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More on that Tesla car that crashed – questions over auto-pilot

January 20, 2025/

January 20, 2025 at 10:09PM The headline on this yesterday didn’t have any detail: Reports that a Tesla vehicle on autopilot has crashed into a retail store More has emerged: A Tesla crashed into The Mellow SF plant store Elizabeth Creely, a Mission resident, was riding her bike west on…

New Zealand services PMI (December 2024) 47.9 (prior 49.1)

January 20, 2025/

January 20, 2025 at 09:34PM New Zealand’s services sector PMI from the BNZ – BusinessNZ Performance of Services Index (PSI) for December 2024: 47.9 prior 49.1 New Zealand’s services sector exhibited a faster rate of contraction well below the average of 53.1 over the history of the survey sector has…

Economic calendar in Asia Tuesday January 21 2025 – not a lot

January 20, 2025/

January 20, 2025 at 09:24PM It’s a lower tier data calendar for the Asia time zone. The data from New Zealand is unlikely to shove around the kiwi $ much at all upon release. This snapshot from the ForexLive economic data calendar, access it here. The times in the left-most…

Forexlive Americas FX news wrap: Trump takes office

January 20, 2025/

January 20, 2025 at 08:53PM Donald Trump sworn in as President Trump to lay out trade vision but won’t impose tariffs yet – report Full text: Trump admin circulates document on priorities to Republicans Trump to pardon non-violent Jan 6 defendants, commute the rest – report Trump inauguration speech highlights…

Five things we learned from Trump’s first hours in office

January 20, 2025/

January 20, 2025 at 07:48PM The first market move of Trump’s second Presidency was: US dollar weakness. It was a sharp move on a report — later confirmed — that Trump won’t be initiating any tariffs to begin his term. The main lesson in that — and I think we’ve…

Trump to pardon non-violent Jan 6 defendants commute the rest – report

January 20, 2025/

January 20, 2025 at 07:13PM CNN, citing sources, reports that Trump will pardon those convicted of non-violent crimes in the Jan 6 attack on the Capitol and those convicted of more-serious crimes will have their sentences commuted. I don’t think is a surprise and it’s certainly no market moving. This…

Treasury yields should slide following the early Trump comments

January 20, 2025/

January 20, 2025 at 06:38PM There has been considerable hand-wringing about Treasury yields in the run-up to the election. I believe it became increasingly clear that the angst is more about deficits than inflation. Breakevens have remained rangebound even as nominal yields rose. A big part of the move is…

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