USD/JPY moves above 143.00
The only news of note has been the rate cut from the US Federal Open Market Committee (FOMC) on Wednesday: Just waking up? Here’s the short summary of Wednesday’s FOMC…
Read More »“Overlooked green shoots” for China – improving growth seen ahead
In summary from analysts at Invesco Asia Trust on their outlook for China. Say that factors leading to ingrained pessimism on the economy include: faltering demand in the property market…
Read More »US Abraham Lincoln Carrier Strike Group accelerating towards Middle East
US Defense Secretary Austin spoke to his Israeli counterpart Gallant in a call Austin said he has ordered the USS Abraham Lincoln carrier strike group to accelerate its transit to…
Read More »Bank of Japan Governor Ueda says some challenges are uniquely difficult for the Bank
Bank of Japan Governor Ueda We have made progress in moving away from zero and lifting inflation expectations, but we must now re-anchor them, this time at the 2% target…
Read More »RBA meeting next week – preview – Cash rate to remain unchanged
The Reserve Bank of Australia meet on May 6 and 7. They are almost unanimously (1 of the 37 economists polled expects a hike) expected to leave the cash rate…
Read More »More from BOJ’s Ueda – wanted to move before trend inflation hit 2%
Bank of Japan Governor Ueda: Trend inflation yet to reach 2%, so need to support economy’s momentum toward hitting 2% by maintaining accommodative monetary conditions Want to scrutinise whether trend…
Read More »Australian monthly CPI (February) 3.4% y/y (vs. 3.5% expected)
A better result, matching January and lower than the estimate. 3.4% y/y in February expected 3.5%, prior 3.4% – The ‘core’ Trimmed Mean reading is 3.9% y/y, up from 3.8%…
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