Markets With Japanese and US markets closed, Europe stood on its own to look for direction after Friday’s yield decline in the wake of weaker than expected US payrolls and services ISM. US markets again considering two potential Fed rate cuts (Sept +/- 90% discounted, 2nd in December +/- 80% discounted) gives European investors some […]
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Tokyo’s November CPI data pointed to resurgence of inflation pressures in Japan, raising expectations for BoJ to tighten policy further. Tokyo Core CPI, excluding food, climbed from 1.8% yoy to 2.2% yoy, beating expectations of Read more…
Headlines on Thursday revealed that Israel may have violated the recent Gaza ceasefire just one day after it began, with reports of tactical military actions targeting areas not included in the agreement. Meanwhile, OPEC+ postponed Read more…
The shift to a more services-based economy increases economy-wide depreciation rates, and so the need to invest. Higher average interest rates – and economy-wide profit shares – are among the likely results. An important reason Read more…