Share: The US Dollar holds on to Monday’s gain in a first step to recover last week’s losses. CPI release disappointed markets with no accelerated disinflation. The US Dollar Index trades back above 103.00 in its road to recovery. The US … [Continue reading]
BoJ to offer guidance on bond buying operation after scrapping YCC, ending negative rates – Reuters
Share: Citing four sources familiar with the Bank of Japan’s (BoJ) thinking, Reuters reported on Tuesday that the BoJ is said to offer some form of numerical guidance to markets on how much Japanese government bonds (JGB) it will continue to … [Continue reading]
Netherlands, The Consumer Price Index n.s.a (YoY) dipped from previous 3.2% to 2.8% in February
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Japan Suzuki: Not at a stage where Japan can avoid the risk of falling back into deflation
Share: Japanese Finance Minister Shunichi Suzuki said on Tuesday that the central bank have not reached a stage where Japan can avoid the risk of falling back into deflation. Key quotes “Positive development is seen in Japan's economy such as high … [Continue reading]
Dow Jones Industrial Average Forecast: DJIA ends Monday in the green, buoyed by 38,500.00
Share: The Dow Jones is the best of the indexes on Monday. S&P 500, NASDAQ slightly in the red as Dow Jones holds steady. Markets gear up for US CPI inflation on Tuesday. The Dow Jones Industrial Average (DJIA) is up on thin margins for … [Continue reading]
USD/JPY Price Analysis: Enters oversold territory
Share: USD/JPY enters oversold territory suggesting the chance of a pullback. The pair has fallen rapidly over recent weeks due to expectations the BoJ will raise interest rates, The pair is now probably in a short-term downtrend, … [Continue reading]
Pound Sterling consolidates ahead of UK Employment, US Inflation data
Share: The Pound Sterling is stuck in a tight range ahead of the UK labor market, US CPI data. The UK wage growth data will provide fresh cues about the inflation outlook. The broader market sentiment remains upbeat as hopes for Fed rate cuts in … [Continue reading]
Australian Dollar could end its winning streak ahead of US CPI
Share: Australian Dollar halts its winning streak amid a muted US Dollar. Australia’s S&P/ASX 200 Index retreats from all-time highs as investors booked profits. China's CPI YoY and MoM increased by 0.7% and 1.0%, respectively, in … [Continue reading]
Japanese Yen stands tall near one-month top against USD on hawkish BoJ talks
Share: The Japanese Yen continues to draw support from expectations for a hawkish BoJ pivot. Bets for a June Fed rate cut undermine the USD and further exert pressure on USD/JPY. An upward revision of Japan’s Q4 GDP print contributes to the offered … [Continue reading]
Bitcoin related tokens STX, RUNE, LENDS see price gains ahead of BTC halving
Share: Bitcoin halving anticipation is a likely catalyst for gains in Bitcoin related projects Stacks, THORChain, and Lends. STX, RUNE, and LENDS prices rallied on Sunday as BTC price inches closer to $70,000. The Bitcoin-related token … [Continue reading]