Economic News Category

Traders Anticipate Post-CPI Surge, Eyeing US 10-Year Yield at 4.3% Traders in US Treasury options are positioning for a bond rally and a sharp drop in yields following the release of crucial inflation data on Wednesday. Over the past week, there has been significant buying activity centered on options that would benefit from US 10-year

US Foreign Exchange Deposits Increase for Fourth Consecutive Month, Reaching $549 Million Retail forex deposits in the United States have seen a continuous rise for the fourth month, according to March 2024 data from the Commodity Futures Trading Commission (CFTC). In this period, the total value of client deposits in the forex market increased to

China Schedules Meeting to Discuss $138 Billion Ultra-Long Debt Offering China is set to launch the initial phase of its ambitious 1 trillion yuan ($138 billion) ultra-long special sovereign bond issuance this Friday, aiming to bolster the world’s second-largest economy. This announcement was made by the Ministry of Finance, which plans to issue various tranches

Mexican Peso Rises as Banxico Holds Key Rate Steady The Mexican Peso (MXN) experienced significant gains against its major trading counterparts following the Bank of Mexico’s (Banxico) latest policy meeting on Thursday. During the meeting, Banxico’s board unanimously decided to maintain the benchmark interest rate at 11.00%, leading to a robust appreciation of the Peso.

China’s Exports and Imports Rebound, Indicating Demand Recovery China’s exports and imports exhibited growth in April, rebounding from previous contractions and signaling a positive shift in domestic and international demand, which could bolster the nation’s unsteady economic revival. According to recent customs data, this improvement is largely attributed to a series of policy support measures