USD/CAD Downtrend Resumes as Powell Calms Stock Market, Nikkei 225 at Risk
The Canadian Dollar extended gains as Fed Chair Jerome Powell quelled market volatility. Japan’s Nikkei 225 may gap lower, with NZD/USD eying the RBNZ during the APAC session.
Read More »Live Analysis | February, 15
Stock markets supported by recovery hopes. Markets started the week in full risk on mood, as confidence in the global recovery strengthened. Japan Q4 GDP numbers came in higher than…
Read More »Japan – Jibun Bank/Markit Services 46.1 and Composite 47.1 PMI (final) for January
Japan – Jibun Bank/Markit PMIs … both of these still in contraction. Comment from the Markit report accompanying the results:
Read More »Japan manufacturing PMI for January 49.8
Japan – Jibun Bank/Markit Manufacturing PMI (final) for January Back into contraction for the month to kick-off 2021. Falls for both employment and output indexes
Read More »FX Update – January 18 – USD Holds on to gains
USDindex, H1 The USDIndex has posted a one-month high at 90.88, which sets up potential for a third consecutive up week, something that hasn’t been seen since January last year….
Read More »USD/JPY 1Q Forecast: Can the BoJ Keep Up With the Breakneck Pace of the FOMC?
With Shinzo Abe now no longer leading Japan, can Abenomic-fueled Yen losses remain?
Read More »Japan flash PMIs Dec: Manufacturing 49.7 (prior 49.0), Servcies 47.2 (prior 47.8)
Preliminary PMI data from Japan for December ‘Final’ readings for these will be out in around a week.
Read More »Japan – Jibun Bank/Markit PMIs Services 47.8 and Composite 48.1 (final) for November
Preliminary and priors can be found here Comments from the IHS / Markit report: The balance is optimism in this analysis, which may be reasonable given vaccine developments and the…
Read More »Gold Stressed into year end?
The second wave of Covid infections globally has caused increasingly stringent lockdowns, which in turn have led to a resurgence of uncertainties over the near term growth outlook and are…
Read More »Japan – Jibun Bank/Markit Services 47.7 and Composite 48.0 PMIs (final) for October
Services Business Activity Index nine-month high of 47.7 in October Some notes on the report: — Survey of around 400 service sector companies
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