China launches special initiatives to boost consumption and raise incomes
China launches special initiatives to boost consumption and raise incomes
China has vowed to revive consumption by raising people’s incomes as a key driver of economic growth, the official Xinhua News Agency reported on Sunday.
China
RealEstate
Consumption
Macroeconomics
China’s Shenzhen announces eased housing finance rules
China’s Shenzhen announces eased housing finance rules
On Sunday, China’s local government in the southern city of Shenzhen will further relax policy on housing provident fund loans as Shenzhen is looking to spur property sales further and help clear the overhang, per Bloomberg.
China
Macroeconomics
Weekend - China city Shenzen announced eased housing finance rules
Weekend - China city Shenzen announced eased housing finance rules
Shenzen looking to further spur property sales and help clear the overhang
CNY
China Stock Market
China
CNH
New Zealand February services PMI slumps back into contraction at 49.1 (prior 50.4)
New Zealand February services PMI slumps back into contraction at 49.1 (prior 50.4)
New Zealand’s services sector spent one month, January, in expansion,
ECB's de Guindos: Current uncertainty is even higher than it was during the covid pandemic
ECB's de Guindos: Current uncertainty is even higher than it was during the covid pandemic
Said again the ECB is confident that inflation is on track toward the 2% goal at the end of this year or the beginning of next - all indicators for services and underlying inflation are moving in the right direction
Australian Treasurer warns of higher inflation to come, jobs hit also
Australian Treasurer warns of higher inflation to come, jobs hit also
Addressing the impact of a cyclone that hit a major Australian population centre
ICYMI: $US3 to 5 billion in US beef, pork and chicken trade to China is at risk
ICYMI: $US3 to 5 billion in US beef, pork and chicken trade to China is at risk
Licences for hundreds of US companies to export meat to China expire this weekend
CNY
China Stock Market
China
CNH
USD
Weekend - China released a 30-point plan aimed at boosting domestic consumption
Weekend - China released a 30-point plan aimed at boosting domestic consumption
Focus is on increasing household income, encouraging spending.
CNY
China Stock Market
China
CNH
Economic calendar in Asia 17 March 2025 - Chinese economic activity data for February due
Economic calendar in Asia 17 March 2025 - Chinese economic activity data for February due
Chinese February data for retail sales, industrial production, and more, is due today
CNY
China Stock Market
China
economic calendar
CNH
Monday morning open levels - indicative forex prices - 17 March 2025
Monday morning open levels - indicative forex prices - 17 March 2025
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week.
Weekly Market Outlook (17-21 March)
Weekly Market Outlook (17-21 March)
We have a few top tier data releases amid the BoE and BoJ Rate Decisions with particular focus on the FOMC Policy Announcement.
market overview
Video: Why April 2nd will be a watershed for markets
Video: Why April 2nd will be a watershed for markets
That's the day the White House will reveal what it means by 'reciprocal tariffs'
CAD
USD
Forexlive Americas FX news wrap 14 Mar. Sharply lower Univ. of Michigan ignored. Stocks up
Forexlive Americas FX news wrap 14 Mar. Sharply lower Univ. of Michigan ignored. Stocks up
Forex news for North American trading on Mar 14, 2025
Session wrap
Wrap Nth America
Mark Carney becomes new Canadian Prime Minister, vows to meet Trump at the table
Mark Carney becomes new Canadian Prime Minister, vows to meet Trump at the table
Newly-minted Canadian Prime Minister Mark Carney took over the reigns of Canada from now-former Prime Minister Justin Trudeau on Friday morning, and the fresh Canadian leader wasted no time in declaring his intent to meet US President Donald Trump head-on as the Trump administration spools up a messy, global trade war with nearly all of the US's closest trading partners simultaneously.
Canada
TradeWar
UnitedStates
Dow Jones Industrial Average trims recent losses, but still has a steep hill to climb
Dow Jones Industrial Average trims recent losses, but still has a steep hill to climb
The Dow Jones Industrial Average (DJIA) fought back at the brink on Friday, clawing back roughly 500 points following a string of bad losses that saw the Dow Jones crumble 3,373 points, or -7.66%, peak-to-trough over a two-week period.
DowJones
SEO
Equities
Banxico: Uncertainty clouds Mexico's economic horizon – El Financiero
Banxico: Uncertainty clouds Mexico's economic horizon – El Financiero
Banco de Mexico (Banxico) Director of Economic Research Alejandrina Salcedo Cisneros said that uncertainty is having a widespread impact on the country's businesses, so the outlook points to a moderate expansion of regional economies.
Banxico
USDMXN
Mexico
Recession
Mexican Peso rises, poised for weekly gains ahead of Fed meeting
Mexican Peso rises, poised for weekly gains ahead of Fed meeting
The Mexican Peso (MXN) rallied against the US Dollar (USD) on Friday, ignoring softer-than-expected economic data revealed during the week that suggests the economy might slow down.
Mexico
USDMXN
ForeignTrade
Macroeconomics
SEO
Bakers Hughes oil rig count +1 at 487
Bakers Hughes oil rig count +1 at 487
Baker Hughes rig count for the current week
GBP/USD slides as UK economy falters ahead of central bank bonanza
GBP/USD slides as UK economy falters ahead of central bank bonanza
The Pound Sterling registers back-to-back bearish days, dropping some 0.14% on Friday against the Greenback after economic data from the UK revealed that the Gross Domestic Product (GDP) contracted.
GBPUSD
Majors
Fundamental Analysis
Technical Analysis
Ukraine's Zelenskyy: We have good chance to end this war quickly
Ukraine's Zelenskyy: We have good chance to end this war quickly
After negative comments on Russia earlier, Zelenskyy is softening up a bit
Ukraine says Russia encirclement of Ukraine troops in Kursk region is false
Ukraine says Russia encirclement of Ukraine troops in Kursk region is false
Ukraine military denies reports of Russian troops surrounding Ukrainian forces in Kursk region, Trump speaks out on Truth Social.
Reuters poll: Euro zone economy to grow 0.9% and 1.3% in 2025/2026
Reuters poll: Euro zone economy to grow 0.9% and 1.3% in 2025/2026
Latest Reuters poll on the Eurozone economy and the ECB
US UoM Consumer Sentiment Index is seen declining to 57.9 in March
US UoM Consumer Sentiment Index is seen declining to 57.9 in March
US Consumer Sentiment took a dip in early March, according to the preliminary reading of the University of Michigan’s Consumer Sentiment Index.
ConsumerConfidence
DollarIndex
EconomicIndicator
University of Michigan sentiment preliminary for March 57.9 versus 63.1 estimate
University of Michigan sentiment preliminary for March 57.9 versus 63.1 estimate
University of Michigan sentiment index for March preliminary
University of Michigan sentiment index to be released at 10 AM ET
University of Michigan sentiment index to be released at 10 AM ET
Markets are closely sensitive to the consumer sentiment
Stocks
EUR/USD holds ground with traders mulling German defense spending vote next week
EUR/USD holds ground with traders mulling German defense spending vote next week
The EUR/USD pair edges higher and recovers to 1.0900 at the time of writing on Friday, erasing its sluggish performance from earlier this week. The resurgence in the pair comes after two headlines emerged late Thursday. United States (US) Senate
EURUSD
Macroeconomics
SEO
Majors
GBP consolidates in mid-1.29s – Scotiabank
GBP consolidates in mid-1.29s – Scotiabank
Pound Sterling (GBP) is little changed on the session after UK GDP data fell 0.1% in the January month, a little weaker than forecast, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Technical Analysis
Banks
EUR/USD: Signs that German parties agree on debt package – Scotiabank
EUR/USD: Signs that German parties agree on debt package – Scotiabank
The EUR is tracking higher on the session, with late week dips to the low 1.08 zone prompting some renewed buying interest from bargain hunters.
EURUSD
Technical Analysis
Banks
CAD holds range on the day – Scotiabank
CAD holds range on the day – Scotiabank
The Canadian Dollar (CAD) is trading slightly more firmly on the session, helped by an improvement in risk appetite that has lifted high beta FX generally, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Technical Analysis
Banks
USD slips on the day – Scotiabank
USD slips on the day – Scotiabank
The Dollar Index (DXY) is trading lower at the end of the week.
DollarIndex
Technical Analysis
Banks