Author: FX
Singapore's DBS flags higher margins, plans capital return Source link
Reciprocal tariffs will go into effect almost immediatelyTrump says he will announce 25% steel and aluminum tariffs on MondaySteel and aluminum tariffs to apply to all countriesNippon Steel can’t have a majority stake in US SteelThere is usually a process for this so we will see how it actually shakes down. For instance, in 2017, the steel and aluminum tariffs under Section 232 required an investigation that strated on April 20, 2017 and it wasn’t until March 1, 2018 that they went into effect. Now he could argue the old investigation still applies but that could face challenges in court…
Ukraine's Zelenskiy: Trump plan must not only end war but prevent new Russian aggression Source link
The FX market enters another pivotal week marked by significant central bank divergence, trade dynamics, and global inflation updates! Source link
This week our currency strategists focused on the New Zealand Employment report and Bank of England monetary policy statement for potential high-quality setups in the Kiwi and the British pound. Out of the eight scenario/price outlook discussions this week, two discussions arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our…
AI imageDoes Trump want tariffs to raise revenue or does he want foreign countries to lower barriers? His comments and actions indicate he wants it both ways.On Friday, the market was concerned about the latest comments from Trump.“I’ll be announcing that next week — on reciprocal trade — so that we’re treated evenly with other countries. We don’t want any more or any less,” Trump told reporters in the Oval Office.This follows a report saying he would enact reciprocal tariffs, particularly on autos.Trump has said that he wants US automakers to be treated equally in Europe. Currently the US has…
Capital One Financial declares $0.60 dividend Source link
Thai nationals held captive by Hamas for 15 months return home Source link
Daniel Noboa expected to triumph in Ecuador presidential race on security promises Source link
China January CPI 0.5% y/y, highest level in five monthsexpected 0.4%, prior 0.1%core was 0.6% y/y, from 0.4% in December the m/m was 0.7% (expected 0.8%, prior 0.0%)PPI -2.3% y/y, deflation continuedexpected -2.1%, prior -2.3%***China’s consumer inflation accelerated in January, reaching its highest level in five months, while producer price deflation continued, reflecting mixed consumer spending during the Lunar New Year. The consumer price index (CPI) rose 0.5% year-on-year, up from December’s 0.1% increase and exceeding market expectations of 0.4%. Core inflation, which excludes food and fuel prices, also edged up to 0.6% from 0.4%.The rise in CPI was largely…