We get Q3 GDP from China today, here is what to expect: PREVIEW- China Q3 GDP result is going to be a key market focus Preview: Is Chinese GDP a win-win for the Australian dollar? Reuters is up with a … Continue reading
China Q3 GDP data is out today, coming up at 0200GMT. Previews: PREVIEW- China Q3 GDP result is going to be a key market focus Preview: Is Chinese GDP a win-win for the Australian dollar? In brief: expected is +7.2% … Continue reading
Financial industry has lost the public trust Banks need dramatic downsizing unless behavior improves He makes the comments at virtually the same time as Apple earnings that beat (and shares rose 3% beforehand). The whisper number for Apple was $1.42 … Continue reading
Top forex news and headlines for October 20, 2014: Fed’s Fisher: I don’t see any reason not to curtail QE at October meeting German and French finance ministers warn on economy Brazilian election polls extremely close Canadian August wholesale trade … Continue reading
The EURUSD has been able to get and stay above the 1.2776-80 level (see prior post: Forex Technical Analysis: EURUSD continues to tell the story (October 20, 2014). The comments from Nagel may be contributing to the upside push as it suggests … Continue reading
The Fed’s regulatory guru Daniel Tarullo is speaking at a “Reforming Wall Street Culture Workshop” and is still plugging for tougher rules and supervision. He says that more firms are making bad behaviour dismissals more public but that if banks don’t … Continue reading
Fed Governor Jerome Powell spoke at an online forum on community banking but he will be taking questions fro the remainder of the hour. You can watch it here.
Dallas Fed President Fisher on CNBC: Recent market volatility has not changed my outlook ‘out iota’ No slide to downside on inflation, no pressure on upside either Biggest concern on ebola is media overreaction European economic issues very different from … Continue reading
Whatever froth you think is in eurozone markets, credit is still falling We need to extend the scope of macro-prudential instruments we have been given
ECB vice-pres speaking in London. macro-prudential policy must be bold and we must extend the tools we have been given Nothing of real note as yet whatever froth you think there is in the Eurozone markets, credit is still falling … Continue reading
Central banks play a critical role in forex market trading by changes in policy that can impact money flows. The U.S. Federal Reserve Bank and others often purchase assets in the open market and directly impact interest rates through quantitative easing. Central banks can change expectations and decisions on interest rates banking institutions lend to each other depend on each country's economic outlook. Get the most updated real-time central bank news from the United States, the U.K. the Euro zone, Africa, the Americas and Asia daily at ForexLive.com. See the ForexLive.com economic calendar and find the most relevant economic data events that can impact currency pairs you trade. Central Bank decisions can move markets, be the first to know by checking our real-time forex updates daily.