NZIER Quarterly Survey of Business Opinion reveals significant improvement in business confidence in New Zealand during Q3. A net 5% of firms now expect deterioration in general economic conditions, a stark improvement from the net Read more…
Japan’s Manufacturing PMI for September was finalized at 49.7, marginally lower than August’s reading of 49.8, signaling continued contraction in the sector. According to Usamah Bhatti from S&P Global Market Intelligence, the data reflected “muted Read more…
Japan’s Q3 Tankan Large Manufacturing Index remained steady at 13, unchanged from Q2 and in line with market expectations, indicating stability in the country’s manufacturing sector. Manufacturers’ outlook for the next three months improved slightly Read more…
The Summary of Opinions from BoJ’s meeting on September 19 and 20 acknowledged that while outlook for Japan’s economic activity and inflation will guide future changes in monetary accommodation, policymakers remain vigilant about developments in Read more…
Fed Chair Jerome Powell made it clear during a speech at the NABE conference that FOMC is “not a committee that feels like it is in a hurry to cut rates quickly.” Powell noted that Read more…
Chicago Fed President Austan Goolsbee highlighted Fed’s outlook for an extended period of monetary easing in an interview with FOX Business overnight. He noted, “this is a process over a year or more that we’re Read more…
In an interview with Reuters overnight, Atlanta Fed President Raphael Bostic outlined his expectations for a gradual, “orderly” easing of monetary policy over the next 15 months. His baseline scenario sees policy rate falling to Read more…
Gold prices fell due to a stronger dollar and end-of-quarter flows, despite being on track for the best quarter since Q1 2016. The market is awaiting US jobs data on Friday, which could impact rate Read more…
Gold prices are holding steady near $2,650 in Asian trading on Monday, despite positive market sentiment from China’s new stimulus measures. Traders are hesitant to make any big moves before the speech from US Federal Read more…
The US Dollar (USD) is struggling to gain strength as it begins the last trading day of the third quarter. Investors are closely watching for inflation data from Germany and speeches from key Federal Reserve Read more…