Tuesday , January 26 2021

Recent Posts

Asia stocks rise as risk appetite returns


The happy mood continues with the Australian and Canadian dollars both enjoying positive GDP reports. EUR/USD remains under pressure and USD/JPY is marching forward. Will these trends extend? Join me for a live market open, hosted by FXStreet: walking though recent developments and their impact on currencies, going through charts of majors, minors and crosses, previewing [...]

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Australian Q4 GDP preview – ANZ

A man is reflected in a logo for the Australia and New Zealand Banking Group Ltd (ANZ) as he walks past a branch located in a Sydney suburb February 17, 2015. ANZ on Tuesday posted a 3.5 percent rise in first-quarter cash profit, warning that 2015 was shaping up to be a "slightly tougher, more volatile" environment. ANZ reported cash profit of A$1.79 billion ($1.39 billion) for the three months to Dec. 31, compared with A$1.73 billion a year ago, led by a strong domestic performance, while lower trading income and higher expenses hurt revenue growth.  REUTERS/David Gray     (AUSTRALIA - Tags: BUSINESS LOGO) - RTR4PV6V

The ANZ Economics Team is forecasting a 0.5% q/q increase in Australia’s Q4 GDP today vs 0.4% expected, which would suggest that growth remains modestly below trend. key Quotes “ANZ is forecasting a 0.5% q/q increase in Q4 GDP (mkt: 0.4% q/q) following the 0.9% q/q rise in Q3. Year ...

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China: PBOC’s easing stance on shifting sand – SocGen


Wei Yao, Research Analyst at Societe Generale, notes that yesterday, the PBoC announced to cut the required reserve ratio (RRR) for all banks by 50bp, effective starting 1 March. Key Quotes “In light of the rapid decline in FX reserves in the past few months, this move is overdue. In ...

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Improve Your Trading Success Without Risk

Forex Training

Demo trading is not suitable for everyone. Most traders start their trading journey by demo trading, which is a sensible way to start. Why risk real money in the market if you don’t know what you are doing. Demo trading is fine for new starters but some people find it ...

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