Temporary shutdown in communications.
Schlagwort-Archiv: GBP
AUD traders: Keep an eye on Iron Ore & coal prices
Iron Ore
Iron Ore prices (light orange)have moved sharply higher helping lift the AUD today as well as positive COVID news.
If Iron Ore prices keep rising higher then expect that to further support the AUD. Around 20% of all Australia’s exports are Iron Ore. Coal is the next highest export and those prices are already well
Iron Ore prices (light orange)have moved sharply higher helping lift the AUD today as well as positive COVID news.
If Iron Ore prices keep rising higher then expect that to further support the AUD. Around 20% of all Australia’s exports are Iron Ore. Coal is the next highest export and those prices are already well
Forexlive European FX News 11 Oct: JPY weakness sends the USDJPY higher to 113
Risk leans on, but risk remains
Other markets
– FTSE +0.32%
– Dax -0.47%
– CAC -0.34%
– Bitcoin +2.77%
– Gold -0.14%
– US oil +2.95%
Oil markets kept pushing higher on the three main drivers of low inventories, rising demand, and skilled OPEC market communication.
Other markets
– FTSE +0.32%
– Dax -0.47%
– CAC -0.34%
– Bitcoin +2.77%
– Gold -0.14%
– US oil +2.95%
Oil markets kept pushing higher on the three main drivers of low inventories, rising demand, and skilled OPEC market communication.
EU proposals due this week to try to solve N.Ireland protocol issues
EU proposals
Risk for the GBP this week is if PM Johnson plays hard ball with EU and no compromise decisions are reached over the N.Ireland protocol.
Risk for the GBP this week is if PM Johnson plays hard ball with EU and no compromise decisions are reached over the N.Ireland protocol.
Trading 101:the commodity currencies
Commodities are natural resources
The AUD, NZD & CAD are collectively known as the commodity currencies. Why? Because they are heavily influenced by their export of various commodities.
The AUD, NZD & CAD are collectively known as the commodity currencies. Why? Because they are heavily influenced by their export of various commodities.
Some China Evergrande offshore bondholders have not received interest payments
Constant risk
Keep in mind that the Evergrande crisis could spark risk off trading at any moment. Be aware of short the JPY…
Keep in mind that the Evergrande crisis could spark risk off trading at any moment. Be aware of short the JPY…
Bank of England Saunders says market pricing an earlier rate rise is appropriate
BoE Monetary Policy Committee (MPC) member Michael Saunders in an interview.
With the UK Telegraph (, may be gated).
link
Comments on the potential for rate rises from the Bank, and when:
With the UK Telegraph (, may be gated).
link
Comments on the potential for rate rises from the Bank, and when:
China has proposed a ban on private news media
China has flagged banning private capital from news reporting and distribution. Part of China’s crackdown on … everything?
The National Development and Reform Commission of the People’s Republic of China (NDRC) published a proposal late Friday:
The National Development and Reform Commission of the People’s Republic of China (NDRC) published a proposal late Friday:
Australian Navy to replace its European MRH 90 helicopters with US-made Seahawks
This of course follows along from the stink caused by Australia agreeing to buy US nuclear submarines and tear up its contract with France for diesel subs. Part of the new AUKUS agreement.
Weekend – China’s President Xi said reunification with Taiwan must, will be achieved
Xi was speaking on Saturday on achieving a peaceful reunification with Taiwan.
(via )
Reuters
Taiwan responded ( again) saying it would be defending its sovereignty and democracy.
(via )
Reuters
Taiwan responded ( again) saying it would be defending its sovereignty and democracy.