Japan’s CPI core, which excludes food, decelerated from 2.6% yoy to 2.2% yoy in April. This aligns with market expectations and marks the second consecutive month of decline from February’s 2.8%. Despite the slowdown, core Read more…
In an interview today, RBNZ Assistant Governor Karen Silk highlighted the central bank’s readiness emphasized that there are “risks still to the upside in the near term” regarding inflation. She stated that RBNZ is “absolutely” Read more…
In April, New Zealand’s goods exports fell by -2.6% yoy to NZD 6.4B, while goods imports decreased by -0.7% yoy to NZD 6.3B. Contrary to expectations of a NZD -202m deficit, trade balance recorded a Read more…
Atlanta Fed President Raphael Bostic emphasized caution regarding interest rate cuts, stating that the US economy is not yet past the “worry point” for inflation to return to the target of 2%. Speaking at an Read more…
Households are cutting consumption in a textbook response to higher interest rates. This, and a likely future of inflationary supply shocks, warrants a more coherent design to fiscal and monetary policy frameworks. This week saw Read more…
Key Highlights USD/JPY started a fresh increase above the 156.00 resistance. It broke a major contracting triangle with resistance at 156.10 on the 4-hour chart. Gold price declined heavily and moved in the red zone Read more…
NASDAQ 100 Index reversed from round resistance level 19000.00 Likely to fall to support level 18500.00 NASDAQ 100 Index today reversed down from the resistance area located between the round resistance level 19000.00 and the Read more…
EURGBP reversed from long-term support level 0.8500 Likely to test resistance level 0.8550 EURGBP currency pair today reversed up from the major long-term support level 0.8500 (which has been steadily reversing all downward impulse of Read more…
The Covid-19 pandemic had a severe effect on many businesses as the amount of Chapter 11 bankruptcy filings was significantly higher in 2020 compared to 2019. For example, bankruptcy filings by companies with asset value Read more…
