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Tuesday, August 6, 2024

Asia Market Movers: ForexLive Asia-Pacific FX news wrap: Rebound Day. For now anyway.

ForexLive Asia-Pacific FX news wrap: Rebound Day. For now anyway.

Japan chief cabinet secretary Hayashi says wage rises will spread in Japan Bank of Japan Governor Ueda to attend parliament for hearing on stock market volatility Australian job ads fall in July, the... 

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Japan chief cabinet secretary Hayashi says wage rises will spread in Japan

Japan chief cabinet secretary Hayashi Wage rises will likely spread to part-timers, small businesses toward autumn with strong Shunto results, minimum pay hikes No comment on day-to-day share moves Sa... 

Bank of Japan Governor Ueda to attend parliament for hearing on stock market volatility

Bank of Japan Governor Ueda to appear in parliament. What's the bet this won't end well for him? After severely pressuring him to raise rates will the parliamentarian ***-covering inclduie scapegoatin... 

Australian job ads fall in July, the sixth straight m/m drop

ANZ-Indeed survey shows Australian job advertisements fell 3.0% in July m/m prior -2.7% (revised from -2.2%) down 20.8% y/y sixth straight month of month-on-month declines remain 13.3% higher than pre... 

Reminder - 4 huge events coming from the RBA: Policy decision, Bullock, Statement, Hunter

The RBA policy announcement is due at 2.30pm Sydney time today, August 6, 2024: 0430 GMT, and 0030 US Eastern time The Bank is expected to leave its cash rate unchanged at 4.35%. The accompanying stat... 

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FX option expiries for 5 August 10am New York cut

There aren't any major expiries to take note of on the day. And in any case, this is a market currently driven by emotions more than anything else. As such, that matters more to price action rather th... 

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