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Thursday, February 20, 2025

Asia Market Movers: Fed's Jefferson says Fed is in "watch and wait" mode about state of government policy

Fed's Jefferson says Fed is in "watch and wait" mode about state of government policy

Jefferson is Vice Chair of the Board of Governors of the Federal Reserve The best thing the Fed can do is achieve its inflation and job mandates. Fully committed to getting inflation back to target, w... 

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Morgan Stanley Turns More Optimistic on China Equities, Sees Structural Shift in Market

Morgan Stanley has upgraded its stance on offshore Chinese equities, citing a sustainable recovery in return on equity (ROE) and a shift in valuation dynamics. The bank, which had previously been skep... 

More on Trump's goal to abolish the IRS - source is US Commerce Secretary Howard Lutnick

The headline on this from earleir is here: US Commerce Secretary Lutnick says Trump's goal is to abolish the Internal Revenue Service It drove a flurry of buyers into the US dollar. The impact has sin... 

Bank of Japan Governor Ueda is meeting with Japan PM Ishiba

Bank of Japan Governor Ueda is meeting with Japan PM Ishiba. I wouldn't be reading too much into this. The head of the BoJ and Japan's Prime Minister meet at least twice a year.... 

AUD traders note: Reserve Bank of Australia Governor Bullock speaking on Friday local time

Michele Bullock, Governor; Andrew Hauser, Deputy Governor; Sarah Hunter, Assistant Governor (Economic); and Brad Jones, Assistant Governor (Financial System) will all appear before the Australian parl... 

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Latest Forex Orders

FX option expiries for 19 February 10am New York cut

There are a couple to take note of on the board, as highlighted in bold . The first one is for EUR/USD at the 1.0500 level again. The pair has seen price action drop back in between its key hourly mov... 

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