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Forex
forexlive.com 2 days ago

UK retail sales unexpectedly rise in August, backed by recovery in department stores, non-store retailers

UK August retail sales +0.5% vs -0.2% m/m expectedPrior -0.5%UK August retail sales +2.4% vs +1.9% y/y expectedPrior +1.6%; revised to +1.2%UK August retail sales (ex autos, fuel) +0.6% vs -0.2% m/m expectedPrior -0.9%UK August retail sales (ex autos, fuel) +2.7% vs +1.9% y/y expectedPrior +2.3%; re

Forex
forexlive.com 2 days ago

investingLive Asia-Pacific market news: BoJ hike and RBA hawkish tilt

Yen weakens on BoJ hike as two dissents temper hawkish read Alt headlines:Bank of Japan (BOJ) raises policy rate by 25bp, as expectedRe Airbus, Pratt & Whitney: French airline has grounded a newly upgraded aircraftGoldman keeps $5,400 gold forecast intact despite Fed hikeUBS sees two more RBA hikes

Forex
forexlive.com 2 days ago

Japan August inflation: Headline CPI 1.9% y/y (expected 2%)

Just the data here, I'll have more to come on this separately.August y/y headline CPI 1.9%expected 2.0%, prior 1.9%CPI Ex-Food and Energy (AKA core-core CPI) 1.7% expected 2.0%, prior 1.8%Ex-Food CPI (AKA core CPI) 1.7% expected 1.8%, prior 1.8%Background:Preview: BoJ rate hike bet stays intact as J

Forex
forexlive.com 2 days ago

New Zealand data, food price inflation in August same as in July

New Zealand August data.  Trade Balance -1349mn Expected -1775mn, Prior -2118mnAnnual Trade Balance -5.44bnImports 8bn Prior 9.33bnExports 6.66bnPrior 7.22bn ---Food Prices (y/y) 1.9% Prior 1.9%for the m/m +0.3% This article was written by Eamonn Sheridan at investinglive

Forex
forexlive.com 2 days ago

investingLive Americas FX news wrap 17 Sept

US September Philly Fed business index +37.8 vs +30.5 expectedUS August housing starts 1.275m vs 1.309m expectedUS initial jobless claims come in at 196K vs 208K estimateCanada August producer price index +1.3% m/m vs +0.6% priorBOE's Bailey: Decision on rates will get more difficult the longer the

Forex
forexlive.com 2 days ago

A view on inflation is increasingly important

The Fed has set out to tackle inflation and they certainly have the tools to get the job done. How aggressively they use those tools and how the economy responds is less certain, so is the geopolitical backdrop.At the moment, the market is pricing in the thinnest rate hike in US history so the conse

Forex
forexlive.com 2 days ago

Trump says he faces a “big decision” on whether to launch new attacks on Iran

US President Trump told Axios he is at a “critical juncture” regarding the war in Iran:The officials say Trump needs to decide soon on the way forward, partly because the US military can't stay in its current holding pattern much longer. “At some point you have to decide what is the end game.”Trump

Forex
forexlive.com 2 days ago

US August pending home sales +0.3% vs -0.6% expected

Prior was -2.3%Index at vs 71.2 prior This article was written by Adam Button at investinglive.com.

Forex
forexlive.com 2 days ago

US August housing starts 1.275m vs 1.309m expected

Prior was 1.239mPrior starts were -12.4%Building permits 1.394m vs 1.410m expectedPrior permits 1.433mUS housing starts fell 2.6% and permits were lower by 2.7% as the pain in the US housing market continues. US 30-year mortgage rates are now about 7% so there's no help coming but with the Fed showi

Forex
forexlive.com 2 days ago

US September Philly Fed business index +37.8 vs +30.5 expected

Prior was +47.4Details:New orders 29.2 versus 30.1 last monthShipments 27.7 versus 27.7 last monthUnfilled orders 20.4 versus 14.4 last monthDelivery times 26.5 versus 3.7 last monthInventories -12.5 versus -3.7 last monthPrices paid 48.6 versus 40.9 last monthPrices received 31.3 versus 17.7 last

Forex
forexlive.com 2 days ago

US initial jobless claims come in at 196K vs 208K estimate

US jobless claims for the week ending September 12:Initial jobless claims: 196K vs 208K expected. Prior 206KFour-week average of initial claims: 203.25K vs 206K previouslyContinuing claims: 1.730M vs 1.780M expected. Prior revised to 1.769M from 1.774MFour-week average of continuing claims: 1.761M v

Forex
forexlive.com 2 days ago

Canada August producer price index +1.3% m/m vs +0.6% prior

Prior was +0.6%Prices +13.5% y/y vs +12.4% priorRaw materials price index +3.1% m/m vs -2.1% priorRaw materials price index +22.8% y/y vs +18.2% priorThose are some real inflation pressures and help to explain why central banks are so worried. This article was written by

Forex
forexlive.com 2 days ago

China privately asks Iran to help rein in Houthis after Saudi appeal, sources say

China has privately asked Iran to use its influence over Yemen's Houthis to help contain the group's military campaign, according to three Iranian sources familiar with the matter. The request reportedly followed an appeal from Saudi Arabia to Beijing as Houthi forces rapidly expanded their control

Forex
forexlive.com 2 days ago

investingLive European session wrap: Markets rise as oil and bond yields ease after Fed, BOE holds rates

Headlines:BOE leaves bank rate unchanged at 3.75% in 6-3 voteLong-end Treasury yields stay calm as markets digest the FedWas the Fed really that hawkish or the market just overreacted? An objective overviewOil prices ease as Saudi Arabia projects to restore half pipeline capacity within days and Tru

Forex
financemagnates.com 2 days ago

A Quarter of VARIANSE's cTrader Clients Now Copy Other Traders' Strategies

About a quarter of VARIANSE's cTrader clients now use its built-in copy trading service, the broker said today (Thursday). It also described three strategy providers who each attracted between about $500,000 and $2 million in investor allocations.The cases show a broker using copy trading to bring i

Forex
forexlive.com 2 days ago

Euro area inflation nudges up in August to 3.2% as energy prices jump

Eurozone August final CPI +3.2% vs +3.3% y/y expectedPrior +2.9%Eurozone August final core CPI +2.4% vs +2.4% y/y expectedPrior +2.5%The breakdownThe final estimate shows a mild revision lower to headline annual inflation, recording 3.2% in August. The monthly estimate still reaffirms a 0.4% move hi

Forex
financemagnates.com 3 days ago

Leverate Lets Brokers' Clients Place Trades by Chatting With ChatGPT or Claude

Leverate has released a tool that lets traders at brokers using its platform place orders through AI assistants such as ChatGPT and Claude. An order reaches the market only after the trader approves it inside the chat, the company said.Called MCP for Traders, the tool connects an assistant to one li

Forex
financemagnates.com 3 days ago

Hedge Funds Can Now Backtest Kalshi Prediction Market Prices Through BMLL

BMLL has added Kalshi's historical order book data to the datasets it sells to hedge funds, the London-based data provider said today (Thursday). It maps the prediction market records onto the schema it uses for CME Group's event contracts, so one model can run on both.That matters for funds testing

Forex
financemagnates.com 3 days ago

iFOREX Cuts First-Half Earnings Estimate to $1.4 Million After Accounts Review

iFOREX Financial Trading Holdings Ltd. cut its first-half adjusted EBITDA estimate to about $1.4 million today (Thursday). That is roughly $1 million below the $2.4 million it gave investors less than two months ago.The London-listed CFD broker said the change came out of the review of its interim a

Forex
financemagnates.com 3 days ago

Devexperts Offers South Korean Brokers a Ready-Made Package for US Stock Trading

Devexperts began offering South Korean brokers a packaged service for US stock trading today (Thursday). The company said the package covers the client-facing platform, market data and order execution, so a broker can add US shares without assembling several vendors.The front end is DXtrade, which D

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