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RBNZ Governor Orr says that there would have to be an economic shock to cut by 50bp again. Not a surprise. Yesterday’s guidance from the Bank indicated 25bp rate cuts ahead. More on the Bank’s decision can be found here: ForexLive Asia-Pacific FX news wrap: RBNZ’s 3rd consecutive…

Greg Had the headlines from European Central Bank Executive Board member Piero Cipollone earlier: ECB’s Cipollone: Policy rates remain primary instrument for adjusting the monetary policy If you want more, MNI has posted 5 minutes of interview, link here. This article was written by Eamonn Sheridan at www.forexlive.com.

Jefferson is Vice Chair of the Board of Governors of the Federal Reserve more to come This article was written by Eamonn Sheridan at www.forexlive.com.

POLITICO has the report, here. In summary: The EU is open to reducing its 10% tariff on cars as part of broader negotiations with the U.S. EU Trade Commissioner Maroš Šefčovič signaled willingness to discuss a larger trade deal, including tech regulations and defense spending. President Trump has…

Major stock indices are closing higher with the S&P index closing at another record level. Shares of Palantir did not fare as well as it tumbled -10.08% after present from said that the Pentagon should look to cut spending by 8%. With the price at the highs today…

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: This article was written by Eamonn Sheridan at www.forexlive.com.

more to come — Expectations I had seen centred on: Headline crude +2.2 mn barrels Distillates -3.5 mn bbls Gasoline +0.8 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…

You’ll note that the People’s Bank of China Loan Prime Rate (LPR) setting is due today. Its not as relevant as it once was. I’ve posted on this before, but ICYMI. ps. The TL;DR on this (below) is that in June 2024 the PBoC designated the 7-day reverse…

The price of Palantir is trading down $-15 or -12% at $109.48 after Pres. Trump ordered the Pentagon to cut budget by 8%. The price of Palantir reached a new all-time high of $125.41 in trading today before rotating to the downside. You can argue that the software…

Trump attacks Zelensky in a post, calls him a dictator FOMC Minutes: The vast majority of participants judged risks to mandate roughly balanced US January housing starts 1.366M versus 1.39M expected Fed’s Bostic: Did not expect inflation to go in a straight line Trump admin orders Pentagon to…