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Trump will address Congress soon
Trump will address Congress soon
9pm US Eastern time scheduled start
Politics
China’s Caixin Services PMI surprisingly jumps to 51.4 in February vs. 50.8 expected
China’s Caixin Services PMI surprisingly jumps to 51.4 in February vs. 50.8 expected
China's Services Purchasing Managers' Index (PMI) unexpectedly firmed to 51.4 in February from 51 in January, the latest data published by Caixin showed Wednesday.
China
PMI
EconomicIndicator
AUDUSD
China February Caixin Services PMI 51.4 (expected 50.8)
China February Caixin Services PMI 51.4 (expected 50.8)
The last of the PMIs from China for February
CNY
China Stock Market
China
CNH
Australian Dollar holds gains as US Dollar remains subdued ahead of ISM Services PMI
Australian Dollar holds gains as US Dollar remains subdued ahead of ISM Services PMI
The Australian Dollar (AUD) moves sideways on Wednesday, with the AUD/USD pair gaining ground
AUDUSD
SEO
Majors
Macroeconomics
Australia
New York Times reports Trump signalled privately he'll stick with tariffs
New York Times reports Trump signalled privately he'll stick with tariffs
is not trim them or withdraw them as Lutnick says
Bonds
Politics
SPX
CAD
USD
MXN
China's Finance Ministry says will step up the pace of fiscal spending
China's Finance Ministry says will step up the pace of fiscal spending
China's finance ministry stated early Wednesday that the government will increase the intensity of fiscal spending and will adopt more proactive, sustainable, robust, and effective fiscal policies in 2025.
China
Macroeconomics
US President Donald Trump readies order to bolster US shipbuilders and punish China - WSJ
US President Donald Trump readies order to bolster US shipbuilders and punish China - WSJ
The Wall Street Journal reported early Wednesday that the Trump administration is preparing an executive order to bolster US shipbuilders and cut Chinese dominance of the global maritime industry.
UnitedStates
China
TradeWar
Macroeconomics
China says it'll keep the yuan exchange rate basically stable
China says it'll keep the yuan exchange rate basically stable
The People's Bank of China have been doing a good job of this
CNY
China Stock Market
China
CNH
Lutnick tried to calm down tensions with Canada - report
Lutnick tried to calm down tensions with Canada - report
Lutnick called Ontario's Premier and asked him to deescalate rhetoric
Politics
Australian Q4 2024 GDP +0.6% q/q (vs. expected +0.5%)
Australian Q4 2024 GDP +0.6% q/q (vs. expected +0.5%)
Australian economic growth data for the final quarter of last year
China sets 2025 growth goals around 5%
China sets 2025 growth goals around 5%
Chinese authorities said early Wednesday that it will target economic growth for 2025 around 5% and will target CPI for 2025 at 2%.
China
Macroeconomics
GDP
CPI
WTI extends downside to near $67.50 on OPEC+ output rise, tariff threats
WTI extends downside to near $67.50 on OPEC+ output rise, tariff threats
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.65 during the early Asian session on Wednesday.
WTI
Oil
Macroeconomics
Commodities
New Zealand data - ANZ World Commodity Price Index +3.0% m/m (prior +1.8% in January)
New Zealand data - ANZ World Commodity Price Index +3.0% m/m (prior +1.8% in January)
The index tracks the prices of 17 of New Zealand's major commodity exports, including dairy products, meat, wool, forestry products, and seafood.
EUR/USD rallies hard as markets bet on tariff pivot
EUR/USD rallies hard as markets bet on tariff pivot
EUR/USD pinned the gas pedal on Tuesday, surging 1.4% and climbing 140 pips in a single session as markets sell off the US Dollar and bet that US President Donald Trump will find a reason to walk back his own tariff threats.
EURUSD
TradeWar
ECB
NFP
PMI
China says it'll target 2025 economic growth 'around 5%'
China says it'll target 2025 economic growth 'around 5%'
China target GDP growth in 2025 'around 5%'
China Stock Market
China
What Trump is going to talk about in his Tuesday evening speech
What Trump is going to talk about in his Tuesday evening speech
Trump is to address a joint sitting of the US Congress
Politics
USD/CAD tumbles to near 1.4400 amid trade tensions
USD/CAD tumbles to near 1.4400 amid trade tensions
The USD/CAD pair extends the decline to near 1.4400 during the late American session on Tuesday.
USDCAD
Majors
Macroeconomics
NZD/JPY Price Forecast: Bounces off 7-month low, but downtrend remains
NZD/JPY Price Forecast: Bounces off 7-month low, but downtrend remains
The NZD/JPY recovered some ground on Tuesday after dropping to a seven-month low of 83.15.
NZDJPY
Currencies
Crosses
Technical Analysis
RBA's Hauser: Measures of global trade uncertainty are at 50-year highs
RBA's Hauser: Measures of global trade uncertainty are at 50-year highs
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said early Tuesday that the measures of global trade uncertainty are at 50-year highs.
RBA
Australia
CentralBanks
Macroeconomics
We heard from the monkeys, organ grinder speaks later - Trump speech 9pm US Eastern time
We heard from the monkeys, organ grinder speaks later - Trump speech 9pm US Eastern time
Trump will address a joint sitting Congress - State of the Union
Politics
USD/JPY Price Forecast: Rebounds but struggles at 150.00 amid bearish pressure
USD/JPY Price Forecast: Rebounds but struggles at 150.00 amid bearish pressure
The USD/JPY advances some 0.17% late during the North American session, yet it remains shy of the 150.00 figure after slumping to a new year-to-date (YTD) low of 148.09.
USDJPY
Currencies
Technical Analysis
Japan Opens Doors to Foreign Stablecoins: USDC to Begin Trading on March 12
Japan Opens Doors to Foreign Stablecoins: USDC to Begin Trading on March 12
News Discussion Forum
By Finance Magnates
Japan Opens Doors to Foreign Stablecoins: USDC to Begin Trading on March 12
Japan is taking a significant step forward in stablecoin adoption, with SBI VC Trade securing regulatory approval to list Circle's USDC.
USDC
Circle
Australian Gross Domestic Product expands 0.6% QoQ in Q4 vs. 0.5% expected
Australian Gross Domestic Product expands 0.6% QoQ in Q4 vs. 0.5% expected
The Australian Gross Domestic Product (GDP) will be out early on Wednesday.
AUDUSD
GDP
RBA
SEO
US Commerce Secretary Lutnick hints Trump may roll back tariffs on Canada and Mexico
US Commerce Secretary Lutnick hints Trump may roll back tariffs on Canada and Mexico
US Commerce Secretary Howard Lutnick, during a televised interview on Fox News, hinted that US President Donald Trump may be preparing to pivot on his own tariffs less than 48 hours after imposing them.
TradeWar
Canada
Mexico
After-hours market volatility - chaotic, conflicting messages from Trump's administration
After-hours market volatility - chaotic, conflicting messages from Trump's administration
Huge moves across FX markets, USD getting smashed, as a minion gets trotted out to water down Trump's tariffs message
Bonds
SPX
USD
Oil - private survey of inventory shows a headline crude oil draw larger than expected
Oil - private survey of inventory shows a headline crude oil draw larger than expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Forexlive Americas FX news wrap: Huge market moves after US tariffs on Mexico and Canada
Forexlive Americas FX news wrap: Huge market moves after US tariffs on Mexico and Canada
Forex news for North American trading on Mar 4, 2025
Session wrap
Wrap Nth America
Heavy selling again hits US stock markets late, dashing recovery
Heavy selling again hits US stock markets late, dashing recovery
S&P 500 bounced to unchanged before sinking again
Stocks
Economic calendar in Asia Wednesday, March 5, 2025 - Bank of Japan Governor Ueda speaking
Economic calendar in Asia Wednesday, March 5, 2025 - Bank of Japan Governor Ueda speaking
Asian Economic Calendar: Key Events and Consensus Expectations for 05 March 2025
BOJ
economic calendar