As the NA session begins, the NZD is the strongest and the CHF is the weakest

As the North American session begins, the NZD is the strongest and the CHF is the weakest. China's economy grew at a slower pace in the third quarter, with GDP expanding by 4.6% year-on-year, down from 4.7% in the previous quarter and marking…

USD/JPY lower on the day but buyers stay in control for now

When put into context to the near-term chart below, the quick 30 pip drop earlier isn't that meaningful. As our reader Alex pointed out, there were some headlines noting that the BOJ is said to see "little need to rush an October rate hike"…

North Korean troops reportedly shipped to Russian bases for coaching and sure for fight

Only a little bit of a geopolitical replace because it appears to be like like North Korea is now getting concerned with the struggle between Russia and Ukraine. It's being reported that North Korean troops have been shipped to Russian bases…

Gold Technical Analysis – Yet another all-time high

Fundamental OverviewYesterday, gold managed to rally into a new all-time high despite some strong US data as Retail Sales and Jobless Claims beat expectations across the board. In the bigger picture, gold remains in a bullish trend as real…

Weekly update on interest rate expectations

Rate cuts by year-endFed: 43 bps (92% probability of rate cut at the upcoming meeting) 2025: 142 bpsECB: 30 bps (80% probability of 25 bps rate cut at the upcoming meeting) 2025: 140 bps BoE: 43 bps (87% probability of rate cut at the upcoming…

What are the main events for today?

In the European session, the only notable event was the release of the UK Retail Sales. The data beat expectations across the board by a big margin and gave the GBP a boost.There's nothing else on the agenda for the current session although…

FX possibility expiries for 18 October 10am New York lower

There is only one to be aware of on the day, as highlighted in daring.That being for EUR/USD on the 1.0850 stage. It is not one which ties an excessive amount of with any key technical ranges however the expiries might assist to only hold…

UK retail gross sales the spotlight of the agenda within the session forward

A stronger US retail gross sales report yesterday helped hold the greenback in a great place on the week. In the meantime, the euro was shaky from the ECB coverage determination as Lagarde did not consolation the economic system doomsayers.…

PBOC Governor says 7-day reverse repo fee shall be lowered by zero.2%

Folks's Financial institution of China governor Pan Gongsheng Anticipated that relying available on the market liquidity scenario by the top of the yr, the reserve requirement ratio may very well be additional diminished to obtain dynamic…

China Nationwide Bureau of Statistics (NBS) official says financial indicators positve change

China's Nationwide Bureau of Statistics (NBS) deputy chief feedback:September financial indicators confirmed constructive modificationsChina's international commerce scenario this 12 months higher than anticipatedBasis for financial restoration…