Bank of Japan Deputy Governor Ryozo Himino said Japan is not currently facing stagflation, noting that inflation is moving around the 2% target while the economy continues to grow above potential. His remarks reinforce the Read more…
Japan’s producer prices picked up pace in March, with PPI rising from 2.1% yoy to 2.6% yoy, above expectations of 2.3% yoy. On a monthly basis, prices increased 0.8% following a revised 0.1% gain in Read more…
New Zealand’s BusinessNZ Performance of Manufacturing Index eased from 54.8 to 53.2 in March, signaling that manufacturing activity remains in expansion but at a slower pace. The details showed some loss of momentum, with production Read more…
Key Highlights USD/JPY started a decent upward wave above 158.50. It faces key hurdles near 159.20 and 159.50 on the 4-hour chart. EUR/USD could extend gains if it settles above the 1.1720 resistance. Gold could Read more…
Forecasts are an assessment of the most likely outcome, not the preferred one. The ceasefire announcement was welcome, but whether it holds is highly uncertain. The economy does not care about your feelings, so forecasts Read more…
Key insights from the week that was. Ahead of the worst of the current conflict, the ABS’ household spending indicator gained 0.3% in February, in line with January’s result and the trend pace of the Read more…
The US Dollar Index (DXY) is at a critical technical crossroads as CPI spike looms Markets are bracing for a massive 1.0% surge in March Headline CPI While the Headline CPI is forecasted to hit Read more…
Cryptocurrencies haven’t found steady momentum for a rally during major market swings. Recent dynamics have helped ease the harsh selloffs seen over the past six months. There has been a shift toward alternative assets amid Read more…
USDCAD: ⬇️ Sell USDCAD reversed from resistance zone Likely to fall to support level 1.3735 USDCAD currency pair recently reversed down from the resistance zone between the key resistance level 1.3900 (former top of wave Read more…
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