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Monday, August 26, 2024

American Market Recap | Asia-Pacific Economic Calendar: What's on tap today

Asia-Pacific Economic Calendar: What's on tap today

The economic calendar in the Asia-Pacific session is once again light. Japan service PPI for July will be released at 7:50 PM ET. Last month he PPI came in at 3.0%. China's industrial profit year to d... 

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Time to price in the decline in fertility

What's the world's largest asset class? It's real estate. But what are homes worth when there is an empty house on your block with no one to fill it? What if there are 10 empty houses? John Authers re... 

Oil climbs 3.5% as it rejects new lows

It was looking awfully grim in the oil market last week as WTI crude fell through the summer lows to the worst levels since early February. What was particularly damaging is that it was coming at a ti... 

Fed's Daly: Labour market is in complete balance

. Comments from Daly on Bloomberg TV: Hard to imagine anything that could derail Sept rate cut Time to adjust policy is upon us Don't want to keep making policy tighter as inflation comes down The ris... 

Deutsche Bank: Fed's Powell opens door to aggressive easing, closing EUR/USD short

EURUSD weekly Deutsche Bank is keeping its year-end EUR/USD 1.10 for now but says that would change if the Fed cuts by 50 basis points on September 18. Some highlights from the latest note from Deutsc... 

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Latest Forex Orders

FX option expiries for 23 August 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.1100 level again. Similar to yesterday, the expiries are likely to help lock price action from fa... 

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