Forex Market Analysis & Articles
Chair Powell Testimony
Federal Reserve Chairman Powell: Isolated banking problems can threaten the banking system if not addressed.
Selection of today's news
According to the Wall Street Journal: JP Morgan had bags of material stored in a warehouse in the Netherlands that was supposed to contain nickel but turned out to be full of rock. The London Metal Exchange announced last week that sacks believed to hold 54 to...
Reserve Bank of Australia Minutes
Reserve Bank of Australia Minutes: Governing Council agrees to revisit interest rate freeze case Restrictive policy and an uncertain outlook are appropriate at some stage to keep rates steady TOEFF provides time to reassess the outlook for the economy
UK inflation resurgence points to final 25bp rate hike this week
January's dip in services inflation seems to have been a temporary one, and the bounce back in core CPI in February is unwelcome ahead of the Bank of England's meeting this week. We expect a final 25bp hike on Thursday
ETH/USD: Ethereum’s Long-Awaited Shanghai Upgrade in Final Stages
The withdrawal of staked ETH has been something on the mind of the Ethereum community for several years now, as it will mark the true completion of the network’s transition to proof-of-stake. With billions of dollars worth of tokens locked on the blockchain, t...
DJI: Dow Jones Unsteady Amid Bank Failure Prospects
Wall Street’s 30-stock benchmark turned in a small weekly loss, while its two peers added gains.
RBNZ: No immediate need to request reinstatement of expired US dollar swap line
The Reserve Bank of New Zealand said on Tuesday it saw no immediate need to request the reinstatement of a U.S. dollar swap line that expired in 2021.
The central banks of the United States, England, Japan, Europe, Switzerland, and Canada are taking coordinated measures to increase the supply of liquidity
The central banks of the United States, England, Japan, Europe, Switzerland, and Canada are taking coordinated measures to increase the supply of liquidity
UBS agrees to buy Credit Suisse for more than $2 billion, Financial Times reports
UBS (UBSG.S) has agreed to buy Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday.
Euro debt sales plunge in aftermath of banking rout
Euro debt sales plunged to just 3.3 billion euros ($3.51 billion) this week, Refinitiv data showed on Friday, in another sign of financial market stress resulting from banking turmoil on both sides of the Atlantic.
German bond futures trading on Eurex briefly interrupted after ECB decision - spokesperson
Trading in short-dated German government bond futures was briefly interrupted due to volatility after the European Central Bank's rates decision on Thursday, a spokesperson for Eurex said on Friday.