The firm now sees the BOE performing their first rate cut in June, arguing that:"A combination of stubbornly weak activity, a further softening in labour market conditions, alongside in-line wage and services inflation numbers will now more likely than not push the...
The Dow Jones Rises to Monthly Highs! Is Gold Retracing Or Correcting?
The Dow Jones rises to a monthly high despite higher inflation data for February 2024. The Dow Jones’s best performing stock on Tuesday was 3M Co (+4.97), Intl Business Machines Corp (+3.16%) and Microsoft (+2.66%). US inflation rises from 3.1% to 3.2% and the Monthly...
Japanese yen struggles to light up as wage talks come into focus
The yen got some encouragement earlier in Asia, following some early reports on the spring wage negotiations here. USD/JPY dipped to a low of 147.23 before rebounding slightly to around 147.60 as we got into European trading. But once again, BOJ governor Ueda failed...
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https://www.youtube.com/watch?v=T5aaZ-86ygo 셀프주유소에서 카드로 결제하시는 분들이라면 넣지도 않은 주유비가 결제되는 일이 없도록 조심하셔야 할 것 같습니다. #셀프주유소 #환급 #초과결제 #결제오류 MoneyMaker FX EA Trading...
Japan PM advisor Yata says wage hikes this year likely to exceed last year’s
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ECB’s Villeroy: It is more likely a rate cut will happen in June than in April
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
European equities keep lightly changed to start the day
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Bitcoin pulls through to hit $73,000 again after yesterday’s brief dip
Over the last week or so, Bitcoin had encountered a few dips but buyers prevailed at each time. In trading yesterday, it was no different as the drop threatened a break of a key near-term support before buyers stepped in to salvage that again. Here's a look at the...
UK January monthly GDP +0.2% vs +0.2% m/m expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOJ’s Ueda says will consider policy changes once achievement of price target is in sight
We must scrutinise whether positive wage-inflation cycle emergesThat will determine whether conditions for phasing out stimulus are falling into placeThis year's wage talks is critical in deciding timing on exit from stimulusWe will scrutinise wage talks outcome as...
Japan PM Kishida: Will call for wage hikes exceeding last year for small, mid-sized firms
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
FX option expiries for 13 March 10am New York cut
There are some large ones to take note of for today, as highlighted in bold.The first ones are for EUR/USD at the 1.0920-40 region. Those expiries are likely to help keep price action more compact in the session ahead, as traders continue to digest the post-CPI...
Today’s wage results could be driving force to realise virtuous cycle in Japan – JCM chair
For some context, the JCM represents about 2 million metalworkers from more than 3,000 affiliated unions across the industry in Japan. The above comment is encouraging and befitting of what we have seen so far. That being bigger corporations are able to pull through...
A calmer mood awaits European traders in the session ahead
Major currencies are mostly little changed as broader markets are taking a bit of a breather so far today. The US CPI data yesterday produced a chaotic reaction as the dollar went up and down, before moving back up slightly again in the aftermath. That comes as bond...
The spotlight is on the yen as Japan wages data starts to trickle through
In case you missed the headlines, you can check out Eamonn's wrap earlier here. For now, it looks like the bigger corporations are meeting wage demands and that's a good start. But policymakers would definitely want to see that spill over to smaller and medium-sized...
ForexLive Asia-Pacific FX news wrap: Japanese wage rise data begins to filter in
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
El Salvador removes income taxes for money from abroad
El Salvador's Congress approved a reform to remove income taxes previously imposed on money from abroad.the aim of the change is to attract more foreign investment. Money from abroad, such as remittances and investments in companies will now be exempt from tax.Info...
Putin says that from military-technical point of view Russia is ready for nuclear war
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Japan chief cabinet secretary Hayashi – important wage rises spread to mid & small firms
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