BoJ’s Summary of Opinions: Members see prices and growth developing in line with outlook
Bank of Japan (BoJ) published the Summary of Opinions from its July monetary policy meeting on July 30 and 31, with the key findings noted below.
Read More »Dovish BoJ Comments Stabilise Markets for Now, USD/JPY Rises
The recent USD/JPY sell-off found short-term support after BoJ Deputy Governor Uchida downplayed another rate hike during volatile market conditions
Read More »Pound Sterling Price News and Forecast: GBP/USD retraces its recent losses around 1.2710
GBP/USD retraces its recent losses, trading around 1.2710 during the Asian session on Wednesday.
Read More »Risk Gauges Flash Red: VIX, Stocks, Bonds, USD and the Japanese Yen
Risk assets are getting pummeled, especially in Asia at the start of the new week. Numerous macroeconomic factors have aligned to force a shift towards traditional safe havens
Read More »Goldman Sachs Chief Executive Officer David Solomon says it was a healthy stock correction
Goldman Sachs Group Inc. Chief Executive Officer David Solomon in an interview: confident the US economy will avoid a recession Federal Reserve is unlikely to implement an emergency rate cut…
Read More »Global Sell-off Takes a Breather – USD/JPY and ADU/JPY in Focus
The unravelling of the carry trade has amplified USD/JPY selling while markets look to AUD/JPY as a helpful gauge of risk sentiment
Read More »Mexican Peso slumps further ahead of inflation data
The Mexican Peso extended its daily losing streak to four against the Greenback.
Read More »Goldman Sachs has introduced a new Financial Stress Index (FSI) – totally normal
Inbfo comes via Reuters on the introduction of Goldman Sachs’ new Financial Stress Index (FSI): tightened over the last two days remains at relatively normal levels by historical standards most…
Read More »Broader indices trading to new highs. What next technically?
The Nasdaq index is trading at a new high end in the process is testing that key swing area between 16442 and 16539. The current prices at 16495 up 295…
Read More »Canada June trade balance +$0.64 billion vs -$1.84 billion expected
Prior was -1.93 billion Exports $66.65 billion vs $62.45 billion prior Imports $66.01 billion vs $64.37 billion prior There is some rare good news here on the Canadian economy as…
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