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Switzerland’s economic outlook improved noticeably in June as the KOF Economic Barometer rose from 98.6 to 101.2, comfortably beating expectations of 99.4 and moving back above its long-term average of 100. The latest reading suggests Read more…
JPMorgan’s chief global economist Bruce Kasman titled the bank’s mid-year outlook “Promise and Pressure.” He published it on June 28. The two words are doing a lot of work in a year that has moved Read more…
Key takeaways USD/JPY has confirmed a major technical breakout. The decisive move above the long-standing 161.95 resistance suggests that bullish momentum remains firmly in place, with the pair entering a fresh medium-term impulsive advance despite Read more…