Bundesbank President Joachim Nagel said, “What seems distinctive to me is that core inflation will remain at a very high level beyond March.” “That’s why I don’t rule out that further significant interest rate hikes Read more…
Bundesbank President Joachim Nagel said, “What seems distinctive to me is that core inflation will remain at a very high level beyond March.” “That’s why I don’t rule out that further significant interest rate hikes Read more…
Daily Pivots: (S1) 1.0572; (P) 1.0600; (R1) 1.0623; More… EUR/USD’s corrective decline from 1.1032 is still in progress. Intraday bias remains on the downside for 38.2% retracement of 0.9534 to 1.1032 at 1.0463. Strong support Read more…
Asian Indices: Australia’s ASX 200 index rose by 21.6 points (0.3%) and currently trades at 7,307.00 Japan’s Nikkei 225 index has risen by 305.08 points (1.12%) and currently trades at 27,409.40 Hong Kong’s Hang Seng Read more…
At a parliamentary confirmation hearing, incoming BoJ Governor Kazuo Ueda said, “current policy is a necessary, appropriate means to achieve 2% inflation,” despite various side effects emerging from the stimulus. “Japan’s trend inflation is likely Read more…
At a parliamentary confirmation hearing, incoming BoJ Governor Kazuo Ueda said, “current policy is a necessary, appropriate means to achieve 2% inflation,” despite various side effects emerging from the stimulus. “Japan’s trend inflation is likely Read more…
RBNZ Assistant Governor Karen Silk said in a Bloomberg interview “there’s still more work to do here” on interest rate and fighting inflation. While “all levels are on the table” for April meeting, the central Read more…
KEY TAKEAWAYS Japan’s January CPI expected to be 4.2% YoY BoJ Governor nominee Ueda to testify on Friday EUR/JPY expected to be volatile In a few hours, Japan will release it’s CPI data for January. Read more…