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Thursday, June 20, 2024

Asia Market Movers: Federal Reserve speakers Thursday include Kashkari, Barkin, Daly

Federal Reserve speakers Thursday include Kashkari, Barkin, Daly

It looks like Barkin may have the most interesting comments given the topic. Times below are in GMT/US Eastern time format 1245/0845 Federal Reserve Bank of Minneapolis President Neel Kashkari partic... 

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Hedge fund boot camp - Citadel internship pays US$19K a month

Bloomberg have a piece up: Hedge Fund Talent Schools Are Looking for the Perfect Trader Bloomberg is gated but if you can access it its an interesting read. The birth of these programs captures a hist... 

Offshore yuan at its lowest since November last year as the PBOC relaxes its grip on CNY

I posted earlier in the week the good info from HSBC on the PBOC allowing the onshore yuan to weaken a little: HSBC expect the USD/CNY reference rate to drift higher (yuan weaker) Which its done, sett... 

PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expected

The unchanged rates were widely expected after the MLF was unchanged earlier this week: People's Bank of China set MLF rate at 2.5% (expected 2.5%, prior 2.5%) The hold today is despite subdued econom... 

PBOC sets USD/ CNY central rate at 7.1192 (vs. estimate at 7.2653)

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 19 June 10am New York cut

There are just two to take note of on the day, as highlighted in bold . The first one being for EUR/USD at the 1.0745 level. That is likely to help keep price action in the pair more muted, sticking c... 

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