Fed's Goolsbee: You don't want to tighten any longer than you have to

• Remarks by Chicago Fed president, Austan Goolsbee

Economists expect Japan's CPI to have ticked higher in July

• Higher inflation supports the Bank of Japan raising rates

RBA Governor Bullock's comment that its ‘premature’ to think about rate cuts helping AUD

• (and everything else?)

JP Morgan still tipping 100bp of Federal Open Market Committee (FOMC) rate cuts in 2024

• A 100bp lower Fed Funds rate is still restrictive

Reserve Bank New Zealand Governor Orr: Strong confidence inflation is back in 1 - 3% range

• RBNZ on a rate cut cycle now

RSI: Overbought or oversold?

PBOC sets USD/ CNY reference rate for today at 7.1464 (vs. estimate at 7.1739)

• PBOC CNY reference rate setting for the trading session ahead follows the huge surge for the US dollar on Thursday

One month to go (until the Federal Open Market Committee (FOMC) rate cut)

• The countdown is on

RBNZ's Silk says the Bank is taking a measured approach to rate cuts

• RBNZ Assistant Governor Silk

How to trade during holidays and slow markets

PBOC is expected to set the USD/CNY reference rate at 7.1739 – Reuters estimate

• PBOC CNY reference rate setting for the trading session ahead.

AUD/USD is unmoved as Reserve Bank of Australia Governor Bullock speaks

• Australian dollar sleeping through this testimony

RBA's Bullock says underlying inflation remains too high

• Reserve Bank of Australia officials appearing in parliament today

Exercise your trading muscle

Reminder - Barrage of RBA speakers coming up at the bottom of the hour

• Including Governor Bullock

Bank of America on Powell speaking at Jackson Hole - to keep aggressive easing option open

• Powell's speech is unlikely to have much impact on the US dollar

The People's Bank of China has switched up its main policy rate to watch

• This was confirmed by the delay to the MLF announcement yesterday

Trading psychology: Avoiding common traps in your trading

Federal Reserve Chair Powell to speak at 10am US Eastern time on August 23

• Powell's Jackson Hole timing revealed

Economic calendar in Asia Friday, August 16, 2024 - RBA and RBNZ Governors both speak

• Reserve Bank of Australia Governor Bullock and Reserve Bank of New Zealand Governor Orr are both speaking today. The Holder vs. The Cutter.

Barclays frontloads next BOJ hike to January from April

• The falling currency today is certainly inflationary

Have you heard of the four week rule?

PBOC Governor Pan: Will stabilize expectations and help consolidate recovery

• Comments from Pan Gongsheng, governor of the People’s Bank of China via Xinhua

Fed's Musalem: Time may be nearing for a change in the policy rate

• St Louis Fed President Alberto Musalem speaks in Louisville

Fed's Bostic says open to a rate cut in September as inflation cools

• Remarks by Atlanta Fed president, Raphael Bostic, to the FT