board agreed difficult to either rul... 

PBOC sets USD/ CNY reference rate for today at 7.1069 (vs. estimate at 7.2366)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.... 

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Latest Forex Orders

FX option expiries for 20 May 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first ones are for EUR/USD at 1.0875 and 1.0900. That is likely to keep price action more compact in that range on the day,... 

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