FX News
Market-moving events, session conditions, and macro context — written for traders who run systems, not predictions.
Your Week-Ahead Table Has the Wrong Man Chairing Wednesday. Ours Had the Hours Wrong Too.
Two vendor calendars put Jerome Powell at Wednesday's FOMC press conference. The Federal Reserve's own site names Kevin Warsh as Chairman and lists Powell separately as a sitting governor — which is exactly why a filter keyed on the name keeps matching. One table still has the Bank of Japan on hold against a survey at 97% for a hike. And our own fifty-one-hour gap between the two decisions is thirty-three. Plus an empty European calendar into the London open.
Japan Beat the 7.4% Consensus With a 7.6% That Was Also a Slowdown — and Copper, Not Oil, Did Most of It
The Bank of Japan's own release has August corporate goods prices at +7.6% year on year against a 7.4% consensus — but July was revised up from +7.2% to +7.7%, so the beat is also a deceleration, and the month itself printed −0.2%. The largest contributor was non-ferrous metals at +43.3%, not petroleum. Plus Britain doubling its GDP consensus at 06:00 UTC for four pips, and a US CPI consensus three vendors cannot agree on.
Your Oil Inventory Window Is on the Wrong Day This Week — and the Wrong Hour
Labor Day moved the EIA Weekly Petroleum Status Report to Thursday 10 September at 16:00 UTC — a different day and a different hour from its usual 14:30 UTC Wednesday slot. API runs tonight at 20:30 UTC. Natural gas storage stays at Thursday 14:30. Two published calendars and our own week-ahead table had it wrong. Why a shifted window costs more than a missing one.