Author: FX
Australian household spending fell 0.4% in December after strong sales-driven gains, but quarterly volumes rose 0.9%, supporting the RBA’s recent rate hike as inflation is set to stay above target. investingLive Exclusive 22m ago Source link
Wall Street is in the grips of what Jefferies equity traders have dubbed the “SaaSpocalypse,” a historic, indiscriminate selloff of software stocks that has erased nearly $1 TRILLION in market value in a matter of weeks. The iShares Expanded Tech-Software ETF (IGV), which provides concentrated exposure to the Software-as-a-Service (SaaS) industry, has plunged 28% from its September 2025 peak and roughly 21% year-to-date in 2026 alone. January was the ETF’s worst month since 2008. 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…
MUFG Bank analysts Lin Li and Khang Sek Lee note the People’s Bank of China is keeping USDCNY fixings below 7.0000, allowing the Chinese Yuan to act as a stabilizing anchor for Asia FX. Analysts expect subdued CPI to sustain a dovish PBOC stance and see scope for a 10 bps policy rate cut and 50 bps RRR reduction by Q1 if growth disappoints.CNY resilience but growth still soft”We expect the CNY to remain a stabilizing anchor for most regional FX, supported by the PBOC continuing to set the daily USDCNY fixing rate below the 7.0000 level.””If there is any…
Singapore bank DBS fourth-quarter net profit falls 10% year over year Source link
Updating major FX. Its still early, just 0630 in Japan and 0530 in Hong Kong and Singapore. Pretty much just New Zealand and Australia active right now. Be wary of low liquidity thin trade until markets thicken up in the hours ahead. Takaichi’s super-majority win clears the way for fiscal expansion, lifting stocks but renewing pressure on JGBs and the yen as intervention risks stay firmly in play.Summary:Sanae Takaichi’s coalition secures a historic landslide and two-thirds super-majorityResult clears legislative hurdles for tax cuts and higher fiscal spendingEquities seen benefiting, while JGB yields and the yen face renewed pressureAnalysts flag funding…
Japan markets set for renewed ’Takaichi trade’ after landslide election win Source link
U.S. jobs and inflation data dominate after government shutdown delays, while RBA’s hawkish hike aftermath, European GDP prints, and China deflation fears complete a volatility-packed week. Source link
Olympics-Alpine skiing-Vonn’s dream gone in 13 seconds after horror crash Source link
The Spike Killer is a custom MT4 indicator that identifies and flags abnormal price spikes—those sudden, sharp movements that often reverse just as quickly as they appear. Unlike standard volatility indicators that simply measure price range, this tool examines the relationship between spike magnitude, timeframe, and subsequent price behavior. Here’s what makes it different: the indicator doesn’t just detect spikes. It categorizes them as either “kill signals” (likely to reverse) or “momentum signals” (likely to continue). This classification happens through a proprietary algorithm that compares the current spike’s characteristics against historical patterns within the same trading session. When loaded on…
Sun: Japanese Average Cash Earnings, Japanese Snap ElectionMon: Swiss Consumer Confidence (Jan), Mexican Inflation (Jan), US Consumer Inflation Expectations (Jan), Australian Household Spending (Dec)Tue: EIA STEO; Norwegian prelim. CPI (Jan), US NFIB (Jan), Weekly ADP, ECI (Q4), Export/Import Prices (Dec)Wed: BoC Minutes (Jan), OPEC MOMR; ECB Wage Tracker (post-meeting); Chinese Inflation (Jan), Norwegian GDP (Q4), US NFP (Jan)Thu: IEA OMR, EU Informal Leaders Retreat; Japanese PPI (Jan), UK GDP Prelim. (Q4), GDP (Dec), US Weekly/Continuing Claims; Existing Home Sales (Jan), South Korean Export/Import Prices (Jan)Fri: Indian WPI (Jan), Swiss CPI (Jan), EZ Prelim. Employment (Q4), GDP 2nd (Q4), US CPI…