Author: FX

5/5 © Reuters. FILE PHOTO: Jeon Seok-ho, whose father died in the Chosei Coal Mine Disaster of 1942, prepares old photos of his family, during an interview with Reuters at his home in Daegu, South Korea, February 4, 2023. REUTERS/Soo-hyeon Kim 2/5 By Ju-min Park and Sakura Murakami UBE, Japan (Reuters) – On a crisp February morning, four elderly Korean men bowed their heads towards Japan’s Seto Inland Sea as the surf lapped near their shoes. They were paying respects to relatives entombed in a coal mine deep beneath their feet 80 years ago – among thousands of Korean bodies…

<p> Reuters estimate for the USD/CNY reference rate setting</p> This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Share: US Dollar Index stays defensive after two-week uptrend. Fed’s Barkin sounds dovish despite pushing back rate cut talks. US-China tension weigh on sentiment and favor DXY bulls amid dicey markets. US CPI for January appears important after recently firmer US jobs data, inflation cues. US Dollar Index (DXY) remains sidelined bear 103.60 as the greenback buyers await the US inflation data during early Monday, following a two-week uptrend. In doing so, the US Dollar’s gauge versus the six major currencies portrays the market’s cautious mood amid firmer US data, mixed comments from the Federal Reserve (Fed) officials…

5/5 © Reuters. A view shows the Loge d’honneur transformed into a bedchamber inside the Opera Garnier, during a media presentation of the space inspired by the Phantom of the Opera which will be rented through Airbnb to two people for one night, in Paris, France, Januar 2/5 By Mimosa Spencer and Manuel Ausloos PARIS (Reuters) – Airbnb is offering a night for two in the Palais Garnier opera house in Paris this summer, transforming a box in the theatre into a plush bedroom with sweeping views of the famous auditorium. The “Phantom of the Opera (NASDAQ:)”-themed stay – a…

The knives are out for Reserve Bank of Australia Governor Lowe:Lowe is not doing himself any favours. Apart from pre-prepared statements Lowe has not spoken publicly since November of 2022. But, he did brief a hedge fund here in Australia after a policy meeting. Had lunch with them too.The RBA says he didn’t add to what was already in the Tuesday policy Statement at the meeting with the fundA second meeting was scheduled for Wednesday, February 15 but this has been cancelled (the RBA is not completely tone-deaf it seems)As I said above, these meetings happen all the time, the…

Vornado Realty Trust Q4 Earnings Preview Source link

IAC/InterActive Q4 2022 Earnings Preview Source link

Share: EUR/USD is expected to display a downside below 1.0660 as the street fears a surprise rise in US inflation. Fed policymakers see interest rates higher for a more extended period as inflation is still elevated. ECB policymakers have been reiterating that Eurozone won’t face a deep recession, if it happens it will be shallow. The EUR/USD pair has showed a pullback move to near 1.0680 in the early Tokyo session. The pullback move by the major currency pair seems to lack strength and is facing barricades in extending its gains. The shared currency asset is likely to…

8/8 © Reuters. Seho Uyan, who survived a deadly earthquake, but lost his four relatives, sits in front of a collapsed building in Adiyaman, Turkey February 11, 2023. REUTERS/Sertac Kayar 2/8 By Ali Kucukgocmen and Henriette Chacar ANTAKYA/ELBISTAN, Turkey (Reuters) -Rescuers pulled more survivors from the rubble on Sunday, nearly a week after one of the worst earthquakes to hit Turkey and Syria, as Turkish authorities sought to maintain order across the disaster zone and began legal action over building collapses. With chances of finding more survivors growing more remote, the toll in both countries from Monday’s earthquake and major…

LunaKate/iStock via Getty Images As the U.S. Department of Justice cracks down against redlining, banks are working to ensure there is no discrimination in their lending operations, according to S&P’s (NYSE:SPGI) market analytics unit. Lenders have been stepping up efforts to ensure their operations are in line with government regulation, attorneys and banking advisers told S&P Global Market Intelligence. Redlining refers to the illegal practice of not providing services to individuals based on race or ethnicity. The DoJ began its Combating Redlining Initiative in 2021. “The DoJ has a large number of redlining cases under investigation now,” Chris Willis, co-leader…