Asia Market Movers: JPMorgan still expects a 50bp Federal Reserve interest rate cut next week

JPMorgan still expects a 50bp Federal Reserve interest rate cut next week I posted earlier on Citi dropping its call for a 50bp rate cut next week to 25 bp. Analysts there do expect 50bp in November and December though: Citi are forecasting two 50bp interest rate cuts from...  Japan wholesale inflation dipped due to lower commodity prices and a stronger yen - recap Japanese 'wholesale' inflation levels eased back a little in August: Japan PPI (August) -0.2% m/m (expected +0.0%) and +2.5% y/y (expected +2.8%) The main drivers were lower commodity prices, falling...  250bp of "shock and awe" rate cuts from the US Federal Reserve does not seem warranted Westpac point out that while major downward revisions to US payrolls estimates have injected a little more urgency into the US situation over the last month, the pricing in of close to 250bps in cuts...  Australia inflation expectations are slowly, slowly chipping lower, still way above target The Melbourne Institute Survey of Consumer Inflationary Expectations for Australia shows a drop to 4.4% in September prior 4.5% The Reserve Bank of Australia target band is 2 to 3% for inflation. Expe...  PBOC sets USD/ CNY mid-point today at 7.1214 (vs. estimate at 7.1219) 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....  Latest Forex Orders FX option expiries for 11 September 10am New York cut There is arguably just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.1000 level. Again, if anything else, it will help to act as a bit of a floor to price ac...  Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network This email was sent to trungtamthuchanhmt.hanghai18021960@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences ForexLive · 11 Apostolou Andrea, Hyper Tower 3rd floor, Mesa Geitonia · Limassol 4007 · Cyprus