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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do

A piece on US politics site Politico citing two people familiar with internal discussions. Two initiatives: the naval task force and also creating a named military operation for the Pacific that would enable the defense secretary to allocate additional dollars and resources to the China problem ps. Not breaking, was out during US time. 

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do

BNZ have a proprietary fair value model for the New Zealand dollar: Our short-term fair value model estimate for the NZD has pushed up to 0.7420, the highest level since 2014 Analysts at the bank outline 4 points that ought to be NZD positive, in summary: Our risk appetite index rose to 72% on Friday,

Forex news from the European trading session – 14 June 2021 Headlines: Markets: NZD leads, JPY lags on the day European equities a little higher; S&P 500 futures flat US 10-year yields up 0.5 bps to 1.457% Gold down 1.2% to $1,854.20 WTI up 0.6% to $71.31 Bitcoin up 0.4% to $39,154 It was a

Axios is a US-politics focused site. Reporting on Biden’s infrastructure ambitions it says getting the required number of Democrat votes “would be a long, uphill battle”. The article comes after late last week’s news that:  If you are interested in the politics I’ll refer you to the article, it does not appear to be gated.

Rising UK cases lead to delay reopening The UK has reported 7200 cases in each of the past two days — the highest since February. A reopening delay has been speculated on for the past two weeks and now there are multiple reports that it will be pushed back until July 19. Cable is near

Negotiations called “intense” The talks to revive the Iran nuclear deal are resuming in Vienna on Saturday.  European leaders called the negotiations “intense” with Germany calling for rapid progress.   The talks kicked off with Iran, Russia, China, France, Britain, Germany and the EU gathered in a hotel. The US delegation is across the street as

Oil prices continue to sizzle but Saturday’s Iran meetings are a big risk WTI crude oil rose 61-cents to $70.91 today and finished the week up 1.8% after a minor stumble on Monday. Oil is up $10 since May 21. At that time there were headlines indicating an Iran nuclear deal was close.  The market

Weekly US futures positioning data for the week ending June 11, 2021: EUR long 107K vs 109K long last week. Longs trimmed by 2K GBP long 27K vs 24K long last week. Longs increased by 3K JPY short 37K vs 47K short last week. Shorts trimmed by 10K CHF long 1K vs flat last week. Shorts increased

Merkel to meet with Biden on 15 July in the US Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT German chancellor Angela Merkel and US president Joe Biden arrange a meetup for next month From the press release: “President Biden looks forward to welcoming Chancellor Angela Merkel of

The prospect of a longer wait for the end of coronavirus restrictions in the UK has been doing the rounds for weeks, UK TImes latest piece on it: Ministers are considering delaying the end of coronavirus restrictions for a month to give businesses “certainty” and allow more time for people to receive two vaccinations, The

Remarks by Australian prime minister, Scott Morrison The idea is enticing but implementation may take a while with the HK-Singapore travel bubble also already pushed back for further review in early July. Nonetheless, it is a sign that the world is starting – or at least trying to – open up again. Invest in yourself.

Royal Institution for Chartered Surveyors (RICS), the survey measures the percentage of surveyors reporting a house price increase in their area. Comes in at +83 for May 2021 expected 77%, prior 75% RICS comment: With the economy performing better than could have been expected even a short while ago and the cost of money still at

10-year Treasury yields down to 1.495%, its lowest since 7 May Invest in yourself. See our forex education hub. We’re not seeing any wider reverberations yet as bond buyers are dipping their toes in the water with yields falling just under 1.50%. But as mentioned earlier, keep an eye on things here in case we

Comments on oil via ANZ, pointing to expectations of stronger demand.  ANZ reasoning this is due to accelerating vaccinations and easing travel restrictions.  Recent traffic data suggests travellers are hitting the roads as restrictions ease. Traffic congestion in 15 European cities is at its highest since the pandemic began, according to TomTom data. The boost to

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do