UK Economy Contracts in September, Pound Shrugs
The British pound has stabilized on Friday after four straight losing sessions. In the European […]
Japan GDP Beats Forecast, Yen Ends Skid
The Japanese yen is in positive territory today, putting the brakes on a four-day skid. […]
And Suddenly, Fed’s Urge to Cut Rates Evaporates
Federal Reserve’s (Fed) Jerome Powell, who leads a team that started cutting the interest rates […]
US Retail Sales and Industrial Production to Conclude the Week
In focus today From the US, October retail sales and industrial production data will provide […]
Cliff Notes: Burgeoning Confidence
Key insights from the week that was. In Australia, the latest Westpac-MI Consumer Sentiment Survey […]
The Real Wage Overhang Hangover
Wages growth has peaked and started declining. At current rates, even quite low productivity growth […]
China’s industrial growth and investment lag, while retail sales outperform in Oct
China’s economic data for October showed a mixed performance, with retail sales surpassing expectations while […]
Japan’s real GDP growth slows to 0.9% annualized, robust consumption but weak investment
Japan’s economy expanded by 0.2% qoq in Q3 2024, aligning with market expectations but indicating […]
USD/JPY Extends Gains: Is More Upside Ahead?
Key Highlights USD/JPY started another increase above the 154.65 resistance. A key bullish trend line […]
NZ BNZ manufacturing falls to 45.8, further contraction but new orders show signs of recovery
New Zealand’s BusinessNZ Performance of Manufacturing Index dropped from 47.0 to 45.8 in, marking its […]
Fed’s Powell: Rate moving towards neutral, but no rush to cuts
Fed Chair Jerome Powell conveyed in a speech overnight that the central bank sees no […]
UK GDP shrinks -0.1% mom in Sep; Q3 growth slows sharply to 0.1% qoq
UK economy contracted by -0.1% mom in September, falling short of market expectations for 0.2% […]