Prior -3.2%; revised to -3.3%Retail sales +0.7% vs -1.4% y/y expectedPrior -2.4%Retail sales (ex autos, fuel) +3.2% vs +1.7% m/m expectedPrior -3.3%; revised to -3.5%Retail sales (ex autos, fuel) +0.7% vs -1.6% y/y expectedPrior -2.1%After a record fall in December,...
GBPUSD Technical Analysis – Key levels in play ahead of the UK Retail Sales
USDThe Fed left interest rates unchanged as expected while dropping the tightening bias in the statement but adding a slight pushback against a March rate cut.Fed Chair Powell stressed that they want to see more evidence of inflation falling back to target and that a...
BOJ’s Ueda reaffirms focus on the outcome of spring wage negotiations
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UK retail sales the highlight of the agenda in the session ahead
The dollar is keeping steadier so far today as yields nudge back a little higher. The US retail sales data yesterday was a setback for the dollar, as traders reversed the post-CPI moves on the week. That said, there are still some mixed signals in broader markets at...
A couple of mixed signals as we look towards the end of the week
In large parts, the post-CPI moves were reversed in trading yesterday. That follows a rather disappointing US retail sales report here. The dollar was dealt a blow as bond yields tumbled but we're sort of at a crossroads now on the week.For one, EUR/USD has already...
BOJ’s Ueda says expects real wages to gradually turn positive
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ECB’s Villeroy: There is still the question of exact timing for rate cut
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ForexLive Asia-Pacific FX news wrap: US yields and dollar rise
US PPI data focus on Friday - the ranges expectedFederal Reserve speakers on Friday include Barkin, Barr and DalyBOJ Ueda says will consider policy move when inflation target conditions metJapan finance minister Suzuki concedes that a weak yen has pros and...
Japan data – December Tertiary Industry Activity Index +0.7% m/m (exp. +0.2%, prior -1.4%)
USD/JPY little moved. Its sitting on top of its session range. The USD has gained small pretty much across the majors board, yields higher helping it along.-The Tertiary Industry Index (AKA the Index of Tertiary Industry Activity) indicates the performance of the...
US PPI data focus on Friday – the ranges expected
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Federal Reserve speakers on Friday include Barkin, Barr and Daly
the CPI data earlier this week was the final nail in the coffin, if another was needed, of a March FOMC rate cut. Incoming clues for this lot later today I suspect:1300 GMT / 0800 US Eastern time: Federal Reserve Bank of Richmond President Thomas Barkin speaks before...
BOJ Ueda says will consider policy move when inflation target conditions met
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Japan finance minister Suzuki concedes that a weak yen has pros and cons
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European Central Bank speakers on Friday include Schnabel, de Cos
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Bank of England Chief Economist Huw Pill is speaking on Friday
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ANZ says the RBNZ has no tolerance for delays in the return of inflation to target
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Bank of Japan Governor Ueda will speak today, from 0235 GMT (2135 US Eastern time)
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Singapore January NODX surges to +16.8% y/y vs. +5.4% expected and -1.5% in December
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More from Fed’s Bostic: expects more progress on inflation, but could be bumpy
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