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Friday, January 31, 2025

Asia Market Movers: Still no word from Trump on what he has decided on Canadian oil tariffs

Still no word from Trump on what he has decided on Canadian oil tariffs

Trump said on Thursday afternoon that he'd probably decide that evening on whether to apply his planned 25% tariff to Canadian oil. There hasn't been any word on this. He may have decided but hasn't s... 

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Federal Reserve Board Governor Michelle Bowman is speaking on Friday

0130 GMT / 0830 US Eastern time: Federal Reserve Board Governor Michelle Bowman gives brief remarks on the economy, and Perspectives on Mutual and Community Banks before the Northern New England CEO S... 

US inflation (PCE) data due Friday - here are the critical ranges to watch

Due on Friday at 0830 US Eastern time (0130 GMT), the Core PCE data is the focus. The Personal Consumption Expenditures (PCE) data is a key measure of inflation that tracks changes in the prices of go... 

The Federal Reserve is switching from data-dependent to increasingly more Trump-dependent

The Federal Reserve is likely to hold off on interest rate cuts in the first half of the year, as persistently elevated core inflation and a resilient U.S. economy in the first quarter keep policymake... 

Federal Reserve might conclude they've seen more inflation progress at its next meeting

The Federal Reserve's January policy statement omitted its previous reference to inflation making progress toward its target, adding a more hawkish tone. However, economists at Citi expect the Fed's p... 

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Latest Forex Orders

FX option expiries for Wednesday, January 29, 2025, 10am New York cut

EUR/USD 1.0300 (EUR1.76bn) 1.0500 (EUR1.25bn) 1.0600 (EUR1.05bn) USD/JPY 155.00 (US$1.39bn) 148.00 (US$930mn) USD/CAD 1.4500 (US$1.29bn) 1.4190 (US$414mn) AUD/USD: 0.6220 (AUD580mn) 0.6350 (AUD441mn)... 

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