Tokyo Core CPI eases to 2.5%
Japanese yen rises
The Japanese yen is showing some life following a nasty slide earlier in the week, which saw it decline around 1.5% and come close to the symb… Read More
US
Now that Fed Chair Powell signaled that the Federal Open Market Committee will keep rates on hold at the next policy meeting, Wall Street will look to see how high growth will peak before… Read More
UPCOMING EVENTS: Tuesday: AU-JP-EZ-UK-US PMIs, UK Unemployment Rate. Wednesday: Australia CPI, German IFO, BoC Policy Decision. Thursday: ECB Policy Decision, US Durable Goods, US GDP Q3, US… Read More
Tokyo Core CPI gains 2.8%, less than expected
Powell and Ueda to speak at Jackson Hole symposium
USD/JPY has posted small gains on Friday, enough to push above the symbolic 146 line. On the… Read More
By JustMarkets
At yesterday’s stock market close, the Dow Jones Index (US30) increased by 0.35%, while the S&P 500 Index (US500) added 0.59%. The NASDAQ Te… Read More
US
It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred inflation gauge. August personal income is… Read More
By ForexTime
Final week of Q3 2023 may prove relatively less hectic for markets
EURUSD still set to uncover trading opportunities
Eurozone data may point to even-darker economic outl… Read More
USD/JPY has edged higher, trading at 147.46 in Europe, up 0.11%. On Thursday, USD/JPY rose as high as 147.87, close to the symbolic 148 line which has held since October 2022.
Investors cont… Read More
By JustMarkets
As of Thursday’s stock market close, the Dow Jones Index (US30) decreased by 1.08%, while the S&P500 Index (US500) lost 1.36%. The NASDAQ Technol… Read More
Japanese yen briefly falls below 145 line
Tokyo Core CPI rises to 3.2%
US GDP revised higher, unemployment claims slide
USD/JPY is showing limited movement, trading at 144.62 in the Eu… Read More
US
The main event for next week will be the Kansas City Fed’s Jackson Hole Symposium. Fed Chair Powell’s speech will reiterate that more rate hikes might be needed and that… Read More
Week Ahead July 17-21st
MON: PBoC MLF, South Korean Trade Balance Revised (Jun), Chinese GDP (Q2), Retail Sales, and Industrial Output(Jun)
TUE: RBA Minutes, SARB Press Release, US Retail Sa… Read More
By JustMarkets
At yesterday’s stock market close, the Dow Jones Index (US30) closed down by 0.67%, while the S&P 500 Index (US500) fell by 0.64%. The NASDA… Read More
Tokyo core-core CPI (excluding fresh food & energy) accelerated to a 31-year high
BoJ’s latest guidance from Governor Ueda is no longer making wage growth as a main priority, raisi… Read More
US
The Fed is expected to resume raising rates at the July 26th FOMC meeting. Fed funds futures see a 96% chance that the central bank will deliver a quarter-point rate rise, bringin t… Read More
(Bloomberg) — Stocks and currencies in Asia slipped, with risk appetite dented by deflation risks in China.
Most Read from Bloomberg
An Asia equity benchmark fell, headed for the… Read More
The Japanese yen is in positive territory on Friday. In the European session, USD/JPY is trading at 129.76, down 0.33%.
Tokyo CPI hits 4.3%
Inflation indicators in Japan continue to head nor… Read More
US
While Europe appears at great risk for a recession as traders bet on aggressive rate rises by all the European central banks, the Fed is still expected to be nearing the end of their resp… Read More
By ForexTime
Watch this space because financial markets could end the first half of 2023 with a bang!
Investors will be served another platter of top-tier reports from major economies an… Read More
By JustMarkets
The US stock indices traded yesterday without a single trend. The Dow Jones Index (US30) decreased by 0.11%, and S&P 500 (US500) gained 0.88%. Tec… Read More
(Bloomberg) — The latest marker of underlying US price pressures will present minor hope of settling the discussion among the Federal Reserve officers about whether or not they&r… Read More
By ForexTime
Gold prices could see some heightened volatility over the coming week due to US debt limit negotiations, the Fed minutes and key US economic data.
The past few days have… Read More
Key Macro Events
Chinese Premier Li Qiang is expected to meet the press after the closing of the National People’s Congress. Appointed over the weekend along with other top officia… Read More
US
The economic data in the week ahead should solidify rate hike expectations for the May 3rd FOMC meeting, but it could also raise the bar for further tightening for the June 14th meeting… Read More
Yesterday, whereas consideration was nonetheless centered on the US banking system and the continuing botched response by the Fed and particularly the Treasury’s senile Secretary, w… Read More
By JustMarkets
The US Treasury bond yields fell sharply yesterday after Atlanta Federal Reserve President Rafael Bostic ruled out a return to more aggressive Fed rate hikes and said the cent… Read More