FX option expiries for Sept 15 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.1830 823m1.1850 2.4bn1.1885 957m1.1910 637m USD/JPY: USD amounts 105.00 1.1bn105.70 535m105.95 999m106.00 665m
Read More »PBOC Injects CNY600 B Through One-Year MLF at 2.95%
The People’s Bank of China (PBOC) injected CNY600 billion via one-year medium-term lending (MLF) facility on Tuesday. The Chinese central bank issued the one-year MLF at 2.95%, unchanged from the previous operation. The PBOC kept the rates unchanged for the fifth month in a row. There is CNY170 billion reverse …
Read More »WHO: A Record Number of Daily Coronavirus Cases
The World Health Organization revealed a record number of daily infections with the Coronavirus around the world today, Sunday, reaching 307,930 cases in total within 24 hours. The organization reported on its website that India, the United States and Brazil recorded the largest increases. The daily number of deaths increased …
Read More »EU to delay UK Access Decision for Euro Clearing Due to Internal Markets Bill
The European Union is planning to delay the decision on allowing the UK to continue clearing euro transactions for EU-based clients due to concerns over the UK’s intention to break the Withdrawal Agreement with the Internal Markets Bill, Reuters reported on Monday, citing a derivatives industry source. The EU is …
Read More »Industrial Output For Eurozone Rose as Expected in July
According to data, industrial output for the Eurozone rose as expected compared to the previous month in July thanks to increased production of capital goods and consumer durables, but it is still far below last year’s levels due to the Covid-19 pandemic. The European Union statistics office Eurostat said industrial …
Read More »OPEC Monthly Report: The Global Economic Growth Forecast Reduced to -4.1% in 2020
OPEC Monthly Report: Reducing global economic growth forecasts to -4.1% in 2020 The economic growth forecast for 2021 was left unchanged at 4.7% Reducing Forecast for global oil demand growth by 0.4 million barrels per day in 2020 Raising Forecast of growth in non-OPEC supplies by 360 thousand barrels per …
Read More »Asian Stocks Closed Higher, Led by Japanese Stocks
Asian stocks closed the Asian period higher with the support of Japanese stocks after SoftBank announced that it wanted to sell the shares of this company for $ 40 billion, and Nvidia sought to acquire the shares of this company, which led to the rise in SoftBank shares during Today’s …
Read More »US Dollar Back to Decline, Eyes on Fed
The dollar fell on Monday, September 14th against other major currencies, as a wave of mergers and acquisitions lifted sentiment in global stock markets as investors looked forward to a week crowded with events including the US Federal Reserve meeting and the appointment of a new Japanese prime minister. Attention …
Read More »Turkey’s Industrial Production Accelerates
Data showed Turkish industrial production rose 4.4% year-on-year in July, exceeding expectations and continuing to accelerate since the economy reopened in June following anti-Coronavirus closures. In a Reuters poll, industrial output was expected to grow 3% year-on-year in July. Compared to the previous month, production in the manufacturing sector rose …
Read More »US Dollar Index Losing Some Steam and Approaching 93.00
The US dollar index, which measures the strength of the greenback against a basket of currencies, started the week negatively from the major support level at 93.00. The index fell for the second session in a row on Monday, moving just above 93.00 in a somewhat risky environment. At the …
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