Author: FX
The US CPI report is due at 1230 GMT / 0830 US Eastern time:Following this we have plenty to come from the Federal Reserve.Times are in GMT / US Eastern time format:1245 / 0845 Federal Reserve Board Governor Michelle Bowman participates virtually in discussion on “Basel Capital Requirements” before the European Bank Executive Forum1645 / 1245 Federal Reserve Bank of Richmond President Thomas Barkin (virtually, from Richmond) and Federal Reserve Bank of Chicago President Austan Goolsbee (virtually, from Chicago) participate in “Reimagining Full Employment” panel1800 / 1400 Federal Open Market Committee issues minutes from its meeting of March 19-20, 2024…
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0959 as compared to the previous day’s fix of 7.0956 and 7.2300 Reuters estimates. Source link
The U.S. Bureau of Labor Statistics will release March CPI data on Wednesday morningAnother hot inflation report could shake the Fed’s monetary policy outlook, delaying rate cutsThe U.S. dollar and stocks will be very sensitive to consumer price index resultsMost Read: Gold Price Outlook – Drivers Behind Market Boom, Reversal or New Record Ahead?With inflation in the U.S. economy struggling to downshift this year, all eyes will be on the U.S. Bureau of Labor Statistics’ release of March CPI numbers on Wednesday. This report holds the potential to cause significant volatility across assets, so traders should prepare for the possibility…
SlavkoSereda/iStock via Getty Images Crude oil futures closed with a second straight loss Tuesday, taking a sliver of profits after hitting nearly six-month highs sparked by geopolitical risks and tight supply. Talks for a ceasefire in the Gaza war continued, but oil’s losses were limited following reports that Israel and Hamas are still far from an agreement. Citing rising geopolitical risks, Morgan Stanley analysts raised their Brent crude price forecast for Q2 by $4.50/bbl to $92 and for Q3 by $4/bbl to $94. The bank said it sees tightness in Q2 and Q3 with OPEC supply restraints, some downside to…
Poster outlines the parameters for developing a flow-cytometry-based PPMP as a companion diagnostic to predict volasertib responders, based on a proof-of-concept study using 41 primary acute myeloid leukemia (AML) samples Plans to incorporate a dose optimization prelude to enhance patient response and tolerability also outlined in the poster FOSTER CITY, Calif., April 09, 2024 (GLOBE NEWSWIRE) — Notable Labs, Ltd. (Nasdaq: NTBL) (Notable or the Company), a clinical-stage precision oncology company developing a new class of cancer therapies identified by its Predictive Precision Medicine Platform (PPMP), today presented the design for the PPMP-enabled Phase 2 trial with volasertib, in combination…
The price of the WTI crude oil futures are settling at $85.23. That is down $1.20 or -1.39%. The high price for the day reached $86.94. The low price was at $85.11. The price is closing near the session lows. Looking at the hourly chart above, the price is approaching its rising 200-hour moving average at $84.67. The price last traded below that moving average back on March 27 (near $81.40 at the time). That level also corresponds with swing lows from April 4 and April 8th. A move below that level, and the 38.2% of the move up from…
NZD/USD can’t seem to bust through last week’s highs! Is it because a previous support zone is not holding as resistance? As mentioned in last week’s FX Weekly Recap, the New Zealand dollar benefited from an anti-USD and generally risk-friendly trading environment. The U.S. dollar, on the other hand, had a hard time recovering from worse-than-expected sentiment reports from the services sector. NZD/USD extended its first-week-of-April upswing, continuing from the .6000 psychological handle all the way to the .6050 area that marked last week’s highs. Source link
Gold prices rose in Pakistan on Wednesday, according to data compiled by FXStreet. The price for 24-carat Gold stood at 19,524.82 Pakistani Rupees (PKR) per gram, up PKR 58.17 compared with the PKR 19,466.66 it cost on Tuesday. The price for 24-carat Gold increased to PKR 227,733.70 per tola from PKR 227,055.25 per tola. Unit measure Gold Price in PKR 1 Gram 19,524.82 10 Grams 195,248.23 Tola 227,733.70 Troy Ounce 607,290.33 FXStreet calculates Gold prices in Pakistan by adapting international prices (XAU/USD) to the local currency and measurement units. Prices are updated daily based on the market rates taken…
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Well, thats it from Ueda. He had the opportunity to say something, anything, to push back against the sliding yen but he hasn’t. He isn’t normally the ‘go to’ official for intervention-type comments but with USD/JPY within just a few spreads of the psychological 152.00 level I thought he might have said something. Nope. Maybe the Nikkie is liking the weak yen a little too much for any push back today? Source link