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Tuesday, August 27, 2024

Asia Market Movers: Russia on the attack: Third round of explosions heard in the Ukraine capital of Kyiv

Russia on the attack: Third round of explosions heard in the Ukraine capital of Kyiv

Russia is fighting back from the recent Ukraine offensive. Witnesses are reporting that the third round of explosions have been heard in the Ukraine capital of Kyiv. Earlier this reported that Russia... 

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Japan's FM Suzuki: FX rates determined by various factors, not just monetary policies

Japan's finance minister Suzuki is speaking and says: FX rate determined by various factors Not just monetary policies and interest-rate differentials Also by geopolitical risks, market sentiment and... 

China's January – July industrial profits rise 3.6% YoY

China's January – July industrial profits +3.6% year on year China's July industrial profits +4.1%.... 

Geopolitics: Taiwan reports 15 Chinese military aircraft detected over last 24 hours

Taiwan Defense Ministry is saying: In the past 24 hours 15 Chinese military aircraft around Taiwan in a separate report, China spent $15 billion or 7% of its defense budget on exercises in the Western... 

PBOC sets USDCNY central rate at 7.1249 (vs. estimate at 7.1245)

The PBOC sets the USDCNY central rate at 7.1249 not far from the estimate of 7.1245. That is up from previous setting at 7.1132.... 

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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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