- Federal Reserve speakers on Monday include Bowman, Barkin, Kashkari
- European Central Bank speakers Monday include Lane, de Cos, Cipollone
- AUD traders heads up - RBA head of economic analysis Kohler speaks Tuesday morning
- UBS projects a resilient Australian dollar in 2024, domestic reasons and the RBA
- NZD traders note - government budget to be announced on May 30
- Bank of England Governor Andrew Bailey is speaking Monday, 12 February 2024
- North America’s largest public crypto miner is looking to expand in Africa
- RBNZ Gov Orr says inflation remains too high, that's why we've kept cash rate at 5.5%
- RBNZ's Hawkesby says the New Zealand financial system remains strong
- New bank loans in China increased more than expected in January to a record high
- US Equities in 'Goldilocks' stage: Analyst forecasts continued upside despite valuations
- When will the ECB cut interest rates? de Cos says the March projections are critical
- Weekend headline: "EU Reaches Tentative Agreement on Fiscal Rules to Rein In Debt"
- Trade ideas thread - Monday, 12 February, insightful charts, technical analysis, ideas
- Monday morning open levels - indicative forex prices - 12 February 2024
Weekend:
- Weekly Market Outlook (12-16 February)
- The entire American economic philosophy can be distilled into a three-letter word
- ECB's Panetta said that time for an interest rate cut is "fast approaching"
- CIBC now sees one fewer Bank of Canada rate cut this year
- Newsquawk Week Ahead: US CPI, Retail Sales, Aussie jobs, UK jobs, CPI and GDP
- Forexlive Americas FX news wrap 9 Feb: S&P closes above 5000 for the first time ever.
It was a very dreary market FX market here in Asia to open the week with Japan, China, Hong Kong and Singapore all on holidays. China will be out all of this week. Hong Kong will be out Tuesday. In addition to the holidays the US football final for the year was played, further distracting any traders that did get into work. The Kansas City Chiefs won the Super Bowl for the second year in a row.
The FX moves we had were minor. EUR and GBP gained points early in the day but have both since retraced.
There was no data on the agenda. There was no news of impact.
Over the weekend the European Central Bank’s Panetta and de Cos both spoke, with both keeping rate cut hopes on the simmer (see bullets above for more).
