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Wednesday, November 20, 2024

Asia Market Movers: Barclays forecast GBP/USD to 1.30 and EUR/GBP to 0.80 over the coming quarters

Barclays forecast GBP/USD to 1.30 and EUR/GBP to 0.80 over the coming quarters

This is via the folks at eFX. ** Synopsis: Barclays remains optimistic on GBP, forecasting a rise in GBP/USD to 1.30 and a decline in EUR/GBP to 0.80 over the coming quarters. The outlook is sup... 

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Kyle Bass says China setting up for a Taiwan invasion

CIO of Hayman Capital Management Kyle Bass on what he sees as the implication of China cutting internet cables. Referring to this from earlier: ICYMI - Chinese vessel spotted where Baltic Sea cables w... 

Chinese mutual fund houses cutting exchange-traded fund (ETF) fees

Bloomberg (gated) with the info - in brief: Chinese mutual fund companies, including China Asset Management Co. and E Fund Management Co., are cutting management fees on equity ETFs from 0.5% to 0.15%... 

Japan's exports in October rebounded from a 43-month low - recap

The data from earlier in the session is here: Japan October trade balance -461bn yen (expected -360bn yen) Exports rose 3.1% y/y in October, beating expectations of a 2.2% rise and a reversal from the... 

European Central Bank President Lagarde speaking Wednesday + Escriva & de Guindos

1130 GMT/0430 US Eastern time - Bank of Spain governor, JosΓ© Luis Escriva, to speak about the economic impact of last month deadly floods in eastern region of Valencia 1300 GMT/0800 US Eastern time -... 

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Latest Forex Orders

FX option expiries for 19 November 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 1.0600 level. It isn't one that holds much technical significance and with the dollar retracing bac... 

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