News
Important Only
When is the Japan quarterly prelim GDP and how could is affect USD/JPY?
The Japan’s Cabinet Office will publish its data for the third quarter (Q3) at 23.50 GMT. Gross Domestic Product is estimated to show a contraction of 0.6% QoQ in the Q3, compared to an expansion of 0.5% in the previous reading.
Fxstreet
Sun, Nov 16
China rare earths deal will 'hopefully' be done by Thanksgiving, Bessent says
WASHINGTON, Nov 16 (Reuters) - A rare earths deal between the U.S. and China will "hopefully" be done by Thanksgiving, Treasury Secretary Scott Bessent said in remarks that aired on Sunday.Bessent's comments follow a framework agreement announced last month in which Washington agreed not...Reuters
Sun, Nov 16
Bessent says China rare earths deal will 'hopefully' be done by Thanksgiving
WASHINGTON, Nov 16 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Sunday a rare earths deal with China will "hopefully" be done by Thanksgiving.He told Fox News he was confident China will honor agreements on rare earths.Reuters
Sun, Nov 16
Swiss didn't make a deal with the devil on US tariffs, minister says
Nov 16 (Reuters) - Switzerland did not make a deal with the devil by agreeing a new tariff framework with the United States, Economy Minister Guy Parmelin said on Sunday, rejecting criticism that it amounted to "surrender" in Donald Trump's trade war.The non-binding framework trade agree...Reuters
Sun, Nov 16
Former Fed Governor Kugler's exit came amid forbidden trading activity
Fed's Kugler exited central bank amid trading rules violationsNew disclosures detail trading that broke Fed rulesKugler faces Fed Inspector General Inquiry By Michael S. Derby NEW YORK, Nov 15 (Reuters) - Former Federal Reserve Governor Adriana Kugler, who abruptly resigned this summer, h...Reuters
Sat, Nov 15
New York Fed met with banks over key lending facility
Nov 14 (Reuters) - New York Federal Reserve President John Williams met with Wall Street banks this week to discuss a key short-term lending facility, a New York Fed spokesperson told Reuters. "President Williams convened the New York Fed's primary trading counterparties (primary de...Reuters
Sat, Nov 15
Former Fed Governor Kugler's trading activity scrutinized, documents show
By Michael S. Derby NEW YORK, Nov 15 (Reuters) - Adriana Kugler, a Federal Reserve governor who abruptly resigned her position in August, filed a financial disclosure form for investments that the central bank’s ethics officer declined to certify.The form filed with the Office of Government Ethic...Reuters
Sat, Nov 15
TREASURIES-US yields advance as risk aversion eases, Fed pause in December likely
US two-year yields post largest weekly rise since mid-JuneUS 2/10 yield curve bear steepens, suggesting Fed pause imminentRate futures price 40% chance of rate cut in DecemberFed's Schmid, Logan favor pause in December meetingBy Gertrude Chavez-Dreyfuss and Alden Bentley NEW YORK, Nov 14 (Reu...Reuters
Fri, Nov 14
Fed's Bostic: Hope a lot of data will be available for the upcoming meeting
WASHINGTON, Nov 14 (Reuters) - Atlanta Fed President Raphael Bostic said Friday he was hopeful the Fed would have a lot of new data in hand for its December meeting to clarify what is now a muddled picture of where inflation and the unemployment rate are heading.Newly reopened federal agencies on Fr...Reuters
Fri, Nov 14
FACTBOX-Schedule for US economic data delayed by government shutdown
Nov 14 (Reuters) - The statistical agencies responsible for publishing data about the U.S. economy have begun updating release schedules following the reporting lapse that occurred during the federal government shutdown.Following are the latest release dates for data that was missed during the shutd...Reuters
Fri, Nov 14
Fed's Logan: Would be hard to support December rate cut
Logan did not support a rate cut in OctoberLabor market not now in need of further preemptive insurance, Logan saysLogan next votes on rate-setting next yearBy Ann SaphirNov 14 (Reuters) - Dallas Federal Reserve President Lorie Logan on Friday again signaled she would oppose an interest-rate cut in ...Reuters
Fri, Nov 14
Fed's Logan: would be hard to support December rate cut
Nov 14 (Reuters) - Dallas Federal Reserve President Lorie Logan on Friday again signaled she would oppose an interest-rate cut in December, after also opposing the Fed's rate cut in October, because of her concern that inflation is too high, trending upward, and taking too long to get to the Fed...Reuters
Fri, Nov 14
Fed's Miran says data bolsters rate-cut case -Fox Business interview
Nov 14 (Reuters) - Federal Reserve Governor Stephen Miran said on Friday that recent economic data have bolstered the case for the central bank to cut interest rates.Since the Fed’s September policy meeting, “I think all the data that we've gotten have been dovishly inclined,” Miran said in a Fo...Reuters
Fri, Nov 14
IMF approves fresh, smaller $24 billion credit line for Mexico
Nov 14 (Reuters) - The International Monetary Fund on Friday said its executive board had approved a new two-year, $24 billion flexible credit line for Mexico to act as a buffer against external risks, noting the country has steadily reduced its reliance on the precautionary fund in recent years.The...Reuters
Fri, Nov 14
US Census Bureau will release August trade, construction reports next week
WASHINGTON, Nov 14 (Reuters) - The U.S. Commerce Department's Census Bureau said on Friday it would next week publish August's construction spending, factory orders and international trade, data that were delayed because of the recently ended shutdown of the federal government.The constructi...Reuters
Fri, Nov 14
Public Investment Fund Dissolves Share Stake In Pinterest, Linde PLC, Cummins
Nov 14 (Reuters) - Public Investment Fund:PUBLIC INVESTMENT FUND REPORTS SHARE STAKE OF 177.1 MILLION SHARES IN LUCID GROUPPUBLIC INVESTMENT FUND DISSOLVES SHARE STAKE IN PINTEREST INC - SEC FILINGPUBLIC INVESTMENT FUND DISSOLVES SHARE STAKE IN LINDE PLCPUBLIC INVESTMENT FUND DISSOLVES SHARE STAKE I...Reuters
Fri, Nov 14
Government shutdown underscores need for Fed's independence, Kansas City Fed's Schmid says
Nov 14 (Reuters) - That the Federal Reserve continued to function during the U.S. government shutdown is one more reason that the U.S. central bank needs to stay independent, Kansas City Fed's Schmid said."There's probably a real good lesson in the whole issue of independence to have an ...Reuters
Fri, Nov 14
