Forex

Goldman Sachs expect US nonfarm payrolls at +225K

NPF data is due Friday, 4 November 2022. Goldman Sachs estimates include:nonfarm payrolls rose by 225k in Octoberunemployment rate unchanged at 3.5%average hourly earnings +0.35% m/m & +4.7% y/y GS cite:Labour demand remains...

Media reports of China’s new stealth lockdown approach covertly closing cities under Xi

Japan Times with a piece that fits with incremental reports being received out of China, where media is tightly controlled. Local officials, under pressure to implement Chinese President Xi Jinping’s strict “COVID zero”...

S&P 500 and GBPUSD Slide in FOMC Aftermath, How Will NFPs Steer Markets?

S&P 500, FOMC, BOE, GBPUSD, NFPs and USDCAD Talking Points:The Market Perspective: USDJPY Bearish Below 146; EURUSD Bullish Above 1.0000; Gold Bearish Below 1,680The FOMC’s rejection of a quick halt to its hawkish...

Some chatter of PBOC efforts to defend the yuan

The People's Bank of China set the reference rate lower than expected despite the USD strength on Thursday overnight. State bank activity is the chatter, with under 7.28 being tipped as a downside...

RBA statement: Not on a pre-set rate hike path

The Reserve Bank of Australia's Statement on Monetary Policy (SoMP) sets out the Bank's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output...

EUR/USD Rate Susceptible to Strong US NFP Report

EUR/USD Rate Talking PointsEUR/USD slips to a fresh weekly low (0.9730) as it remains under pressure following the Federal Reserve interest rate decision, and the US Non-Farm Payrolls (NFP) report may fuel the...

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