Market movers today The week starts out very quietly on the data front with no major releases on the calendar. The big focus this week will be the flash PMIs for August out on both sides of the Atlantic, the ECB minutes of the July meeting on Thursday and the Jackson Hole conference from Thursday […]
The post German PPI set the tone on Friday, PMIs and Jackson Hole this week appeared first on Action Forex.
US producer prices surprised to the upside in February, with PPI rising 0.7% mom, more than double expectations of 0.3% mom. The annual rate accelerated to 3.4% yoy from 2.9% yoy, marking the strongest pace Read more…
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Key takeaways BoJ policy pause amid stagflation risks: The Bank of Japan is expected to keep rates unchanged at 0.75%, balancing rising inflation with slowing growth as higher oil prices from the US–Iran war in Read more…