Japan’s CPI hits 2-year high In Japan, the spotlight this week was on inflation indicators. After decades of deflation, Japan is experiencing inflationary pressures, although nothing on the scale that we’re seeing in the US or the UK. Inflation remains below the BoJ’s target of around 2%, but if the upswing continues, it could lead […]
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The UK private sector contracted sharply in April, with the flash PMI Composite falling from 51.5 to 48.2, the lowest reading in 29 months. PMI Manufacturing dropped from 45.3 to 44.0, a 20-month low. PMI Read more…
Gold pulls back after sharp rally to all-time high. Bearish candlestick pattern emerges; overbought signals confirmed. Sellers eye a close below 3,290 to target lower levels. Gold opened Wednesday’s session with a downside gap, extending Read more…
Stock prices rose, and the dollar gained slightly as the Trump administration eased tensions that had recently unsettled financial markets. President Trump’s comments last night boosted sentiment and once again proved that his outbursts should Read more…