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Australia S&P Global Services PMI up to 50.3 in April from previous 46.3
Australia S&P Global Services PMI up to 50.3 in April from previous 46.3
Fxstreet
Wed, Apr 22
South Korea Gross Domestic Product Growth (QoQ) came in at 1.7%, above expectations (1%) in 1Q
South Korea Gross Domestic Product Growth (QoQ) came in at 1.7%, above expectations (1%) in 1Q
Fxstreet
Wed, Apr 22
South Korea Gross Domestic Product Growth (YoY) came in at 3.6%, above expectations (2.7%) in 1Q
South Korea Gross Domestic Product Growth (YoY) came in at 3.6%, above expectations (2.7%) in 1Q
Fxstreet
Wed, Apr 22
USD/KRW: Rebound possible before proxy sell trade – OCBC
OCBC’s Christopher Wong observes that USD/KRW’s earlier decline has stalled, with bearish momentum fading and RSI recovering from oversold territory.
Fxstreet
Wed, Apr 22
South Korea Consumer Sentiment Index: 99.2 (April) vs previous 107
South Korea Consumer Sentiment Index: 99.2 (April) vs previous 107
Fxstreet
Wed, Apr 22
IDR: Stability-first stance supports currency – Societe Generale
Societe Generale analysts Kunal Kundu and Galvin Chia note that Bank Indonesia (BI) kept its policy rate at 4.75% and retained its 2.5% ±1% inflation target, emphasizing a stability-first approach.
Fxstreet
Wed, Apr 22
USD/SGD: Defensive profile shapes tactical trades – OCBC
OCBC’s Christopher Wong notes that USD/SGD has rebounded on stalled US–Iran ceasefire talks, with fading bearish momentum and rising RSI.
USD/SGD
Fxstreet
Wed, Apr 22
IDR: Policy on hold as BI defends currency – ING
ING’s Deepali Bhargava notes that Bank Indonesia (BI) kept its policy rate at 4.75%, focusing on Indonesian Rupiah (IDR) stability rather than tightening.
Fxstreet
Wed, Apr 22
China: Policy goals support non-fossil shift – Standard Chartered
Standard Chartered economists Hunter Chan and Shuang Ding argue that China has weathered the recent Middle East Oil shock relatively well due to its diversified energy mix and long-standing focus on non-fossil energy.
Fxstreet
Wed, Apr 22
United States 20-Year Bond Auction rose from previous 4.817% to 4.883%
United States 20-Year Bond Auction rose from previous 4.817% to 4.883%
Fxstreet
Wed, Apr 22
Russia Industrial Output above expectations (0.9%) in March: Actual (2.3%)
Russia Industrial Output above expectations (0.9%) in March: Actual (2.3%)
Fxstreet
Wed, Apr 22
ECB: Growth risks temper hike urgency – Societe Generale
Societe Generale’s Anatoli Annenkov expects the European Central Bank (ECB) to keep rates unchanged next week as focus shifts toward Euro Area growth and medium-term core inflation.
Fxstreet
Wed, Apr 22
Eurozone: Stagflation risk builds after Iran conflict – Rabobank
Rabobank strategists argue that the Iran war delivers a stagflationary shock to the Eurozone, lifting inflation and depressing Gross Domestic Product (GDP).
Fxstreet
Wed, Apr 22
UK inflation: Mixed CPI keeps BoE cautious – TD Securities
TD Securities notes UK headline CPI matched expectations at 3.3% year-on-year in March, reflecting early post-conflict price effects, especially from motor fuels.
Fxstreet
Wed, Apr 22
Reuters poll: Economists see Fed holding rates to September before cautious rate cuts
The latest Reuters surveys of economists suggest a notable shift in expectations regarding the trajectory of US monetary policy, with the timing of potential easing likely to come later than previously anticipated.
Fxstreet
Wed, Apr 22
Eurozone Consumer Confidence declined to -20.6 in April from previous -16.3
Eurozone Consumer Confidence declined to -20.6 in April from previous -16.3
EUR/USD
Fxstreet
Wed, Apr 22
US President Trump: Iran talks may be coming as soon as Friday – NYP
Citing United States (US) President Donald Trump and Pakistani sources on Wednesday, the New York Post reported that the second round of talks between the US and Iran could take place as soon as this Friday.
Fxstreet
Wed, Apr 22
ECB: Limited case for renewed rate hikes – Commerzbank
Commerzbank’s Dr. Vincent Stamer compares its Euro area inflation projections with European Central Bank (ECB) staff forecasts and concludes they are broadly aligned under the mild Iran War scenario.
Fxstreet
Wed, Apr 22
Euro area: Energy shock seen more disinflationary – Nomura
Nomura economists argue that the latest energy price surge will be a larger drag on Euro area growth than a persistent inflation shock. They stress weaker labour markets in Northern Europe, limited fiscal space, more spare capacity and slowing wage growth.
Fxstreet
Wed, Apr 22
Canada New Housing Price Index (YoY) dipped from previous -2.1% to -2.3% in March
Canada New Housing Price Index (YoY) dipped from previous -2.1% to -2.3% in March
Fxstreet
Wed, Apr 22
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