The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0928 compared to the previous day’s fix of 7.1235 and 7.1192 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, […]
Canada government announces ‘significant’ reductions to import quotas of General Motors and Stellantis More: Says it is reducing General Motors’ annual remission quota by 24.2% And is reducing Stellantis’ annual remission quota by 50% This article was written by Eamonn Sheridan at investinglive.com. Source link
Overall consumer prices in Japan were up 2.9 percent on year in September, the Ministry of Internal Affairs and Communication said on Friday. That was in line with expectations and up from 2.7 percent in August. On a monthly basis, inflation was up 0.1 percent – steady from the August reading. Core CPI also rose
Australia S&P Global Manufacturing PMI down to 49.7 in October from previous 51.4 Source link
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
2025.10.23 2025.10.23 Best Bank Stocks to Buy Right Now: Expert Analysis Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Bank stocks are often used to diversify investment portfolios and allocate money when the economy recovers. However, due to high volatility, only a few of them can be considered the best bank equities to buy for long-term investors. This article explores cases
When Citi’s global head of foreign exchange, Flavio Figueiredo, took on the top role in Citi’s global FX unit in the summer of 2023, priority number one was a strategic reset for the business. An internal review had identified gaps with peers in FX options and electronic trading, as well as with specific client segments
Spain’s foreign trade deficit increased in August from a year ago as exports fell faster than imports, preliminary data from the Economy Ministry showed on Thursday. The trade deficit rose to EUR 6.0 billion in August from EUR 4.8 billion in the corresponding month last year. In July, the shortfall was EUR 4.0 billion. Exports
What analysts expect from Microsoft’s Q1 results Analysts have set the bar high for Microsoft’s first quarter (Q1) performance. The consensus estimate points to revenue of $64.51 billion, with earnings per share (EPS) forecast at $3.11, representing year-on-year (YoY) growth of around 14%. The Intelligent Cloud division remains the star performer, contributing more than 40% of
Canada Employment Insurance Beneficiaries Change (MoM): 0.1% (August) vs previous 1.2% Source link
Energy strength powers FTSE 100 higher The FTSE 100 edged up 0.4% to approach record territory as energy and mining stocks drove broad market gains. BP and Shell both advanced more than 2%, helped by a near 4% jump in Brent crude to around $65 a barrel. The rally followed fresh US sanctions on major
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Asia Market Wrap – Asian Stocks Retreat Asian stock markets fell for the second day in a row on Thursday, following Wall Street’s selloff. This decline was driven by disappointing earnings from major US tech companies and growing geopolitical concerns over new US sanctions against Russia and potential new export controls targeting China. The broader
The euro remains steady amid signs of resilient growth and the ECB’s policy guidance. The USD strengthens amid expectations of two additional rate cuts by year-end. Traders await comments from FOMC members Bowman and Barr for further policy and economic directions. The EUR/USD outlook shows the pair under pressure, maintaining a cautious market sentiment amid
Financial market situation was characterized by low volatility in the third quarter of 2025. Signs of a cooling in the US labour market increased market expectations of a further easing of monetary policy in the US. The governing board concluded that the current implementation of monetary policy was appropriate under various scenarios and should therefore
