A new foreign exchange swaps venue that gives voice trading desks the ability to match interest with e-books run by some of the biggest dealers could mark a significant step forward in the electronification of the interdealer market, its founders say. FXswapX, a dark matching platform built by Fintech incubator FastFin Labs, utilises a technology
The Japanese Yen attracts fresh buyers as stronger PPI reaffirms BoJ rate hike bets. Hopes for a US-Japan trade deal turn out to be another factor benefiting the JPY. A solid recovery in the global risk sentiment could cap gains for the safe-haven JPY. The Japanese Yen (JPY) regained positive traction during the Asian session
If approved by parliament, Masu will start his five-year term on July 1, replacing Toyoaki Nakamura, a former Hitachi executive known for his dovish stance on monetary policy. Masu’s appointment maintains the tradition of having a business leader on the nine-member BOJ board, which includes professionals from academia, economics, and government. Nakamura had opposed the
On Thursday, U.S. stock futures saw a modest increase following significant gains by major indexes, fueled by President Donald Trump’s decision to implement a 90-day halt on numerous new tariffs. During Wednesday’s trading session, the Dow and S&P 500 experienced substantial increases of 7.87% and 9.52%, marking their most significant single-day rises in five years.
USD/CAD rebounds to around 1.4105 in Thursday’s early Asian session. Trump announced a 90-day pause on higher reciprocal tariffs on US trading partners. The US CPI inflation report for March will be in the spotlight later on Thursday. The USD/CAD pair recovers some lost ground to near 1.4105 during the early Asian session on Thursday.
Canada PM Carney: Pause on reciprocal tariffs announced by President Trump is a welcome reprieve for the global economy Trump signal that U.S. will engage in bilateral negotiations will likely result in a fundamental restructuring of the global trading system This article was written by Eamonn Sheridan at www.forexlive.com. Source link
The Greenback reversed its initial loses to three-day lows and ended the session virtually unchanged in response to a late recovery fuelled by President Trump’s announcement of a 90-day delay on reciprocal tariffs. Source link
A deal could be struck with struck with China People were getting a little bit afraid about tariffs Trump says he pulled back on many global tariffs — but not on China — because people were getting ‘yippy,’ ‘afraid’ The 90-day pause is for the people who didn’t retaliate We have reversed tariffs for a
Due to high uncertainty about the net effect of an array of government policies on the economic outlook, the minutes of the Federal Reserve’s latest monetary policy revealed officials believe it remains appropriate to take a “cautious approach” to future interest rate decisions. The minutes also reiterated recent comments from Fed Chair Jerome Powell calling
The Minutes revealed that Federal Reserve policymakers almost unanimously agreed that the U.S. economy was at risk of experiencing both higher inflation and slower growth. They noted that “difficult tradeoffs” could lie ahead for the central bank. Key Takeaways All participants viewed it appropriate to keep interest rates unchanged in light of elevated uncertainty around
The Dow Jones is showing a potential double bottom pattern amid China’s retaliatory tariffs. Volatility is high, with the S&P 500 experiencing a significant daily reversal, and the CBOE Volatility index near its highest since August of the previous year. Upcoming FOMC minutes and US CPI data releases are expected, but tariffs may currently have
He clearly feels he can put the genie back in the bottle. BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before! At the moment, the calming words are working with the Nasdaq up 0.9%. He added: THIS IS A GREAT TIME TO BUY!!! DJT This
The relentless selling pressure in global markets shows no sign of abating, with European stocks and US futures once again under fire today. China’s latest retaliatory move to hike tariffs on US goods from 34% to 84% has reignited investor fears, just as the US implemented its own increase to a staggering 104% on Chinese
The Reserve Bank of India cut its key policy rates for the second straight meeting and also shifted its monetary policy stance to accommodative as trade tariffs pose risks to the outlook for both inflation and growth. At the first policy meeting of the financial year, the Monetary Policy Committee, led by RBI Governor Sanjay
The Reserve Bank of New Zealand lowered the official cash rate by 25 basis points to 3.5%. This is the lowest level since Oct. 2022 and follows a jumbo 50-basis point cut in February. The RBNZ has been aggressive in its easing cycle and has slashed rates by 200 basis points since August 2024. Today’s
UD Dollar (USD) has gathered downward momentum vs Japanese Yen (JPY), but it might not be able to break below 145.00. In the longer run, oversold weakness has not stabilized; there is a chance for USD to drop below 145.00 again before the risk of another rebound increases, UOB Group’s FX analysts Quek Ser Leang
2025.04.09 2025.04.09 Brent Bulls Meet Trump Trade War Turmoil. Forecast as of 09.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The oil market experienced another massive sell-off on the news. Hedge funds had placed too much trust in Donald Trump’s policies but received sweeping tariffs instead. This is just one of the challenges faced by Brent. Let’s discuss this topic
