Japan’s economy presents a mixed picture based on the latest data for October 2023. Industrial production saw a notable increase, rising 1.0% mom, exceeding expectations of a 0.7% increase. However, manufacturers surveyed by Japan’s Ministry Read more…
ANZ Business Confidence in New Zealand saw a significant increase in November, reaching its highest level since March 2015, as it rose from 23.4 to 30.8. Additionally, Own Activity Outlook improved from 23.1 to 26.3. Read more…
The latest Fed’s Beige Book report indicates general slowdown in economic activity, with variations across different regions. Specifically, four districts reported “modest growth”, two districts experienced “flat to slightly down”, and six districts observed “slight Read more…
Cleveland Fed President Loretta Mester, in her remarks at a conference overnight, acknowledged that while inflation remains above Fed’s 2% target, there has been “discernible progress” in controlling it, even as the “overall economy has Read more…
The Las Vegas Strip is known for hosting superstar headliners at various hotel casinos for residencies that can run for a couple of weeks to several years. One of the hottest tickets on the Strip Read more…
The RBA revised up its near-term inflation forecast in November and delivered one of the “one to two” rate increases assumed in their forecasts. Not enough new information has come to hand since then to Read more…
GBPCHF reversed from resistance level 1.1130 Likely to fall to support level 1.1050 GBPCHF currency pair recently reversed down from the pivotal resistance level 1.1130, which stopped the previous minor correction 2 at the start Read more…
AUDJPY reversed from resistance level 98.40 Likely to fall to support level 96.00 AUDJPY currency pair recently reversed down from the long-term resistance level 98.40, which stopped the sharp weekly uptrend in the middle of Read more…
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