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Investinglive

investingLive (formerly Forexlive), offers daily news, analysis and insights on forex, stocks, gold, crypto & more. Keep ahead of markets and trade smarter.

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News


investinglive.com > forex > pboc-is-expected-to-set-the-usd-cny-reference-rate-at-6-7083-reuters-estimate

PBOC is expected to set the USD/CNY reference rate at 6.7083 – Reuters estimate

20+ hour, 3+ min ago   (291+ words) ---The daily fixing is Beijing's quietest but clearest tool for telling markets how fast it wants the yuan to move, and lately the message has been to slow down. The People's Bank of China sets the daily USD/CNY reference…...


investinglive.com > news > nz-services-sector-expands-for-third-month-as-psi-rises-to-51-2

NZ services sector expands for third month as PSI rises to 51.2

21+ hour, 47+ min ago   (589+ words) Eyes are not on the kwiwi $ right now: New Zealand's services sector notched its strongest reading since returning to growth, but with sentiment souring and half the sub-indices still in contraction, this looks like a fragile recovery rather than a…...


investinglive.com > news > canada-employment-change-for-august-41-7k-vs-15-0k-estimate

Canada Employment change for August -41,7K vs 15.0K estimate

1+ week, 3+ day ago   (339+ words) Details for the month of August: The Canada employment report for August was weaker than expected. Employment fell by 41.7K, well below the expected gain of 15.0K, with losses in both full-time and part-time positions. Full-time employment declined by 35.9K, while part-time employment…...


investinglive.com > central-banks > coming-up-what-lagarde-may-say-next-two-days-after-the-ecb-s-rate-rise

Coming up: What Lagarde may say next, two days after the ECB's rate rise

3+ day, 18+ hour ago   (264+ words) Her prior comments linking Middle East-driven oil prices above $100 a barrel to inflation risk are the more market-relevant thread to watch for repetition, since any escalation in that language would sit alongside the broader energy-driven inflation story already playing out…...


investinglive.com > news > japan-wholesale-inflation-stays-hot-in-august-cements-case-for-boj-hike

Japan wholesale inflation stays hot in August, cements case for BOJ hike

3+ day, 19+ hour ago   (201+ words) Japan's wholesale prices came in hotter than expected again, leaving the Bank of Japan with little room to avoid a rate hike next week. Shell offloads 609-MW plant for $715M gain, acquires 169-MW PJM gas asset to lift trading returns. US…...


investinglive.com > news > nz-manufacturing-growth-slows-in-august-but-stays-above-long-term-average

NZ manufacturing growth slows in August but stays above long-term average

3+ day, 21+ hour ago   (159+ words) New Zealand manufacturing kept growing in August, just at a softer pace, with employment the sub-index worth watching closest. McClatchy slashes 40% of staff in bloodiest round of layoffs, gutting newsrooms nationwide. Tesla's Cybercab ditches steering wheel for hidden joystick, promising…...


investinglive.com > news > us-wholesale-inventories-1-3-in-line-with-expectations

US wholesale inventories +1.3% in line with expectations

4+ day, 6+ hour ago   (656+ words) U.S. wholesale inventories increased strongly in July, while sales rebounded following June’s decline. Inventories grew faster than sales during the month, pushing the inventories-to-sales ratio modestly higher. July inventories: $958.9 billion Month over month: +1.3% versus 1.3% expected Year over year: +5.7% The monthly increase…...


investinglive.com > central-banks > ecb-hikes-by-25-basis-points-as-expected

ECB hikes by 25 basis points, as expected

4+ day, 8+ hour ago   (283+ words) The euro sold off ahead of the announcement in a broad USD rally but it's bounced slightly to 1.1618. This is the second rate hike this year but was widely signaled ahead of time. Changes to economic forecasts: The ECB raised…...


investinglive.com > stocks > european-stocks-edge-higher-as-investors-brace-for-ecb-decision

European stocks edge higher as investors brace for ECB decision

4+ day, 6+ hour ago   (342+ words) Here's a quick snapshot of how we are starting the day in Europe: Regional equities are attempting a modest rebound at the open after yesterday’s sharp selloff, with Spain and Italy leading early gains with some light moves higher elsewhere....


investinglive.com > commodities > trump-aides-privately-warn-iran-war-could-last-his-full-term-wsj-reports

Trump aides privately warn Iran war could last his full term, WSJ reports

4+ day, 21+ hour ago   (175+ words) Behind closed doors, Trump's own team is preparing for a war that could outlast his presidency, even as he tells voters it will be over within weeks. Trump has lost all credibility with his repeated assertions, for more than half…...