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Nvidia stock has 25% upside as it approaches an iPhone moment with its Blackwell chip, analyst says




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If You Invested $100 In Dogecoin When The Meme Coin Launched, Here's How Much You'd Have Today




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UK's Burberry launches first virtual scarf try-on for holiday campaign

Burberry has introduced its first virtual scarf try-on experience in its ‘Wrapped in Burberry’ holiday campaign. Partnering with AR provider WANNA, the immersive experience lets customers view iconic Burberry scarves in real-time, with over 50 styles and two classic options. Available online and in select stores, customers can share images and directly access product pages for purchases.





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Lights, camera, action. ???? — A few more days left to get 50% off...



Lights, camera, action. ????

A few more days left to get 50% off my custom Lightroom presets! Link in profile. (at Toronto, Ontario)




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Preset (Everyday) + transform + exposure + graduated filter +...



Preset (Everyday) + transform + exposure + graduated filter + radial filter. If shots like this take more than 2 minutes to edit, it’s probably not worth editing. ⏱

Boxing Day will be the last day to get my Lightroom presets discounted, which leaves you only 3 more days! Get on it! ???? (at Toronto, Ontario)




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Merry Xmas everyone! It’s giveaway time! ???????? . Thank you to...



Merry Xmas everyone! It’s giveaway time! ????????
.
Thank you to all those who participated in my preset giveaway this week! The support makes all the hard work and extra effort worth it!
.
Without further ado, the randomly drawn winners of my custom Lightroom presets are @l9lee @rchellau @bokeh.jay! Congrats and check your DMs soon for details! ????
.
You still have until tomorrow to grab my presets (which this shot was edited with) for 50% off! They’ll be going back to regular price after so don’t miss out! ???? (at Toronto, Ontario)




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I’ve gone subway hopping for photos in every city...



I’ve gone subway hopping for photos in every city I’ve been to except the one I live in. ???? (at Toronto, Ontario)




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Four days from now I’ll be boarding a one way flight to...



Four days from now I’ll be boarding a one way flight to San Francisco to take on the next evolution of my role at @shopify. Leaving the city that I’ve called home my entire life and the people who have defined everything I am was one of the most uncomfortable decisions I’ve ever had to make. But this wouldn’t be the first time I’ve chased discomfort in my career.
.
I wrote about my ongoing pursuit for discomfort this morning in hopes of inspiring others to do the things that scare and challenge them this year. You can find the link in my profile.
.
Happy 2017! ????
.
????: @jonasll (at San Francisco, California)




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"I always hated that word—marketing—and I hate it now. Because for me, and this may sound simplistic,..."

““I always hated that word—marketing—and I hate it now. Because for me, and this may sound simplistic, the key to marketing is to make something people want. When they want it, they buy it. When they buy it, you have sales. So the product has to speak. The product is what markets things.””

- Interview with Tom Ford.




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Trump's Staff Picks Show Sway of Don Jr., Tucker Carlson

President-elect Donald Trump has only begun to fill out the ranks of his incoming administration. His first choices confirm that his son Donald Jr. and the former Fox TV personality Tucker Carlson have emerged as major influences over his picks.




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MAA Boston: Holiday Party

Starts: Mon, 16 Dec 2024 19:00:00 -0500
'Tis the season to celebrate with your alma mater!<b>&nbsp;</b>The <b>McGill Alumni Association of Boston (MAAB)</b> invites you to a festive holiday party to ring in the festive season with your fellow Boston-area alumni.&nbsp;<div><br /></div><div>Don your favorite festive attire and join us at <b>Street State Provisions</b> for an evening of good food and socializing in their private lounge. If you haven't had the chance to attend a MAAB social yet, this is a <b>perfect opportunity to meet your local McGill community</b> before the year is over.&nbsp;<div><br /></div><div>Your ticket includes your first cocktail, non-alcoholic beverages, and an array of hors d'oeuvres. You will also have the chance to win one of our fabulous door prizes. Space is limited; get your ticket today!</div><div><br /></div></div>
Location: Boston, U. S. A.




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80 days of Melbourne – sporting and cultural events

Victoria will host an unprecedented number of international sporting, arts, cultural and trade events between 9 January and 29 March 2015 as part of the 80 Days of Melbourne initiative. A business-hosting component of the initiative is designed to attract high profile, senior international business leaders to Melbourne to secure international investment and jobs for Victoria.




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Indian enterprise IT solutions company Raybiztech sets up Australian HQ in Melbourne

Indian company Ray Business Technologies (Raybiztech) has chosen Melbourne as its Australian headquarters. The company plans to create 30 new highly skilled local Information and Communications Technology (ICT) jobs over the next two years. Headquartered in Hyderabad, India, with offices in the USA and UK, Raybiztech delivers cloud, mobility, big data and social media solutions to its enterprise clients around the world, in the sectors of finance, healthcare, manufacturing, media, leisure and utilities.




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Games blog: PAX Australia to stay in Melbourne until 2019

The Victorian Government has secured the right for Melbourne to continue to host the Australian leg of the world’s largest digital games festival, the Penny Arcade Expo Australia (PAX Aus), for the next five years until 2019.




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Melbourne leads the way in unravelling the typhoid gene

Recent research lead by a Melbourne research institute has found that people who carry a particular type of gene have natural resistance against typhoid fever. The Nossal Institute of Global Health at the University of Melbourne conducted the study in collaboration with the Genome Institute of Singapore and Oxford University Clinical Research Unites in Vietnam and Nepal. The research, which is the first large-scale one of its kind, investigated the human natural gene responses to typhoid and associated infectious diseases.




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Japan-Australia FTA paves way for renewed Japanese investment

The Japan-Australia Economic Partnership Agreement (JAEPA) entered into force on 15 January 2015. Japanese interest in Victorian and nationwide investment is continuing to grow, with major fast food chains and convenience store operators looking at investing in the agriculture sector, which will in turn support expansion into the South East Asia marketplace.




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Apologetics: Challenge your thinking (over pizza!) with Ratio Christi Thursdays. (November 14, 2024 6:00pm)

Event Begins: Thursday, November 14, 2024 6:00pm
Location: Study Center
Organized By: Maize Pages Student Organizations


Hi all,We are excited to invite you to Ratio Christi Meeting this Thursday 11/14 from 6-7 pm! The question for this week is: "How do Christianity and Buddhism  differ?" Our meeting will be held at the Study Center at 611 1/2 E. William St. Ann Arbor. This is a safe space for inquiring about religion and faith. Your perspectives are valued in fostering a thoughtful understanding of these subjects. All are welcome!! There will be pizza! If you are interested in learning more about us, you can join the Ratio Christi Maize page for updates and discussions: Ratio Christi Maize page. We're also active on Instagram: Ratio Christi Instagram page. We are excited to see you all soon and please feel free to reach out with any questions! Sincerely,Ratio Christi Team ????




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UCC TERRIFIC THURSDAYS @ TROTTER (November 14, 2024 5:30pm)

Event Begins: Thursday, November 14, 2024 5:30pm
Location: 428 South State Street, Ann Arbor, Michigan 48109, United States
Organized By: University Career Center


CONNECT WITH THE UCC ON A TERRIFIC THURSDAY!  Stop scrolling and start soaring!   Join the University Career Center (UCC) for drop-in hours at Trotter! Whether you're exploring career options or need tipsto ace that interview, we're here to help you crush it.   #TrotterThursdays #CareerGoals #UMich  Don't miss out! See you there!  *Thursday, September 19, 6 – 7 pm Are you ready for the Job &amp; Internship Fair!? We got you! Chat with a Peer Advisor who can help you prepare for the Job &amp; Internship Fair. Learn more about the Go Blue Career Jam.*Thursday, October 3, 7– 8 pm Want to connect with student interns who are a fellow Wolverines across a variety of industries? Learn how toidentify and network with students, alumni and other professionals on Handshake, LinkedIn and UCAN.* Thursday, October 17,⋅6– 7 pm Preparing for an interview!? We got you! Chat with a peer advisor who can help you prepare for your job or internship interview! *Thursday, November 14, 5:30 – 6:30 pm Have you heard the Alumni network at UM is so large!? Come learn how to identify and network with Alumni on the University Career Alumni Network (UCAN) and Linkedin! Note: This event's information is shown in Handshake as well as on the Happening @ Michigan calendar so that it will be seen by a larger number of U-M Students. If you'd like to indicate that you'll be attending this event then please go to: https://umich.joinhandshake.com/events/1592942/share_preview




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Reading and Q&A with Sawako Nakayasu (November 14, 2024 5:30pm)

Event Begins: Thursday, November 14, 2024 5:30pm
Location: Museum of Art
Organized By: Zell Visiting Writers Series


Login here (no pre-registration needed): https://tinyurl.com/ZellWriters24

Zell Visiting Writers Series readings and Q&As are free and open to the public and will be offered both virtually (via Zoom) and in person (in UMMA's Stern Auditorium). Seats are offered on a first come, first served basis; please arrive early to secure a spot.

Born in Japan and raised in the US, Sawako Nakayasu is an artist working with language, performance, and translation. Her newest books of poetry include *Pink Waves* (Omnidawn, 2023), a finalist for the PEN/Voelcker award, and *Some Girls Walk Into The Country They Are From* (Wave Books, 2020), both of which engage the intersection between writing and translation. *Settle Her*, which was written on the #1 bus line in Providence, Rhode Island on Thanksgiving Day of 2017 on the occasion of her cutting ties with normative Thanksgiving celebrations, is forthcoming from Solid Objects.

“Invisible Losses,” a text-based performance, was performed in 2023 as part of Translated Bodies, a translation performance event curated by Gabrielle Civil at the Velocity Dance Center in Seattle. It has also been reimagined and published as a web-based work on oral.pub. Her pamphlet, Say Translation Is Art (Ugly Duckling Presse, 2020), which encourages the untethering of translated texts from conventional relationships to their source texts, has been taught, translated, or performed in the US and in Europe – including as a spoken word performance by Danielle Zawadi in Dutch translation, at the Dutch Foundation for Literature’s Annual Translation Convention in 2022.

Nakayasu’s translation of the Japanese modernist poet Sagawa Chika, *The Collected Poems of Chika Sagawa*, supported by the NEA and published by Canarium Books in 2015, received the PEN Award for Poetry in Translation, the Lucien Stryk Asian Translation Prize, and was a finalist for the National Translation Award in Poetry. It was subsequently acquired by Penguin/Random House for their Modern Library series and republished in 2020 in a new edition with updated introduction. *Poet Sagawa Chika: Late Gathering*, currently under development with the Brown Digital Publications Initiative, is a born digital, scholarly publication based on Sagawa’s poetry and legacy.

Nakayasu teaches in the Literary Arts department at Brown University, where she teaches poetry, translation, and interdisciplinary art.

For any questions about the event or to share accommodation needs, please email kimjulie@umich.edu--we are eager to help ensure this event is inclusive to you. The building, event space, and restrooms are wheelchair accessible. Diaper changing tables are available in nearby restrooms. Gender-inclusive restrooms are available on the second floor of the Museum, accessible via the stairs, or in nearby Hatcher Graduate Library (Floors 3, 4, 5, and 6). The Hatcher Library also offers a reflection room (4th Floor South Stacks), and a lactation room (Room 13W, an anteroom to the basement women's staff restroom, or Room 108B, an anteroom of the first floor women's restroom). ASL interpreters and CART services at in-person events are available upon request; please email kimjulie@umich.edu at least two weeks prior to the event, whenever possible, to allow time to arrange services.

U-M employees with a U-M parking permit may use the Church Street Parking Structure (525 Church St., Ann Arbor) or the Thompson Parking Structure (500 Thompson St., Ann Arbor). There is limited metered street parking on State Street and South University Avenue. The Forest Avenue Public Parking Structure (650 South Forest Ave., Ann Arbor) is five blocks away, and the parking rate is $1.20 per hour. All of these options include parking spots for individuals with disabilities.




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EEB Thursday Seminar Series - Neogene history of the Amazon and the role Andean uplift and marine incursions (November 14, 2024 4:00pm)

Event Begins: Thursday, November 14, 2024 4:00pm
Location: Biological Sciences Building
Organized By: Ecology and Evolutionary Biology


This event is part of our ongoing Thursday Seminar Series.

About this seminar: The Amazon hosts one of the largest and richest rainforests in the world and has a history going back to the beginning of the Cenozoic (66 Ma). Species richness was mainly driven by climate and geological forces in combination with edaphic and biotic factors. Here I will review the Neogene history and past species composition in the Amazon in the light of Andean uplift, plate-mantle interaction, climate and environmental change, and marine incursions.




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The Pathways Ahead: EPA Hiring Webinar (November 14, 2024 1:00pm)

Event Begins: Thursday, November 14, 2024 1:00pm
Location:
Organized By: University Career Center


Looking for an internship? The Environmental Protection Agency is hiring!Join the U.S. Environmental Protection Agency (EPA) for a virtual hiring webinar on November 14th, at 1 p.m. ET. You’ll hearfrom EPA executives (who started as interns at EPA!), hiring specialists, and current interns at the event.RSVP on Handshake for the eventlink. ASL and CART services will be provided. This event will be recorded.Never applied for a federal job before? No problem! You will learnhow to navigate the federal job application process and unique hiring pathways for students and recent graduates. There will be a Q&amp;A portion where you can ask our panel of hiring specialists questions about the federal hiring process.There has never been a more critical moment to join our team. From tackling the climate crisis to advancing environmental justice, what happens here helps change our world.This event is open to the public. If you have any questions, please contact the Careers Team by emailing careers@epa.gov.You can do so much impactful work at EPA. Be the one who protects human health and the environment. Be EPA. For more information about EPA, visit epa.gov/careers.




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CJS Noon Lecture Series | Tyrannical Tigers and Endangered Cats: Why Are the Korean Scholar-Bureaucrats Always So Important in Modern Japan? (November 14, 2024 12:00pm)

Event Begins: Thursday, November 14, 2024 12:00pm
Location: Weiser Hall
Organized By: Center for Japanese Studies


Please note: This lecture will be held in person in room 1010 Weiser Hall and virtually via Zoom. This webinar is free and open to the public, but registration is required. Once you've registered, the joining information will be sent to your email. Register for the Zoom webinar at: https://myumi.ch/RmN4G

The Korean scholar-bureaucrats (yangban) have been drawing public attention among Japanese intellectuals since the beginning of the 20th century. This lecture reviews how Japanese magazines represented yangban, tracing how their image changed from the evil noblemen that kept Korean society stagnant to the graceful embodiers of vanishing authentic Korean culture. Both these images, and even the transition from one to the other, were driven by a Japanese version of orientalism.

Shimpei Cole Ota is a sociocultural anthropologist trained both in Seoul National University (ABD, 2003) and Osaka University (Ph.D., 2007). His basic question focuses on what brings drastic changes to societies and cultures, especially before and after modernization, liberalization, and globalization in South Korea and Korean America.

This lecture is made possible with the generous support of the U.S. Department of Education Title VI grant.

If there is anything we can do to make this event accessible to you, please contact us at umcjs@umich.edu. Please be aware that advance notice is necessary as some accommodations may require more time for the university to arrange.




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Blue Line Experiencing Delays; Boarding change between Pulaski and Austin (Significant Delays)

(Thu, Nov 14 2024 2:05 AM to TBD) Blue Line service running w/delays due to a track condition near Cicero; board all trains on the Forest Park-bound side at Pulaski, Cicero and Austin.




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#86 Narragansett/Ridgeland Temporary Reroute at Narragansett/Wellington (Minor Delays / Reroute)

(Wed, Nov 13 2024 7:05 PM to TBD) 86 Narragansett/Ridgeland buses are rerouted via Narragansett, Diversey, Austin, Belmont and Narragansett due to street blockage near Narragansett/Wellington.




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#70 Division Temporary Reroute at Division/Leclaire (Minor Delays / Reroute)

(Wed, Nov 13 2024 1:48 PM to Sat, Nov 16 2024 1:48 PM) 70 Division buses are temporarily rerouted via Division, Laramie, Augusta, Cicero and Division, due to street blockage near Division/Leclaire.




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#70 Division Temporary Reroute at Division/Leclaire (Minor Delays / Reroute)

(Wed, Nov 13 2024 1:48 PM to Sat, Nov 16 2024 1:48 PM) 70 Division buses are temporarily rerouted via Division, Laramie, Augusta, Cicero and Division, due to street blockage near Division/Leclaire.





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A Day at the Races

A Day at the Races by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to pcs




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A Day at the Races Deluxe

A Day at the Races Deluxe by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to pcs




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Regatta Day

Regatta Day by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to pcs




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Far Away Sails

Far Away Sails by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to pcs




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Rusticators at the Close of Day

Rusticators at the Close of Day by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to pcs




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Mickey and Minnie Head Out On The Highway

Mickey and Minnie Head Out On The Highway by Disney Chilmark is a(n) Chilmark Studios. The Edition is Limited to Limited Edition of 950 pcs




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Gold Rush Days LIMITED EDITION PRINT

Gold Rush Days LIMITED EDITION PRINT by Bob Coronato is a(n) Limited Edition. The Edition is Limited to Limited Edition of 75 pcs




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Head five miles that way then go five miles that way...SMALLWORK CANVAS EDITION

Head five miles that way then go five miles that way...SMALLWORK CANVAS EDITION by Bob Coronato is a(n) Limited Edition. The Edition is Limited to Limited Edition of 75 pcs




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Seal Any Doorway in Under a Minute with ZipDoor

The new ZipDoor kit is a great way to create a dust barrier when all you need to seal is the doorway.




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Magic Monday

11/18/2024 - 6:00 PM - Venue: Chaos Games and More




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China’s annual production of new energy vehicles surpassed 10 million units on Thursday

Chinese media, Global Times, citing a state media report (CCTV):

  • China’s annual production of new energy vehicles surpassed 10 million units on Thursday, info via China Association of Automobile Manufacturers.
  • the first country to reach this milestone globally
  • output for the whole year is expected to reach 12 million

The US and EU have quickly built walls (tariffs and other imposts) to protect domestic vehicle producers. This is not usually a recipe for thriving industry.

This article was written by Eamonn Sheridan at www.forexlive.com.




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Gold eyes fifth straight day of losses, closes in on key technical juncture

The pullback in gold continues to play out since the post-election period. The precious metal is now down for a fifth straight day in what is already easily its worst weekly showing so far this year. It has more or less been a case of waiting for said pullback to reach some key technical levels on the charts. And we're just about there already in trading today.

The 100-day moving average (red line) is the key technical focus right now and that is seen at roughly $2,543. The last time gold actually had a brush against the key level was all the way back in February. And the last time that gold traded back below either that or its 200-day moving average (blue line) was all the way back in October last year.

That underscores the breathtaking momentum that has been in play for gold all through this year so far.

As such, this makes the 100-day moving average an even more important technical juncture now. A break there will not only signify a break in the bullish bias in gold. However, it could set off another wave of selling that leads to an even bigger pullback.

Traders love key levels like these and USD/JPY is a good example of that when it broke its own 100-day moving average back in late July as well. The drop there of course owed to a myriad of other factors but the technical consideration certainly exacerbated things. And it could also be the case for gold when we get there in the sessions ahead.

I'm still an advocate for gold in the bigger picture of things. However, I would say dip buyers will need to be patient to let this correction run its course before coming back in. From earlier this week: Gold pullback might prove to be timely for dip buyers

This article was written by Justin Low at www.forexlive.com.




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Another light calendar day beckons in Europe today

The US CPI report yesterday here provided some reason for a push and pull in markets but ultimately, the dollar settled higher as it continues its post-election momentum. It's tough to fight that especially with dollar bulls also seeking out key technical breaks on the charts. And the greenback is once again keeping a little firmer today:

EUR/USD is holding at its lowest levels this year after the break below the April low of 1.0601 overnight. Meanwhile, USD/JPY had a brief brush against 156.00 earlier as it eyes further gains alongside an uptick in Treasury yields.

Elsewhere, GBP/USD is closing in on its August low of 1.2665 while USD/CAD is up to its highest levels since 2020 in a push above 1.4000. It's all about the dollar as it rampages on in the post-election period.

Looking to the session ahead, there isn't anything on the agenda in Europe to shake up that sentiment. All eyes will once again fall on more US data later in the day to perhaps add to the mix. Otherwise, the euphoria from Trump trades is still very much permeating across broader markets with Bitcoin also hoping to firmly clear $90,000 since yesterday.

0800 GMT - Spain October final CPI figures1000 GMT - Eurozone Q3 GDP second estimate1000 GMT - Eurozone September industrial production

That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.

This article was written by Justin Low at www.forexlive.com.




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What are the main events for today?

The European session is going to be once again a bit empty on the data front with just a couple of low tier data points. We get the 2nd estimate of the Eurozone Q3 GDP and the ECB Meeting Minutes. Both of them are old news and the market won't care much about it.

In the American session, the focus will be on the US PPI and Jobless Claims data. Yesterday's US CPI came in line with expectations and after a bit of a "sell the fact" reaction in the US Dollar, the market started to bid it again.

The CPI wasn't the main culprit though as the momentum got triggered by Fed's Logan comment saying "models show that Fed funds could be very close to neutral" potentially implying a lot more cautious approach on rate cuts in 2025.

13:30 GMT/08:30 ET - US October PPI

The US PPI Y/Y is expected at 2.3% vs. 1.8% prior, while the M/M measure is seen at 0.2% vs. 0.0% prior. The Core PPI Y/Y is expected at 3.0% vs. 2.8% prior, while the M/M figure is seen at 0.3% vs. 0.2% prior.

This report will be seen in light of the US CPI data yesterday as it will give us a better estimate of the US Core PCE due at the end of the month. An upside surprise might trigger some more US Dollar gains as the market could price out some more the rate cuts expected in 2025, but the December cut remains pretty much assured.

13:30 GMT/08:30 ET - US Jobless Claims

The US Jobless Claims continues to be one of the most important releases to follow every week as it’s a timelier indicator on the state of the labour market.

Initial Claims remain inside the 200K-260K range created since 2022, while Continuing Claims after an improvement in the last two months, spiked to the cycle highs in the last couple of weeks due to distortions coming from hurricanes and strikes.

This week Initial Claims are expected at 223K vs. 221K prior, while Continuing Claims are seen at 1880K vs. 1852K prior.

Central bank speakers:

  • 08:30 GMT - ECB's de Guindos (dove - voter)
  • 13:00 GMT/08:00 - BoE's Mann (hawk - voter)
  • 14:00 GMT/09:00 ET - Fed's Barkin (neutral - voter)
  • 15:00 GMT/10:00 ET - Fed's Kugler (dove - voter)
  • 18:30 GMT/13:30 ET - ECB's Schnabel (hawk - voter)
  • 19:00 GMT/14:00 ET - ECB's Lagarde (neutral - voter)
  • 20:00 GMT/15:00 ET - Fed Chair Powell (neutral - voter)
  • 21:15 GMT/16:15 ET - Fed's Williams (neutral - voter)
This article was written by Giuseppe Dellamotta at www.forexlive.com.




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European indices open higher to kick start the day

  • Eurostoxx +0.6%
  • Germany DAX +0.7%
  • France CAC 40 +0.3%
  • UK FTSE flat
  • Spain IBEX +0.3%
  • Italy FTSE MIB +0.4%

It's still early in the day but European indices are at least hoping to recover some poise after the fall earlier in the week. US futures are also seen flattish at the moment, after having been down earlier in the day. So, that's at least helping with the broader market mood. But again for Europe, the outlook remains challenging considering all the recent developments with regards to German politics and the US election result.

This article was written by Justin Low at www.forexlive.com.




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More from Musalem: Data since prior meeting suggests economy may be materially stronger

More hawkish comments from the St Louis Fed President

  • Inflation data is also stronger but has not yet changed view that policy is on a path to neutral
  • There is likely space for a gradual easing of policy towards neutral rate
  • Stronger data likely pushing Treasury yields higher
  • Too soon to understand new administration
  • Rising bond yields also offer a sense of higher inflation risk and some sense the Fed may not cut as much
This article was written by Adam Button at www.forexlive.com.




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RBA Bullock says rates are restrictive enough, staying there until confident on inflation

Reserve Bank of Australia Governor Bullock

  • bond markets pretty well behaved globally
  • bond markets reflecting increasing government debt
  • think we are restrictive enough, will stay there until confident on inflation

More:

  • recent inflation had both supply- and deand-sdie components
  • aim is to lower inflation
  • prices not going back to pre-covid level, that would be deflation and not going to have that
This article was written by Eamonn Sheridan at www.forexlive.com.




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PBOC sets USD/ CNY reference rate for today at 7.1966 (vs. estimate at 7.2326)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.

  • USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.
  • CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.
  • A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.

Previous close was 7.2330

In open market operations (OMOs):

PBOC injects 328bn yuan via 7-day RR, sets rate at 1.5%

  • 19bn yuan mature today
  • net injection is 309bn yuan
This article was written by Eamonn Sheridan at www.forexlive.com.




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GBP traders heads up - Bank of England Governor Bailey is speaking late Thursday

2100 GMT / 1600 US Eastern time on Thursday, November 14, 2024:

  • Bank of England Governor Andrew Bailey will deliver a speech at the Annual Financial and Professional Services Dinner, Mansion House

We last heard from Bailey a week ago:

This article was written by Eamonn Sheridan at www.forexlive.com.




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Federal Reserve Chair Powell is speaking on Thursday

Federal Reserve Chair Jerome Powell delivers a speech on his economic outlook, followed by a question and answer session.

  • Powell participates in "Global Perspectives" conversation before event hosted by the Dallas Regional Chamber, World Affairs Council of DFW and the Federal Reserve Bank of Dallas
  • @ 2000 GMT / 1500 US Eastern time

While the Fed seems committed to a December rate cut not all signs in the CPI data on Wednesday were encouraging.

This article was written by Eamonn Sheridan at www.forexlive.com.




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European Central Bank President Lagarde and VP de Guindos speaking Thursday, Schnabel too

0830 GMT / 0330 US Eastern time - Remarks by European Central Bank's vice president Luis de Guindos at 31 Encuentro del Sector Financiero organised by ABC and Deloitte in Madrid, Spain

1830 GMT / 1330 US Eastern time - Participation by ECB Board member Isabel Schnabel in policy panel "Reassessing Policy Tools for Current and Future Challenges" at 25th Jacques Polak Annual Research Conference "Rethinking the Policy Toolkit in a Turbulent Global Economy" in Washington, DC

1900 GMT / 1400 Remarks by ECB President Christine Lagarde at Choiseul Sovereignty Awards 2024 ceremony

I posted yesterday on the prospect of deeper than expected ECB rate cuts yet to come:

Meanwhile, EUR is struggling near a one-year low:

This article was written by Eamonn Sheridan at www.forexlive.com.




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Bank of England Monetary Policy Committee member Mann is speaking again on Thursday

Mann spoke Wednesday:

Mann was the sole dissent at the previous BoE meeting, voting to keep the Bank rate on hold.

Speaking again at 1300 GMT / 0800 US Eastern time:

  • at the Society of Professional Economists Annual Conference

Also on the speaker circuit is Governor Bailey:

This article was written by Eamonn Sheridan at www.forexlive.com.