Cash Is Pouring Out of Money-Market Funds. What’s Hot Instead.
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Read MoreInvesting in a franchise business can be profitable, but it is crucial to do your due diligence before making any commitments. Asking the franchisor the right questions can help you understand the business model, the support you’ll receive, and the potential risks involved. In this article, we’ll reveal…
Read MoreThe Reserve Bank of New Zealand have issued a list of upcoming speeches by senior official.s A note for the diary! Monday, 14 October at 9.15amGovernor Adrian Orr will speak about improving Māori access to capital Tuesday, 15 October 2024 at 11amDeputy Governor Christian Hawkesby will speak about…
Read MorePeople’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows…
Read MoreJapan preliminary PMIs, manufacturing slipping deeper into contraction, services improving a little. Manufacturing PMI 49.6 prior 49.8 Services 53.9 prior 53.7 Composite 52.5 prior 52.9 Snippet from the report commentary, price pressures will be welcomed by the Bank of Japan: expansion in business activity remained services-led in September,…
Read MoreMorgan Stanley has recommended that investors rethink their preference for Chinese stocks listed on the mainland in favor of those traded internationally. According to a Bloomberg (gate) report, this change in outlook is driven by shifts in the key factors that have traditionally made onshore Chinese shares attractive.…
Read MoreAustralian Treasurer Chalmers will hold a press conference after the RBA statement later today. Chalmers at 3pm Sydney time 0100 US Eastern time0500 GMT Chalmers has previously criticised the central bank as having smashed the economy with high interest rates. I suspect he’ll be deflecting more blame today.…
Read MoreTop Chinese financial officials PBOC governor Pan GongshengNFRA director Li YunzeCSRC president Wu Qing Press conference underway. Related to financial support for economic development. This article was written by Eamonn Sheridan at www.forexlive.com.
Read MorePeople’s Bank of China Governor Pan Gongsheng says will cut RRR by 50bp will cut mortgage rates also This article was written by Eamonn Sheridan at www.forexlive.com.
Read MoreThere is a press conference underway re support for the economy: PBOC and other senior economic officials press briefing underway PBOC Gov has announced the Bank will cut RRR and mortgage rates: People’s Bank of China will soon cut reserve requirement ratio by 50bp Also announcing now that…
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