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Wednesday, July 17, 2024

Asia Market Movers: Federal Reserve speakers on Wednesday include Barkin, Waller and Schmid

Federal Reserve speakers on Wednesday include Barkin, Waller and Schmid

Info incoming from the Federal Reserve later on Wednesday 17 July 2024: 1300 GMT / 0900 US Eastern time: Federal Reserve Bank of Richmond President Thomas Barkin gives informal remarks on the economy... 

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Heads up for RBA's John Simon to speak on Wednesday

Coming up at 6pm Sydney time: 0800 GMT / 0400 US Eastern time Panel participation by John Simon, Head of Economic Research, at the Macquarie University Business School, Sydney Stay tuned for any news... 

Australian June leading index - economy improving but to remain below trend into 2025

This data point tends not to be much of an AUD mover upon release. Westpac-Melbourne Institute Leading Index for June 2024 indicates the likely pace of economic activity relative to trend three to nin... 

Financial Times: Donald Trump warns US Fed chair not to cut rates before the election

We had the news on this posted many hours ago: Trump wants to hold rates high until after the election, no cut until after the election (which is three and half months away); Trump was speaking in an... 

PBOC sets USD/ CNY mid-point today at 7.1318 (vs. estimate at 7.2630)

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 16 July 10am New York cut

There is one to really take note of on the day, as highlighted in bold . It is for EUR/USD and seen at the 1.0900 level once again. That is likely to help contain price action and limit any overextens... 

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