Japan’s services sector lost momentum in September, with PMI Services falling from 52.5 to 51.3, while PMI Composite eased from 53.5 to 52.3. Services activity nevertheless expanded for a fourth straight month, while overall private-sector output grew for an eighteenth consecutive month. New business also increased at a slower pace, with domestic demand continuing to […]
The post Japan PMI Growth Slows, But Hiring and Price Pressures Stay Firm appeared first on ActionForex.
Key Highlights EUR/USD declined heavily below 1.1320 and 1.1250. A major bearish trend line is forming with resistance at 1.1275 on the 4-hour chart. GBP/USD started a consolidation phase below 1.3280. USD/JPY could aim for Read more…
Last week, markets continued to adjust to expectations of higher U.S. interest rates, keeping U.S. equities under pressure. Gold fell more than 3%, reaching its lowest level since August, while stronger-than-expected U.S. GDP growth helped Read more…
Bank of Japan Deputy Governor Shinichi Uchida said on October 5 in opening remarks at the ECONDAT 2026 Fall Meeting that AI is already influencing the variables central banks use to assess monetary policy. His Read more…