The First View on Big Tech Earnings Wasn’t Inspiring
The first view on Big Tech earnings wasn’t inspiring. Tesla’s earnings missed estimates for the […]
Japan’s PMI services surges to 53.9 while manufacturing back in contraction
Japan’s PMI Manufacturing declined from 50.0 to 49.2, underperforming against expectations of 50.5, indicating contraction. […]
Outcome of Expected Contest Between Trump and Harris Too Early To Call
Markets US President Biden stepping out of the presidential election race dominated press/market headlines yesterday. […]
Big Tech Rebound Ahead of Earnings, Oil Slips
Week started on a bullish note in Europe and the US as Jow Biden’s decision […]
Yen Advances Despite BoJ Uncertainty, Aussie and Kiwi Struggles Continue
Yen is trading broadly higher in otherwise sluggish Asian session today. The central focus remains […]
USD/JPY: Another Potential Relief Rally Leg Looms for JPY
A potential uptick in Japan’s core-core CPI led by PPI may increase the odds of […]
Shift in Risk Sentiment a Short-Lived Anomaly or Start of a Longer Correction?
Last week proved to be a whirlwind for global markets, marked by a series of […]
Weekly Market Outlook: US PCE, GDP, and Earnings Expected to Drive Volatility
This week, markets were influenced by trade war fears, US political developments, and a global […]
Japan downgrades fiscal 2024 growth forecast amid consumption struggles
Japan’s government has downgraded its growth forecast for the current fiscal year 2024 from 1.3% […]
Japan’s CPI core rises to 2.6%, above target for 27th month
Japan’s core CPI, which excludes food prices, rose from 2.5% yoy to 2.6% yoy in […]
USDJPY: What’s Happening With JPY? Scenarios after BoJ Intervention
Bullish Scenario: Buy above 156.45 with targets at 157.16, 157.90, and 158.10 in extension. Set […]
Japanese government notes export stagnation as global risks mount
Japan’s government maintained its economic assessment but noted a more pessimistic outlook for exports due […]