The post Eco Data 5/27/22 appeared first on Action Forex.
Japan’s underlying inflation slowed sharply in April, creating increasingly difficult conditions for the Bank of Japan to justify near-term rate hikes despite recent hawkish rhetoric from several policymakers. CPI core, excluding fresh food, eased from Read more…
Federal Reserve officials Thomas Barkin and Austan Goolsbee signaled growing concern on Thursday that inflation pressures may prove more persistent than previously expected, reinforcing the broader market shift toward a higher-for-longer interest rate outlook. While Read more…
Bitcoin retraced from the $80,000 level, along with other altcoins, and they are lagging US equities after the latest US-Iran peace draft. Cryptos have been consolidating for a while, but present interesting technical indications. A Read more…