China September new house prices -5.7% y/y (prior -5.3%)

China home price data for September 2024:-5.7% y/yprior -5.3%-0.7% m/mprior also -0.7%We've been banging on all year (more?) about the vicious cycle of lower home prices breeding buyer reluctance (why buy no when prices fall, get it cheaper…

US politics - "Massive Jack Smith doc dump" anticipated Friday - Trump needed this blocked

US web site politico with the information:massive Jack Smith doc dump coming Friday earlier than the election Trump had requested the decide within the case to delay the discharge of the particular counsel's proof till after the electionPertinent…

Japan information - September CPI Headline +2.5% y/y (vs. +2.5% anticipated)

Japanese CPI General 2.5% y/yanticipated 2.5%, prior three.zero%Core CPI (excluding contemporary meals) 2.four% y/yanticipated 2.three%, prior 2.eight%Core-core 2.1% y/yanticipated 2.zero%, prior 1.9%excluding contemporary meals and power,…

UBS see a lot extra European Central Financial institution price cuts, Dec & 2025. Euro has cyclical help

The ECB minimize charges on Thursday:Ubaidahsan Americas FX information wrap: ECB cuts charges, US retail gross sales beat estimatesGiven the state of the EU financial system analysts are piling in projecting additional price cuts:RBC anticipate…

Decentralized AI Summit at MIT Votes OriginTrail as the Best Decentralized AI Project

OriginTrail, the ecosystem striving for a safe internet in the age of AI with its decentralized knowledge graph, was named the best project at the prestigious MIT Decentralized AI Summit. Held at the MIT Media Lab, the summit brought together…

Forexlive Americas FX news wrap: ECB cuts rates, US retail sales beat estimates

ECB cuts key rates by 25 bps in October monetary policy decision, as expectedLagarde opening statement: Economic activity has been somewhat weaker than expectedLagarde Q&A: All the data is headed in the same directionECB sources: Policymakers…

Betting markets now say the Republicans are favored, what do financial markets say

The big shift in betting odds in Polymarket has people intrigued about what is happening under the surface that has some people more-confident that Trump will win the Presidency. He's at 61% now and that's spawned all kinds of conspiracy…

What is the bond market trying to tell us

It's tough to gauge exactly what the bond market is saying but US 10-year yields have risen 9 bps today and are trading at 4.10% from a low of 3.60% a month ago.A portion of that -- for sure -- is pricing out a recession. A month ago, non-farm…

USDJPY extends to new highs. Buyers make a play and look toward key daily MA targets

The USDJPY is extending above the high from earlier this week at 149.974 for the 2nd time today, but is finding more upside momentum on this break.. The price just reached 150.29. The price of the USDJPY has traders now focused on other…

NZDUSD buyers try to make a play. What needs to happen to give them an edge in the ST.

The NZDUSD has been consolidating over the last week or so of trading with the 61.8% of the move up from the August low. That level comes in at 0.60509. Last week, the price held that level, bounced, and then broke below the level but quickly…