China to take measures in dealing with the troubling power crunch
It is a tall order given the situation and there is already an expected toll to be had on China’s economy going into Q4. We’ll see how things go in the next few weeks/months but for now, the situation is still rather cumbersome – much

A look at what is on the board for today
I thought I posted this earlier but missed it in the drafts, so apologies on that. Just a couple of ones to take note of today, as highlighted in .

Remarks by Chicago Fed president, Charles Evans

Remarks by ECB president, Christine Lagarde
Adding to that, expect the so-called baseline scenario to include stepping up APP purchases eventually as they would look to ease the transition post-PEPP next year.

S&P 500 futures turn negative, down 0.1%
is starting to weigh on stocks at the moment as the early optimism fades in the equities space. Tech stocks are hurt the most as Nasdaq futures are marked down 0.6% after having traded positively as much as 0.3% earlier.

Adds that German inflation could stay above 2% through to mid-2022
The German central bank remarks in its monthly report but I reckon the key word in all of this is that they still view such price increases as „temporary“. However, this is the can being kicked down the road as policymakers had previously viewed this

Nikkei reports on the matter
This has been more or less confirmed since last week already as the virus situation in Japan has improved significantly in the past few weeks, allowing for state of emergency measures to end as they should at the end of this month.

Major central bank rundown
It has been a very busy week with the SNB, BoE, BoJ and the Fed all meeting this week. So this weekend is a great time for a catch up on the largest central bank moves. The central banks are listed below with their current state of play. The link for each

The People’s Bank of China added 320 bn yuan into the banking system this week, the largest weekly cash injection into the banking system since the middle of January this year. 

Forex news for North American trading on September 24, 2021
The CAD and the USD is ending the day as the strongest of the major currencies as the flow of funds into the CAD were by higher oil prices, and the US dollar continues to be supported by higher yields and perhaps a little flight to safety