Author: FX
It’s time for a fresh batch of flash PMI readings from the euro zone! These leading indicators provide a glimpse into how the region has been faring and how the ECB may adjust interest rates next. Here’s what you need to know when trading these reports. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link
China is expected to keep its benchmark lending rates unchanged on Monday, marking a fourth straight month of stability despite the Federal Reserve’s move to cut rates last week. A Reuters survey of 20 analysts unanimously predicted no change, leaving the one-year loan prime rate (LPR) at 3.00% and the five-year at 3.50%.While recent data points to slowing momentum in the Chinese economy, policymakers appear reluctant to roll out large-scale stimulus, with resilient exports and a rally in domestic equities reducing pressure for action. The People’s Bank of China last week left its seven-day reverse repo rate—the main policy rate—unchanged,…
JHVEPhoto/iStock Editorial via Getty ImagesLockheed Martin’s (NYSE:LMT) Skunk Works division on Sunday introduced Vectis, a Group 5 collaborative combat aircraft designed to expand air dominance for the United States and allied militaries. The new drone concept combines stealth, affordability and mission flexibility to support everything from Source link
New York eyes record Climate Week despite Trump attacks on green agenda Source link
The Bank of Canada cut interest rates by 25 basis points from 2.75% to 2.50% in their September decision while offering minimal forward guidance on next moves. While the decision itself was no surprise, the slightly more downbeat tone in their accompanying statement suggested that further easing could be possible. Let’s examine which setups from our watchlist capitalized on the BOC’s less optimistic outlook and how they performed during this busy central bank week. Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before…
Trump’s H-1B visa crackdown upends Indian IT industry’s playbook Source link
US House lawmakers make rare China visit to stabilise ties Source link
’Fast and furious’: H-1B workers abroad race to US as Trump order sparks dismay, confusion Source link
China’s ByteDance will get 1 of 7 board seats for TikTok’s US operations, official says Source link
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