Month: December 2018

• 
  PBOC sets USD/ CNY reference rate for today at 6.8894

  Onshore yuan mid rate for the trading session ahead In Open Market operations: - PBOC injects 120bn yuan via 7-day reverse repos - PBOC injects[...]
  2018-12-27 14:30:07

---

• 
  China - Industrial profits for November: -1.8% y/y (prior was +3.6%)

  October's was a 7 month low, November's is now an 8 month low and an outright fall - This is th4e first negative result of[...]
  2018-12-27 14:30:07

---

• 
  China industrial profits drop, first time in 3 years

  The data for profits in December is here: China - Industrial profits for November: -1.8% y/y (prior was +3.6%) - The fall is the first[...]
  2018-12-27 14:30:07

---

• 
  ForexLive Asia FX news wrap: Data from China a weight on AUD

  Forex news for Asia trading Thursday 27 December 2018 Wednesday trade in US time saw a huge rise for share markets and a better bid[...]
  2018-12-27 14:30:07

---

• 
  US Commerce Department won't publish economic data during shutdown

  A bit of an ICYMI, Reuters with this on President Trump's shut down of the US government and its impact on economic data releases: -[...]
  2018-12-27 14:30:07

---

• 
  Sydney trader pleads guilty to manipulating Chicago futures market

  An Australian has been spoofing the market on the Chicago Mercantile Exchange (CME) - He apparently made 21K USD, says his lawyer  - From July 2012[...]
  2018-12-27 14:30:07

---

• 
  Risk currencies on the back foot even in early European trading

  The aussie and kiwi are weighed lower as poor Chinese data weighs ForexLive It is a mixed start to the session for the dollar as[...]
  2018-12-27 14:30:07

---

• 
  China says have made concrete plans for face-to-face meeting with US in January

  Comments by China commerce ministry spokesman Gao Added bonus for risk sentiment following yesterday's rebound and the earlier news . Sentiment remains rather cautious right[...]
  2018-12-27 14:30:07

---

• 
  Former ECB chief economist says current policy stance is "much too loose"

  Ex-ECB chief economist, Otmar Issing, comments in an interview - ECB stance is much too loose - Current policy is more expansive than during financial[...]
  2018-12-27 14:30:07

---

• 
  USD/JPY still making up its mind after yesterday's bounce

  Price bounced off support from the 110.00 handle this week ForexLive I never really like looking at charts and price movement during this time of[...]
  2018-12-27 14:30:07

---