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A rather light one on the economic calendar to start the new week Saudi Arabian oil facilities were attacked by Houthian drones over the weekend We’re seeing markets start to settle a […]

Forex news for Asia trading Monday 16 September 2019  Oil was the focus today with the attack on a Saudi Arabian production facility over the weekend. When I say "a Saudi Arabian […]

citing an unnamed Trump administration official ABC news officially: Adds ABC: — Pic from an earlier post of what was hit ForexLive Continue Reading:… Search Web: US media says Iran launched nearly […]

A piece on some of the folks in HK spotting opportunities to buy property in the midst of the protest fears.  from Bloomberg Same sort of folks likely buying into London in […]

The August data from China showed misses across the board: More remarks from the NBS, nothing unusual in here: I bolded that last one …. again, not unusual but more stimulus in […]

Chinese activity data for August is out, a series of misses: Some of the notable ‘highlights’: – IP grew at its slowest pace in 17.5 years – IP misses – Retail sales […]

IP data is part of the activity data release for the month For August up 4.4% y/y – vs. expected of 5.2% and previous 4.8% YTD is +5.6% y/y – expected 5.8%, […]

As part of the activity data release for the month Retail sales for August more to come   ForexLive Continue Reading:… Search Web: China Retail sales for August: 7.5% y/y (expected +7.9%)

Retail sales and Industrial production data for the month are on separate posts  Fixed asset investment (excl rural) % y/y – expected 5.7%, prior also 5.7% Continue Reading:… Search Web: China Fixed […]

Politico citing unnamed sources for the story here is the link The extra tariffs on the UE have been rumoured for some time. A EUR negative but not as much as if […]

Another snippet of M&A activity news for the session – this one a CAD positive.  Dream Global REIT’s units are dual listed on the Toronto Stock Exchange and the Frankfurt Stock Exchange […]

People’s Bank of China back with the mid-rate after the holiday in China on Friday  PBOC skips OMOs today. ForexLive Continue Reading:… Search Web: PBOC sets USD/ CNY reference rate for today […]

EUR/USD  USD/JPY  GBP/USD ForexLive Continue Reading:… Search Web: FX option expiry data for Monday September 16 at the 10am NY cut

Reports the invite came in August in a letter Kim sent to his new BFF.  – A South Korean newspaper reported  – citing diplomatic sources – In the letter Kim spoke of […]

Attacks on Saudi oil refining facilities over the weekend. ICYMI: Citi on the emerging market currency impacts, winners and losers. To outperform:  – RUB – Russian ruble  Losers: Continue Reading:… Search Web: […]

I posted earlier on this here: Australian intelligence says China responsible for cyber-attack on national parliament Reuters if you are interested.   Continue Reading:… Search Web: More on the story Australian parliament […]

Via New Zealand Institute of Economic Research (NZIER) survey of economists (l) ink here for more From the outlook: Other main points: For the NZ dollar: Continue Reading:… Search Web: Forecasts for the […]

The posts are here if you need a catch up on the attacks: In summary: – The attack has damaged the world’s biggest petroleum-processing facility – It has removed over half of […]

Says economy faces downward pressure – due to slowing global growth, protectionist unilateralism ForexLive Continue Reading:… Search Web: China’s Premier Li says maintaining economic growth of 6% or more is very difficult

Bellamy’s Australia is urging its shareholders to approve the deal. – with China Mengniu Dairy Company  ForexLive Continue Reading:… Search Web: Australia – China firm $1.5 bn takeover scheme for Australian firm

British Chambers of Commerce cut its forecast for economic growth this year and next Citing: – slower global economy – U.S.-China trade tensions – persistent drag from Brexit Growth forecast for this […]

Which will think liquidity in Asia FX at least until Singapore and Hong Kong become active. Just a heads up ICYMI.  ForexLive Continue Reading:… Search Web: A reminder that Japanese markets are […]

Reuters with the report, pretty sure this was said already but if not: Tensions with China are a negative for the AUD.  ForexLive Continue Reading:… Search Web: Australian intelligence says China responsible […]

US President Trump outlining what looks like the next steps from the US. The suspect is Iran.  and adds:   ForexLive Continue Reading:… Search Web: Trump says locked and loaded for response […]

Citi on the attack on Saudi oil production over the weekend, sy the market has been mispricing oil.  Huh. Right now there are numerous pronouncements being made, gotta say I dunno about […]

ICYMI, oil prices have surged in their biggest gap since 1991 on the attacks The earlier headline forecasts from GS are above in those bullets, a little more detail: Continue Reading:… Search […]

Dunno, but it occurs to me this is not a focus for markets at the moment? 😉 here’s what is:   ForexLive Continue Reading:… Search Web: NZ services PMI for August: 54.6 […]

Sunday evening futures trade in oil has opened the week’s crude trading – Brent up nearly 20% – WTI up near 15% – S&P futures down half a percent odd  ICYMI: Continue […]

Strategic Petroleum Reserve (SPR) Oil futures trade begins at 2200GMT I warned Trump was likely to tweet this:  While I reckon no SPR release is imminent we have a guy in the […]

ICYMI the weekend oil news is of disruption to supply due to attacks on facilities in Saudi Arabia  Will we get a release from the SPR?  – The Strategic Petroleum Reserve (SPR) […]

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: Continue Reading:… Search […]

ICYMI, attacks on Saudi oil facilities over the weekend, check the links for the news and what the implications are: Where we are at is its expected there will be supply disruptions, […]

Posting this as info, just keeping up with developments. Whether its believable or not I dunno. But here goes, thoughts from an  industry consultant Energy Aspects, comes via Bloomberg reports: Continue Reading:… […]

The UK Telegraph with the report – thinks he can get a deal with the EU within weeks – says the UK will leave on October 31 deal or no deal – […]

Here is what’s on the economic calendar in Asia today Take a moment, step back, stop trashing oil (or buying associated currencies) and check out the event calendar for today! Continue Reading:… […]

Unclassified images, the classified ones have not been released Maybe someone can make some sense from these pics? ICYMI: ForexLive Continue Reading:… Search Web: Images released of the extensive damage to Saudi […]

Sunday evening in much of the world but Monday morning in Asia. At this time of the cycle its only NZ with much activity, in addition to any of the non-sleeping electronic […]

ICYMI, oil prices will jump at the open on the attacks over the weekend: Via Platts now, in brief from their analysis: – Attacks increases concerns on about supply security in the […]

Comments from GS’ Energy Research & Senior Commodity Strategist – Brent oil up $3 to $5 if the shutdown time is less than a week – Up $5 to $14 if the […]

Good morning, afternoon or evening to all & welcome to the start of the new FX week. As is usual for a Monday morning, market liquidity is very thin. It improves as […]

Chris Weston from Pepperstone breaks down the euro and the week ahead I have put a detailed video together, firstly reviewing market moves this week, with a specific focus on last night’s […]

About 5.7 million barrels per day out Saudi Arabia is racing to restore half its oil production after 10 unmanned drones struck the world’s biggest crude-processing facility and the country’s second-biggest field. […]

Saudi oil production and export facilities hit Houthi drones attacked two Saudi Arabian oil plants in the heart of the kingdom’s oil industry, sparking massive fires. Continue Reading:… Search Web: Drone attacks […]

Profits and when to take them This article is in response to a comment made by Anwar on the ” that I published on September 07.  At the bottom of the piece […]

A great taboo of our age Sex, religion and politics are easier to talk about than the ‘M-word’. Well it’s true. Money is very hard to talk about. I was talking to […]

France raises spending, according to source cited by Reuters ForexLive Continue Reading:… Search Web: France 2020 budget deficit to be 2.2% vs April estimate of 2.0%

Better outlook for Portugal from S&P It’s easy to sell bonds when the central bank is buying them all. S&P said its rating at BBB was affirmed but that the outlook was […]

Forex news for Americas trading on September 13, 2019: Markets: – Gold down $10 to $1489 – WTI crude down 17 cents to $54.92 – US 10-year yields up 12 bps to […]

Support nearby Gold is near the lows of the week as it slumps $12 to $1487. The two levels to watch early next week are $1484 and $1479 early next week. Those […]

I would argue that we will, at least until Wednesday There is really only one event on the economic calendar next week: The FOMC decision. The change in tone on the trade […]

The pound was the top performer, the yen lagged Reversion is all the rage. The combination of risk-appetite and hopes for a Brexit deal have been a powerful combination this week, sending […]

Weekly US oil drilling data This is the fourth week in a row of fewer rigs for oil drillers. The consensus is for another 1mbpd rise in US production next year but […]