Japan Jan Leading Index Revised Up The leading index for Japan, which measures the future economic activity, increased at the start of the year instead of a decline initially estimated, final figures from the Cabinet Office showed Friday. The leading index rose to 101...
Eurozone: Monetary Easing Leaves More Scope for Fiscal Stimulus – Goldman Sachs Research Team at Goldman Sachs, suggests that running an easier fiscal policy is more feasible now than at the peak of the Euro crisis...
BoJ to Catch Up on Negative Rates Relative to Europe – Danske Bank Research Team at Danske Bank, suggests that with the introduction of a negative interest rate policy the BoJ has added another dimension to its policy framework and can now pursue monetary easing by combining quantitative and qual...
USD/JPY: Expect BoJ to Cut by 20bp in April – Danske Bank Research Team at Danske Bank, notes that the Japanese GDP contracted 0.3% q/q in Q4 15, and they see a high risk of a technical recession in Q4-Q1 with yet another negative growth rate in Q1. Key Quotes “Inflation printed at 0...
Yen Little Changed After Japan CPI, Leading Index Japan's final inflation and leading index reports for January were published at 1:00 am ET Friday. After these data, the yen changed little against its major rivals. As of 1:01 am ET, the yen was trading at 126.25 against the euro, 159...
Malaysia Feb Inflation Accelerates More Than Expected Malaysia's consumer price inflation quickened at a faster-than-expected pace in February, figures from the Department of Statistics showed Friday. The consumer price index rose 4.2 percent year-over-year in February, faster than the 3...
Dollar Poised for Weekly Gain After Fed Officials Signal Rate Hikes By Lisa Twaronite TOKYO (Reuters) - The dollar was on track on Friday for a weekly gain of over 1 percent against a basket of currencies after a chorus of U.S...
Forex - Yen Weaker after CPI Comes in Flat for February Investing.com - The yen traded weaker in Asia on Friday with some markets closed to mark Good Friday in a thin trading day. USD/JPY changed hands at 113.06, up 0.14%, while AUD/USD eased 0.04% to 0.7526...
Pairs to be Avoided are... - Deutsche Oliver Harvey, analyst at Deutsche Bank explained that the lack of trendiness persists in G10 with an average VHF standing at the 21st percentile. EUR/USD tops the technical scorecard in G10 space...
Japan Overall CPI Rises 0.3% On Year In February Overall nationwide consumer prices in Japan gained 0.3 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday. That was in line with forecasts following the flat reading in January...
Slumping commodity prices have taken African currencies down with them, exposing the fundamental economic frailties of the world's poorest continent by driving up inflation in countries that import most of their manufactured goods...
Central banks have reduced official interest rates to historically lows, either near zero (known as ZIRP or Zero Interest Rate Policy). Long term bond rates are also at historically low levels...
Euro Declines Against Majors The euro drifted lower against its major counterparts in early New York deals on Thursday, as continued sell-off in commodities sapped demand for riskier assets, while a decline in Eurozone bond yields weighed...
US Stocks Appear on Track for Third Straight Loss US stocks fell in early trading as investors considered a possibility of an early rate hike amid weak economic data and falling oil prices. At the time of writing, Dow Jones Industrial Average (DJIA) was down 0.48% or 83 points...
Fed’s Bullard - Fed is Going Up Very Slowly on Interest Rates Fed’s Bullard is back on the wires extending his previous hawkish talk by saying the Fed is going up very slowly on interest rates...
Hawkish Bullard and Weak US Data Fail to Move Cable Hawkish comments from Bullard and weak US data may have pushed USD/JPY lower, but failed to trigger a major reaction in the GBP/USD pair, which continues to trade largely unaffected above 1.41 handle...
USD/CAD Challenges Highs Near 1.33, Oil Plummets The greenback remains on a firmer footing vs. its Canadian neighbour on Thursday, now lifting USD/CAD to fresh peaks in the 1.3280/85 band...
Gold Recovers Losses, but Hawkish Fed Speak Caps Gains Gold managed to recovery losses, but is having a hard time turning positive on the day as Fed’s Bullard joined “rate hike could happen sooner” bandwagon. Hovers around $1220/Oz Prices recovered from the one-month low of $1212...
