Forexlive RSS Breaking news feed

Forexlive RSS Breaking news feed

AUD/USD hits a new seven-week low as equity sentiment sags

Posted: 23 Nov 2021 07:33 AM PST

Australian dollar now lower on the day The move in the Australian dollar is still relatively small but it's coming under increasing pressure as equities dip. It's Thanksgiving week in the US and that's going to start sapping liquidity tomorrow but the chart in AUD/USD isn't a good one at the moment.

Richmond Fed manufacturing index +11 vs +5 expected

Posted: 23 Nov 2021 07:00 AM PST

Manufacturing survey from the Richmond Fed - Prices paid 12.28 versus 13.04 prior - Prices received 7.59 versus 9.42 prior

US November prelim Markit services PMI 57.0 vs 59.1 expected

Posted: 23 Nov 2021 06:45 AM PST

Highlights of the Markit survey for manufacturers and service providers The report said that new business remained buoyant but demand was slower from earlier in the year. Manufacturers reported higher new orders. Overall business remains very strong with outstanding business at the second-highest on record (since 2009).

Oil accelerates to the upside as the SPR release sputters

Posted: 23 Nov 2021 06:09 AM PST

The White House oil strategy is baffling Here's the thing: $80 oil isn't expensive. By hitting the panic button so early in the cycle and fighting a losing battle, the White House is showing that it's clueless on oil.

UK oil reserve release will be a token amount. Crude now higher on the day

Posted: 23 Nov 2021 05:46 AM PST

UK release will be a voluntary one of up to 1.5 million barrels The oil reserve releases from the US, China, India, Japan and South Korea were all well-telegraphed but the surprise name on the list was the UK, which hadn't been mentioned.

Manufacturing and another Treasury auction on the US agenda

Posted: 23 Nov 2021 05:33 AM PST

What's coming up today The global co-ordinated oil reserve release today is dominating the headlines at the moment but certainly not spooking the oil market. WTI is down 25-cents to $76.50.

Japan to release 'several days' worth of oil reserves

Posted: 23 Nov 2021 05:00 AM PST

Japan consumes about 4 million barrels per day NHK reports that Japan will release 'several days' worth of reserves. The nation is the world's fifth largest consumer of oil, at around 4 million barrels per day. So that's somewhere in the 12-24 million barrel range based on that stat. That sounds high but Japan has around

ForexLive European FX news wrap: Dollar steady, oil shrugs off SPR news

Posted: 23 Nov 2021 04:57 AM PST

Forex news from the European trading session - 23 November 2021 Headlines: Markets: - EUR leads, NZD lags on the day - European equities lower; S&P 500 futures -0.1%

Biden announces release of strategic petroleum reserve

Posted: 23 Nov 2021 04:04 AM PST

White House says this will make available up to 50 million barrels of oil from the US strategic petroleum reserve - This is to lower prices for Americans and address supply-demand mismatch The full statement by the White House can be found . Adding that the US is ready to take additional action if needed to address
Posted by: at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)