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Wednesday, December 18, 2024

Asia Market Movers: BOJ is expected to hold its policy rate at 0.25% in its December 18-19 meeting - preview

BOJ is expected to hold its policy rate at 0.25% in its December 18-19 meeting - preview

Bank of Japan (BOJ) December policy meeting concludes on Thursday. As always, there is no firmly scheduled time for the Bank's Statement. Its reasonable to expect it sometime in the 0230 to 0330 GMT t... 

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ICYMI - Switzerland has slashed economic growth forecasts

Both the Swiss government and the private KOF Swiss Economic Institute expect slower growth for the economy. Switzerland's State Secretariat for Economic Affairs (SECO) Economic Growth Forecasts : 202... 

Bank of America's latest global fund manager survey - super bullish sentiment

Bank of America's latest global fund manager survey finds that investor sentiment is "super-bullish" in December, reflecting a surge in optimism about economic growth and financial markets. The survey... 

South Korea Finance Minister Choi - will manage the economy as stably as possible

South Korea Finance Minister Choi: will utilise all available resources to manage the economy as stably as possible. South Korea Foreign Minister Cho noted that US President Biden expressed confidence... 

UBS sees gold extending gains into 2025, forecasts $2,900/oz price target

Gold prices held steady this week at around $2,650/oz, weighed by recent US dollar strength, rising Treasury yields, and improving investor sentiment toward US equities. Since hitting an all-time high... 

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FX option expiries for 17 December 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 1.0525 level. It coincides with the 200-hour moving average currently, also seen at 1.0525. And tha... 

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