EUR/JPY Price Analysis: Bulls taking lead in Asia, eye fresh hourly highs
After settling down from a round trip overnight in early US day forex moves where EUR/JPY had rallied back to the upside, it has since pulled back to
Read More »Japan Jibun Manufacturing PMI for July 53.0 (prelim was 52.2, prior 52.4)
More on the preliminary and prior can be found here Also, more manufacturing PMIs from Asia were released:
Read More »Recap July 11: Exploding Cases, Exploding Prices, Exploding Disasters (Recap Ep131)
In this week’s recap, we find that U.S. stocks ended Thursday in the worst daily performance in nearly 3 weeks, as investors across the globe retreated from risky assets. Investors…
Read More »Jibun Bank/Markit Manufacturing PMI (final) for May 53.0
The preliminary for Manufacturing PMI was 52.5 vs. the prior month’s 53.6 States of Emergency continue to weigh on Japan’s economy, but the declines are widespread. Elsewhere in Asia. Manufacturing…
Read More »Market Update – April 23 – Equities and Bitcoin Lower; USD Flat
Market News Today – US Equities down again (-0.92%), USD (91.20) & Yields (1.55%) flat, BTC tanks under $50k on Biden proposal to raise capital gains tax to 40%. ECB…
Read More »China’s President Xi to address forum on global risks, China solutions
President Xi Jinping to speak at the Boao Forum on Asia today Speech will cover risks and challenges facing the world, what solutions China can offer
Read More »Economic calendar due from Asia today, Friday 2 April 2021, is nearly empty
Its a holiday across much of Asia, including for me! So, I won’t be around too much but will pop in from time to time. 2350 GMT will bring data…
Read More »Copper outlook and its contrast with other assets
The USD posted fresh highs before receding, with the Dollar basket reversing yesterday’s gains. The Greenback’s softening was concomitant with a dip in US Treasury yields, which was seen as…
Read More »Bitcoin has hit $49,000 for a fresh high
Asia trade timezone taking the crypto to a new record.
Read More »Here’s a readout of what Biden and Merkel discussed on a Tuesday phone call
This is the White House ‘readout’ of the call. Biden is busy patching up relations with US allies. Meanwhile, EUR/USD is little changed in Asia morning trade.
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