More from BOJ Gov Kuroda: Japan has yet to see inflation hit 2% in stable sustained manner
<p>Bank of Japan Governor Kuroda</p><ul><li>Japan's CPI rise above 3% is driven mostly by rising import costs</li><li>Japan has yet to see inflation hit 2% in a stable sustained manner</li></ul><p>more to come…
Read More »Australian jobs report: Jobs K +32.2K (+15K expected) & Unemployment 3.4% (3.6% expected)
<p class="western"> Australian economic data – the employment report for October </p><p>A solid report. </p><ul><li>Full-time jobs jumped from September while part-time fell. </li><li>headline jobs added is twice what was the…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2456 – Reuters estimate
<p>PBOC CNY reference rate is due around 0115 GMT.</p> This article was written by Eamonn Sheridan at forexlive.com.
Read More »Australia data, Sept: Exports +7% m/m (prior +2.6%) & Imports +0% m/m (prior +4.5%)
<p>Australian trade balance data for September 2022</p><p>Comes in at A$12.444bn</p><ul><li>expected A$8.85bn</li><li>prior A$8.324Bbn</li></ul><p>Exports +7% m/m for a big beat, & ahead of the August result</p><ul><li>prior +2.6%</li></ul><p>Imports flat at +0% m/m, well…
Read More »Australian headline CPI 1.8% q/q (expected 1.6%)
<p>AUD has popped a little higher on the higher than expected <a href="https://www.forexlive.com/terms/i/inflation/" target="_blank" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa_1" class="terms__main-term">inflation</a> data</p><p>more to come</p><p>The 'trimmed mean' is a core measure – the RBA target band…
Read More »Singapore’s non-oil domestic exports (September NODX) -4% m/m (expected -2.1%)
<p>Data from Singapore. A big miss on exports.</p><p>September NODX:</p><p>-4.0% m/m </p><ul><li>expected -2.1%, prior -3.9%</li></ul><p>+3.1% y/y</p><ul><li>expected +7.1%, prior +11.4%</li></ul> This article was written by Eamonn Sheridan at forexlive.com.
Read More »Australia September business confidence 5 (vs. prior 10)
<p>From the National Australia Bank Business Survey for September 2022</p><p>Business confidence 5</p><ul><li>prior 10</li></ul><p>Business conditions 25</p><ul><li>prior 22</li></ul><p>The conditions measure is more objective than the sentiment-baed confidence measure. </p><p>NAB comments:</p><ul><li>Conditions are now…
Read More »Australia August exports +3% m/m (prior -9.9%) & imports +4% (+5.2%)
<p>Australian Trade Balance for August is a surplus of A$8.324bn</p><ul><li>expected A$10.0bn, prior A$8.733bn</li></ul><p>Exports +3% m.m</p><ul><li>expected + 2%, prior -9.9%</li></ul><p>Imports+ 4% m/m</p><ul><li>expected -1%, prior +5.2%</li></ul> This article was written by Eamonn…
Read More »Large manufacturers sentiment in Japan has declined for 3 consecutive quarters
<p>The Bank of Japan Tankan survey of manufacturers and non-manufacturers.</p><p>Large manufacturing sentiment has fallen for 3 straight quarters, at it lowest since March of 2021</p><p>Non-manufacturing though hs improved for 2…
Read More »Japan preliminary September PMIs. Manufacturing 51.0 (prior 51.5) Services 51.9 (49.5)
<p>Jibun flash PMIs from Japan for September. </p><p>Manufacturing 51.0 (slowest in 20 months)</p><ul><li>prior 51.5 </li></ul><p>Services 51.9 </p><ul><li>prior 49.5</li></ul><p>Composite 50.9</p><ul><li>prior 49.4</li></ul> This article was written by Eamonn Sheridan at forexlive.com.
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