Yeah, I know, the holiday Friday, 2 April 2021, is NFP day … and the US Labour Dept is not taking the day off from releasing it!
Due at 1230GMT
Earlier:
Due at 1230GMT
Earlier:
Schlagwort-Archiv: Forex
PBOC sets USD/ CNY mid-point today at 6.5649 (vs. yesterday at 6.5584)
The People’s Bank of China set the onshore yuan reference rate for the trading session ahead.
– The previous close was 6.5655
– Reuters estimate from their survey was 6.5627, Bloomberg 6.5652 …. (A rate that’s significantly stronger or weaker than expected is typically considered a signal from the PBOC.)
– The previous close was 6.5655
– Reuters estimate from their survey was 6.5627, Bloomberg 6.5652 …. (A rate that’s significantly stronger or weaker than expected is typically considered a signal from the PBOC.)
ForexLive European FX news wrap: Quiet and steady with the Easter break in focus
Forex news from the European trading session – 1 April 2021
Headlines:
Markets:
– EUR leads, AUD lags on the day
– European equities higher; E-minis up 0.3%
Headlines:
Markets:
– EUR leads, AUD lags on the day
– European equities higher; E-minis up 0.3%
US March Challenger layoffs 30.60k vs 34.53k prior
Latest data released by Challenger, Gray, and Christmas Inc
The drop in job cuts here is the lowest monthly total since July 2018 so there are some signs that layoffs are slowing down and that US-based employers are able to get back on their feet again – job cuts led by the aerospace/defense industry so far this
The drop in job cuts here is the lowest monthly total since July 2018 so there are some signs that layoffs are slowing down and that US-based employers are able to get back on their feet again – job cuts led by the aerospace/defense industry so far this
OPEC+ said to be considering return to phased monthly oil production increases
But the bloc is also considering maintaining current production cuts as well
This isn’t too different from the earlier story but it reaffirms that there are still a bit of two-way risks going into the meeting today. The past half-hour has seen oil pare most of its earlier gains as WTI falls from $60.10 to
This isn’t too different from the earlier story but it reaffirms that there are still a bit of two-way risks going into the meeting today. The past half-hour has seen oil pare most of its earlier gains as WTI falls from $60.10 to
EUR/USD keeps afloat above 1.1700 but sellers still hold all the cards for now
Tough to find reasons to be bullish EUR/USD at the moment
The vaccine/recovery divergence story is arguably one of the key factors but also with the Fed allowing a steeper for longer narrative and the ECB not willing to pursue that path (Lagarde yesterday even challenged the market to do so), yields differential is another key
The vaccine/recovery divergence story is arguably one of the key factors but also with the Fed allowing a steeper for longer narrative and the ECB not willing to pursue that path (Lagarde yesterday even challenged the market to do so), yields differential is another key
Pfizer says its coronavirus vaccine appears highly protective against South Africa variant
Pfizer remarks in updated data on its COVID-19 vaccine
The headline will make for comfortable reading amid fears that the virus variants will throw a wrench in the works on the global recovery. That said, the trial sample size in South Africa is rather small i.e. 800 participants only.
The headline will make for comfortable reading amid fears that the virus variants will throw a wrench in the works on the global recovery. That said, the trial sample size in South Africa is rather small i.e. 800 participants only.
ForexLive European FX news wrap: Dollar, yen weaker ahead of month-end, quarter-end
Forex news from the European trading session – 31 March 2021
Headlines:
Markets:
– CAD leads, JPY lags on the day
– European equities mixed, S&P 500 futures up 0.1%
Headlines:
Markets:
– CAD leads, JPY lags on the day
– European equities mixed, S&P 500 futures up 0.1%
France said to be mulling a national lockdown to deal with rise in virus infections
France contemplates returning to a national lockdown
This could be a prelude of later in the day. With Germany also having extended its lockdown past Easter (and likely to continue further), Q2 is looking very much like a return to Q4 for Europe.
This could be a prelude of later in the day. With Germany also having extended its lockdown past Easter (and likely to continue further), Q2 is looking very much like a return to Q4 for Europe.
US MBA mortgage applications w.e. 26 March -2.2% vs -2.5% prior
Latest data from the Mortgage Bankers Association for the week ending 26 March 2021
– -2.5%
– Market index 730.8 vs 747.0 prior
– Purchase index 297.3 vs 301.9 prior
– -2.5%
– Market index 730.8 vs 747.0 prior
– Purchase index 297.3 vs 301.9 prior