Forex Market

Tokyo Consumer Price Index, for March, increases 2.6% YoY from 2.6% earlier. The headline The Tokyo Consumer Price Index (CPI) increased 2.6% YoY in March after increasing 2.6% in the prior reading, according to data released on Friday by the Statistics Bureau of Japan. In the meantime, after rising 3.1% …

Due to hawkish comments made by Fed member Waller, which implied that the US central bank would maintain rates at their present, restrictive levels for an extended period of time, the US dollar strengthened on Thursday. Bond rates for the near term rose, and the stock markets continued their upward …

The US government debt rates saw their largest quarterly increases in at least six months as the shortened session came to a finish on Thursday.During the first quarter, the benchmark 10-year Treasury yield and the 30-year rate increased by 33.2 basis points and 31.7 basis points, respectively, to 4.192% and …

The European Central Bank (ECB) cannot afford to ignore the economic dangers connected to an extended period of high interest rates, according to Governing Council member Francois Villeroy de Galhau. Villeroy, on the other hand, says that the ECB ought to start cutting rates during one of its next meetings.Dual …

Thursday’s trading witnessed a rare occurrence in financial markets as both US stocks and the US dollar are rising simultaneously. This phenomenon sheds light on the surge in risk-linked assets and a key safe-haven asset concurrently.This simultaneous rise is infrequent and typically result from a powerful event signaling significant influence …

The US Bureau of Economic Analysis (BEA) will release the Core Personal Consumption Expenditure (PCE), the favoured inflation gauge of the Fed, on Friday, March 29 at 12:30 GMT. As the release date approaches, the following are the projections from academics and economists at seven major banks.It is expected that …

A strong ideological debate concerning economic policy is currently taking place in the United States, with Senator J.D. Vance of Ohio and former President Donald Trump leading the battle as they adopt the populist economics sparking a great deal of excitement as well as anxiety and concern. However, what does …

On Thursday, the Australian dollar found brief support around the $0.6500 level, despite continuing downward trends. The upwardly revised US economic growth data made little to change the downtrend, as the US Dollar declined from a six-week high.The Reserve Bank of Australia’s (RBA) recent interest rate hikes have made Australia’s …

The United States economy exhibited stronger-than-previously-reported growth in the fourth quarter of 2023, propelled by robust consumer spending and increased business investment in nonresidential structures, according to the latest data from the Commerce Department’s Bureau of Economic Analysis. Gross domestic product (GDP) expanded at an annualized rate of 3.4% in …

Japanese Prime Minister Fumio Kishida emphasized on Thursday the necessity for the central bank to uphold accommodative monetary conditions, underscoring the government’s commitment to supporting economic recovery and defeating deflation. In a news conference, Kishida affirmed that the government would sustain close coordination with the Bank of Japan (BOJ) to …