Market movers today After the upside surprise in Spanish inflation figures yesterday, the focus turns towards the preliminary inflation data from France today. Please note, that the release of German CPI, which was also originally Read more…
Daily Pivots: (S1) 0.7034; (P) 0.7077; (R1) 0.7103; More… AUD/USD’s break of 0.7061 minor support suggests short term topping at 0.7141, ahead of 61.8% projection of 0.6169 to 0.6892 from 0.6721 at 0.7168. Intraday bias Read more…
Yen and Dollar are both in recovery mode in Asian session, as investor continued to turn cautious ahead of the three central bank meetings of Fed, BoE and ECB later in the week. Asian markets Read more…
Credit: Edgar Cervantes / Android Authority There’s no shortage of controversies when it comes to Facebook, from harvesting your personal data on smartphones to sharing data with unsavory third parties, and more. Now, the platform Read more…
France GDP grew 0.1% qoq in Q4, better than expectation of 0.0% qoq. On average over the year 2022, GDP increased by 2.6% (after +6.8% in 2021 and -7.9% in 2020). This annual growth figure Read more…
China official PMI Manufacturing rose from 47.0 to 50.1 in December, slightly below expectation of 50.2. PMI Non-Manufacturing jumped from 41.6 to 54.4, above expectation of 51.0. Both indexes were also back in expansion region. Read more…
Australia retail sales turnover dropped sharply by -3.9% mom to AUD 34.47m in December, much worse than expectation of -0.3% mom. That’s the first contraction after 11 straight months of growth. Still, sales turnover remained Read more…
Japan industrial production declined -0.1% mom in December, much better than expectation of -0.8% mom. The Ministry of Economy, Trade and Industry retained the assessment from the previous month that industrial production is “weakening.” 10 Read more…
USD/JPY: Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price Read more…
Australia’s retail snails weigh on December’s trade figures (again) Retail sales fell -3.9% in November (-0.3% expected, down from 1.4%) Annual rate of 7.5% is the lowest since 2022 December was the worst month since Read more…