Morgan Stanley has lowered its year-end 2025 targets for several major Asian stock indexes, citing downgraded global and emerging market growth forecasts along with updated currency expectations. The bank said upside potential from current levels is limited, with near-term risks skewed to the downside. Revised targets include: TOPIX: cut to 2600 (from 3000) Hang Seng […]
Category Archives: Forex News
16
Apr
Apr
China economic growth data is mixed: +1.2% q/q is disappointing expected +1.4%, prior +1.6% +5.4% y/y is a beat expected +5.1%, prior +5.4% more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link
16
Apr
Apr
Hong Kong SAR government statement said that Hongkong Post suspends the postal service for items containing goods to the US: “The Government of the United States (US) announced earlier that it would eliminate the duty-free de minimis treatment for postal items despatched from Hong Kong to the US and increase the tariffs for postal items […]
16
Apr
Apr
Japan data: February Core Machinery Orders +1.5% y/y (expected -0.9%, prior +4.4%) +4.3% m/m (expected +1.2%, prior -3.5% This is encouraging data. The caveat is, of course, that its for February, before the Trump tariffs hit the fan. — The core machinery orders data is a highly volatile series its used as a leading indicator […]
16
Apr
Apr
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
16
Apr
Apr
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
16
Apr
Apr
more to come — Expectations I had seen centred on: Headline crude +0.5mn barrels Distillates -1.2 mn bbls Gasoline -1.6 mn This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. The two […]
16
Apr
Apr
The NZDUSD has made a significant technical move today, climbing above the 200-day moving average for the first time since October 9, 2024. This long-term moving average, currently sitting at 0.5888, had held resistance on a couple of tests yesterday before breaking above the in the Asian Pacific session today: Earlier today, price surged above […]
16
Apr
Apr
The Bank of Canada has signalled it will ‘proceed carefully’ on further rate cuts but that was before the big US ‘Liberation Day’ risks to global growth and the recent drop in oil prices. The swift re-ordering has left the market off-balance about what the Bank of Canada might do at Wednesday’s meeting. At the […]
16
Apr
Apr
Amazon has reached out to its third-party sellers to better understand how the recent U.S. tariffs—particularly those targeting Chinese imports—are affecting their operations. Over 60% of Amazon’s sales come from third-party sellers, many of whom source products from China. The move signals Amazon’s concern over potential supply disruptions and pricing shifts ahead of peak retail […]