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China's steel output falls - ING
The National Bureau of Statistics (NBS) numbers released this morning show that China's primary aluminium production fell marginally by 0.5% YoY to 3.8mt in August, ING's commodity experts Ewa Manthey and Warren Patterson note.
RUB: CBR cut rate by less but will probably continue to cut - Commerzbank
The Russian central bank (CBR) delivered a smaller interest rate cut on Friday than the median consensus estimate of 200bp (it cut by 100bp from 18% to 17%).
Robust oil demand from China - ING
The oil market rose for a second straight session in the early trading session today, following claims by Ukraine that recent drone attacks affected Russia's two key oil hubs in the Baltic Sea.
China: Weaker August may prompt more policy support - Standard Chartered
Growth momentum further slowed in August despite resilient trade performance. FAI disappointed the most, while IP remained relatively stable and retail sales appeared to stabilise.
ECB's Kazimir: We must not change policy due to small deviations from inflation target
European Central Bank (ECB) policymaker Peter Kazimir said on Monday that "we must not change policy due to small deviations from inflation target."
EUR/JPY Price Forecast: Tests 173.00 support near nine-day EMA
EUR/JPY depreciates after two days of losses, trading around 173.10 during the European hours on Monday. The technical analysis of the daily chart suggests a persistent bullish bias as the currency cross moves upwards within the ascending channel pattern.
USD/CAD pulls back, nearing 1.3830 with central banks on focus
The US Dollar is trading moderately lower on Monday, but still trading within Friday's range above 1,3830.
Dow Jones futures advance as traders expect Fed to reduce interest rates
Dow Jones futures climb by 0.13% to trade above 45,900 during European hours on Monday, ahead of the United States (US) market open. Moreover, the S&P 500 futures advance 0.15% to trade near 6,600, while Nasdaq 100 futures edge up 0.06% to trade above 24,100.
AUD/USD jumps to near 0.6670 as Fed dovish bets improve market mood
The AUD/USD pair climbs to near 0.6670 during the European trading session on Monday.
Pound Sterling gains ahead of Fed and BoE monetary policy decisions
The Pound Sterling (GBP) trades higher at the start of the week against the US Dollar (USD) during the European trading session.
US Dollar Index (DXY) treads water around 97.60 with all eyes on the Fed
The US Dollar has opened the week on a moderate bearish tone, but price action remains trapped within previous ranges, highlighting a hesitant market, with investors looking from the sidelines ahead of the Fed decision, due next Wednesday.
EUR/USD wavers within range after Fitch downgrade of French debt rating
The EUR/USD trades at 1.1740 at Monday's European session, following a pullback to 1.1720 at the European session opening.
Forex Today: Big central bank week begins in a calm manner
Here is what you need to know on Monday, September 15:
ECB's Kocher: Stronger Euro could become a problem for exporters
In an interview published in the Austrian newspaper, Oberoesterreichische Nachrichten, on Monday, European Central Bank (ECB) Governing Council member Martin Kocher said that "at the moment, I would not yet describe the exchange rate as a risk" when asked about the Euro-US Dollar rate.
US Treasury Sec. Made good progress on technical details with China
US Treasury Secretary Scott Bessent said on Monday, the US has "made good progress on technical details with China."
EUR/GBP falls below 0.8650 on fears over France's political crisis
The EUR/GBP cross attracts some sellers to near 0.8645 during the early European session on Monday. The fears of political turmoil in France drag the Euro (EUR) lower against the Pound Sterling (GBP). Traders will keep an eye on the UK employment report, which is due later on Tuesday.
NZD/USD Price Forecast: Holds above mid-0.5900s despite disappointing Chinese data
The NZD/USD pair attracts some dip-buyers at the start of a new week and stalls Friday's modest pullback from the 0.5980 region, or a nearly one-month high.
AUD/JPY Price Forecast: Positive view remains in place, overbought RSI warrants caution for bulls
The AUD/JPY cross edges higher to near 98.20 during the early European session on Monday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) after Japan's Prime Minister Shigeru Ishiba announced his resignation.
EUR/JPY breaks below 173.00 as Fitch Ratings downgrades France's credit rating
EUR/JPY loses ground after two sessions of gains, trading around 173.00 during the Asian hours on Monday.
FX option expiries for Sept 15 NY cut
FX option expiries for Sept 15 NY cut at 10:00 Eastern Time via DTCC can be found below.
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