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Wednesday, December 4, 2024

Asia Market Movers: ECBs Holzmann: 25 basis point cut is conceivable in December. not more

ECBs Holzmann: 25 basis point cut is conceivable in December. not more

ECBs Holzmann is speaking and says: 25 bps rate cut is conceivable in December, not more. Nothing decided on next rate move, will depend on data available at December meeting. Trump is casting a shado... 

tranche

While the USD is little changed vs EUR, JPY, GBP, CHF, CAD,it is running vs the AUD & NZD

While the USD is within 0.12% of unchanged vs the EUR (+0.11) JPY (+0.03) GBP (+0.09%) CHF (+0.07%) CAD (+0.07%) The greenback is running higher vs the AUD and NZD: AUD (+1.03%) NZD (+0.75%) The previ... 

The AUDUSD is running to the downside, but is now testing a key floor. What next?

The AUDUSD is running to the downside and is looking to test a key swing area support floor between 0.6433 and 0.64419. The price has bottomed in that area on 5 separate days over the last 15 trading... 

Bank of Korea: Will increase short term liquidity measures starting Wednesday

Bank of Korea (BOK) will increase short-term liquidity measures starting Wednesday Will loosen collateral policies in repo operation to ease any bond market jitters. Will deploy various measures to st... 

China Caixin Services PMI for November 51.5 versus 52.4 estimate

Prior month 50.0 Services PMI 51.5 vs 52.4 estimate... 

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FX option expiries for 3 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 1.0500 mark. Given the lack of catalysts in the session ahead, the expiries could act as a bit of a... 

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