Japan’s household spending rises only 0.1% in Jul, lagging expectations despite wage growth
Japan’s household spending edged up by 0.1% yoy in July, falling well short of the […]
Fed’s Goolsbee signals multiple rate cuts as labor market weakens
In an interview with MarketWatch, Chicago Fed President Austan Goolsbee indicated that the current economic […]
When the Rear-View Mirror is Foggy, Triangulate
Forecasting is hard when even the past does not stand still. Local markets were heavily […]
USD/JPY Extends Losses, US NFP Report Next
Key Highlights USD/JPY extended losses and traded below the 145.00 level. It traded below a […]
Intraday Elliott Wave Expects Further Correction in Dow Futures (YM)
Short Term Elliott Wave in Dow Futures (YM) suggests that pullback to 38532 low on […]
ECB Preview – Dialling Back, But Pace Ucertain
On Thursday 12 September, the ECB is widely expected by both analysts and markets to […]
US: Despite Broader Growth Concerns, Service Sector Improves
Summary The services ISM notched a modest gain in August, quelling for now concerns about […]
US Labour Market: Normalisation, Not Recession
Fresh signs of a cooling labour market are boosting confidence in the Fed’s policy turnaround […]
ISM Shows Services Sector Continued to Grow in August
The ISM Services index was virtually unchanged in August, coming in at 51.5 from 51.4 […]
US ISM Services ticks up to 51.5 in Aug, continued modest growth
US ISM Services PMI edged higher in August, ticking up from 51.4 to 51.5, in […]
USD/JPY: Falls to One Month Low as Sentiment Sours Further Ahead
USDJPY continues to trend lower and hit new one-month low on Thursday, pressured by expectations […]
US NFP in focus as Fed’s rate cut decision hangs in the balance
Today’s US non-farm payroll report is crucial for all market participants, as it could determine […]