Author: admin

Indonesia Consumer Confidence dipped from previous 117.2 to 115 in September

European Central Bank September monetary policy meeting minutes are due at 1130 GMT/ 0730 US Eastern time

European Central Bank Board Member Philip R. Lane participates on a roundtable discussion and Q&A at the Irish Association of Investment Managers in Dublin, Ireland.

• 1500 GMT / 1100 US Eastern time

This article was written by Eamonn Sheridan at investinglive.com.

HSBC said it has asked the board of Hang Seng Bank to put forward a privatization proposal to shareholders via a scheme of arrangement under Hong Kong’s Companies Ordinance.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.70 during the Asian trading hours on Thursday. The WTI edges lower amid a larger-than-expected crude inventory build.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.70 during the Asian trading hours on Thursday. The WTI edges lower amid a larger-than-expected crude inventory build.

The times listed below are in GMT / US Eastern time format

• 1230/0830 (via pre-recorded video) Federal Reserve Chair Jerome
  Powell gives welcome remarks before the Community Bank Conference
  hosted by the Federal Reserve Board.

I don’t expect Powell to give us any insights on his policy outlook given 1. the event and 2. its pre-recorded. With the drying up of government data the Fed is not flying blind, it has other data sources, but it is flying through fog.

• 1235/0835 Federal
  Reserve Vice Chair for Supervision Michelle Bowman gives opening
  remarks and participates in fireside chat before the Community Bank
  Conference hosted by the Fed.
• 1445/1045 Federal
  Reserve Vice Chair for Supervision Michelle Bowman moderates “Future
  of Community Banking: Challenges and Opportunities” discussion
  before the Community Bank Conference
• 1645/1245 Federal
  Reserve Board Governor Michael Barr speaks on the economic outlook
  before an Economic Club of Minnesota luncheon, in Minneapolis
• 1700/1300 Federal
  Reserve Bank of St. Louis President Alberto Musalem speaks on the
  U.S. economy and monetary policy in fireside chat before the
  Springfield Area Chamber of Commerce
• 1700/1300 Federal
  Reserve Bank of Minneapolis President Neel Kashkari moderates a
  conversation with Federal Reserve Board Governor Michael Barr before
  the Economic Club
• 1945/1545 Federal
  Reserve Vice Chair for Supervision Michelle Bowman speaks on “Looking
  Toward the Future” before the Community Bank Conference, and gives closing remarks
• 0140/2140 Federal
  Reserve Bank of San Francisco President Mary Daly participates in
  moderated conversation before the Silicon Valley Directors Exchange

This article was written by Eamonn Sheridan at investinglive.com.

The Japanese Yen (JPY) edges higher during the Asian session on Thursday and moves away from a nearly eight-month low, touched against its American counterpart the previous day.

Minutes from the Fed’s September 16–17 meeting, released overnight, show the Committee leaning toward additional rate cuts this year while emphasizing the need for caution in the pace of easing. “Most judged that it likely would be appropriate to ease policy further over the remainder of this year,” the minutes said. But, officials also acknowledged […]

The post Fed minutes leans dovish, but no scope for rapid easing appeared first on Action Forex.

The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, extending its gains for the second successive session.

Appearance before the Senate Economics Legislation Committee – Supplementary Budget Estimates 2025-26 – Canberra

• Governor Michele Bullock and Assistant Governor (Financial Markets) Christopher Kent

From 9am Sydney time

• 2300 GMT / 1800 US Eastern time

—

At its September meeting, the RBA held its cash rate steady at 3.60 %, following three cuts earlier in 2025.

The decision, while broadly expected, carried a notably “hawkish hold” tone, with the bank flagging risks that inflation in the September quarter might come in stronger than expected. As a result, market bets on a November cut weakened significantly.

This article was written by Eamonn Sheridan at investinglive.com.