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A point to note about the US CPI report later
A point to note about the US CPI report later
A seasonal effect might push up the numbers in January
What is the distribution of forecasts for the US CPI?
What is the distribution of forecasts for the US CPI?
Knowing the range of expectations is important, but the distribution of forecasts is another key input in the market's reaction
market overview
European indices hold a slight advance at the open today
European indices hold a slight advance at the open today
Major indices in Europe are aiming for six straight weeks of gains to start the new year
Stocks
US Roadmap for AI
US Roadmap for AI
“The USA is doing a marathon at the speed of a 100-meter dash when it comes to AI.”
General
What are the main events for today?
What are the main events for today?
All eyes on the US CPI report
market overview
Eurostoxx futures +0.2% in early European trading
Eurostoxx futures +0.2% in early European trading
A calmer mood as we await the main events later in the day
Stocks
US inflation data in focus but will Trump tariffs steal the thunder?
US inflation data in focus but will Trump tariffs steal the thunder?
Trump said "we'll see" on whether reciprocal tariffs are coming later today
market overview
ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +
ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +
Forex news for Asian trading on Wednesday, February 12, 2025
Session wrap
Wrap Asia
Wall Street Journal on 'what we know' about Trump's reciprocal tariffs
Wall Street Journal on 'what we know' about Trump's reciprocal tariffs
Not a lot is confirmed but given Trump's actions so far, reciprocal tariffs are on the way
Politics
USD
Federal Reserve Bank of Atlanta President Raphael Bostic speaks on Wednesday
Federal Reserve Bank of Atlanta President Raphael Bostic speaks on Wednesday
Powell will repeat his Tuesday remarks, but the Q&A may differ slightly
US CPI data due Wednesday, here are the ranges of estimates (why they're crucial to know)
US CPI data due Wednesday, here are the ranges of estimates (why they're crucial to know)
Discover how unexpected US data results can significantly affect markets
Bonds
SPX
Nasdaq
USD
Reserve Bank of New Zealand preview - likely the final 50bp interest rate cut
Reserve Bank of New Zealand preview - likely the final 50bp interest rate cut
NZ FX and interest rate markets will likely continue to be driven by offshore events
RBNZ
NZD
Bank of Japan Governor Ueda will monitor the impact of US tariff and immigration policies
Bank of Japan Governor Ueda will monitor the impact of US tariff and immigration policies
Both are thought to be (US) inflationary, which will spark Ueda's interest
Bank of Japan Governor Ueda says will conduct monetary policy appropriately
Bank of Japan Governor Ueda says will conduct monetary policy appropriately
Will conduct monetary policy appropriately in order to achieve the 2% inflation targe
BOJ
JPY
PBOC sets USD/ CNY reference rate for today at 7.1710 (vs. estimate at 7.2971)
PBOC sets USD/ CNY reference rate for today at 7.1710 (vs. estimate at 7.2971)
PBOC CNY reference rate setting for the trading session ahead.
CNY
China Stock Market
China
CNH
pboc
Japan’s Foreign Trade Council says USD 1tln investment plan in the US is challenging
Japan’s Foreign Trade Council says USD 1tln investment plan in the US is challenging
Japan’s Foreign Trade Council Chairman says Japan's USD 1tln investment plan in the US is challenging but achievable
Will Bank of Japan Governor Ueda rescue the JPY? Speaking at 5 past the hour
Will Bank of Japan Governor Ueda rescue the JPY? Speaking at 5 past the hour
Yen crosses have slumped, Ueda will speak in the Japanese parliament.
BOJ
JPY
Bank of Japan Governor Ueda will be speaking Wednesday, February 12, 2025
Bank of Japan Governor Ueda will be speaking Wednesday, February 12, 2025
Ueda will appear in the Diet from 10.05 am Tokyo time, 0105 GMT / 2005 US Eastern time
PBOC is expected to set the USD/CNY reference rate at 7.2971 – Reuters estimate
PBOC is expected to set the USD/CNY reference rate at 7.2971 – Reuters estimate
The rate will be much lower than this, of course - this is a model estimate and somewhere around 7.20 is what to expect
CNY
China Stock Market
China
CNH
pboc
US media report says its all over for Powell - 'lame duck', but he'll still serve his term
US media report says its all over for Powell - 'lame duck', but he'll still serve his term
Seems a bit of a pointless article, but it does nominate Kashkari as the best replacement
Trump trade adviser: Australia 'killing aluminium market'  - blow to tariff exemption hope
Trump trade adviser: Australia 'killing aluminium market' - blow to tariff exemption hope
Trump's trade adviser Navarro says volume of US imports of primary aluminium from Australia has surged
More from Fed's Williams - says he is less worried about inflation expectations
More from Fed's Williams - says he is less worried about inflation expectations
Williams is head of the New York branch of the Federal Reserve
Summers: Very real possibility the next Fed move is going to be upwards on interest rates
Summers: Very real possibility the next Fed move is going to be upwards on interest rates
Says this is probably the most sensitive moment we’ve had for an escalation in inflation since the policy errors of 2021 that set off the significant inflation that we had.
MUFG analysts forecast that USD/JPY could decline to 140
MUFG analysts forecast that USD/JPY could decline to 140
And say that Bank of Japan Rate Hikes in September and December May Be Justified on Wages
BOJ
JPY
Economic calendar in Asia 12 February 2025
Economic calendar in Asia 12 February 2025
Asian Economic Calendar: Key Events and Consensus Expectations for 12 February 2025
economic calendar
More from Fed's Williams: The longer run trends are more neutral for inflation
More from Fed's Williams: The longer run trends are more neutral for inflation
Williams is head of the New York branch of the Federal Reserve
Forexlive Americas FX news wrap: No new talking points from Powell
Forexlive Americas FX news wrap: No new talking points from Powell
Forex news for North American trading on Feb 11, 2025
Session wrap
Wrap Nth America
US major indices close mixed. NASDAQ lower. S&P near unchanged, DJIA higher
US major indices close mixed. NASDAQ lower. S&P near unchanged, DJIA higher
US major indices close with varied results. NASDAQ ends lower while S&P holds steady and DJIA posts gains. Meta shares continue upward trend.
Stocks
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