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Thursday, August 1, 2024

Asia Market Movers: Marubeni CFO says expects a limited impact from the Bank of Japan rate hike

Marubeni CFO says expects a limited impact from the Bank of Japan rate hike

Marubeni CFO: Expect limited impact on financing costs from BOJ's rate hike The yen's depreciation turning to appreciation due to monetary policies in Japan and US was as we had expected Weaker yen ag... 

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China's State Planner Vice Head says will actively expand domestic demand

China's State Planner Vice Head: There is 'sufficient' room for counter-cyclical policy adjustments China has conditions, ability and confidence to achieve full-year growth target Will actively expand... 

Japan chief cabinet secretary Hayashi says important for FX to more in stable manner

Japan chief cabinet secretary Hayashi: Japan appoints former top fx diplomat Masato Kanda to special advisor to cabinet Kanda tasked to advise Japan PM Kishida on international financial trends Hayash... 

Bank of England meet Thursday, rate cut expected, but a 'hawkish' cut

The BoE statement is due at 1100 GMT / 0700 US Eastern time. A 25bp rate cut is the consensus estimate. Bank of England Governor Bailey speaks at 1130 GMT / 0730 US Eastern time. Communications from t... 

China Caixin Manufacturing PMI for July 2024 49.8 (expected 51.5, prior 51.8)

I did a double take on that result, back into contraction again after a good June. A huge miss on expectations. This is its first contraction in 9 months and points to embedded trouble in the Chinese... 

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Latest Forex Orders

Month-end fix sees euro selling

EUR/USD 10 mins A quick round of selling pressure has hit the euro ahead of the month-end London fix. In general, these moves fade after the turn of the hour.... 

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