Eur: 1.2150 before 1.2350 ? Oversold ?
Aud: 1.0150 before 1.0350 ? Over bought?
Eur: 1.2150 before 1.2350 ? Oversold ?
Aud: 1.0150 before 1.0350 ? Over bought?
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Soybeans rally 11-13 cents on strong exports & stable US stocks. Brazil's crop raised, global stocks up.
Corn futures steady; USDA cuts stocks, boosts exports. Feb '26 futures at $4.28 3/4.
US debt nears $39T! Entitlements & interest costs surge, risking fiscal disaster. Borrowing $43.5B/week.
China inflation misses forecasts as producer deflation persists Soft inflation reinforces expectations of continued monetary support
RBA’s Hauser says inflation too high, vows action to return to target. AUD jumps. The remarks reinforce expectations of a continued tightening bias,
China January CPI 0.2% y/y (expected 0.4%)
PBOC sets USD/ CNY mid-point today at 6.9438 (vs. estimate at 6.9109) PBOC CNY reference rate setting is strongest for CNY since 11 May 2023.
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