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The US Bureau of Labor Statistics (BLS) will release the September Consumer Price Index (CPI) report Thursday, October 13 at 8:30 ET.Consensus expectations are for headline CPI to come in at 0.2% m/m,...
USD/JPY rises for 8 consecutive week Yen's weakness persists; returns to pre-intervention levels Watch out for more intervention and/or a sharp move in USD/JPY The USD/JPY has climbed above the...
New month, new quarter…new market trends?This week has kicked off with a violent counter-trend reversal in the big themes from last month, quarter, and the year to date. Major global indices...
USD/JPY has edged higher at the start of the week, trading at 145.10 in the European session.Tokyo Core CPI nextJapan’s Tankan indices for Q3 were mixed and the yen had a muted response....
The markets begin October with some trepidation. Rumors continue to circulate about the health of a large European bank, cross currency swaps are elevated, suggest dollars are more difficult to...
The US Dollar is on the rise against some currencies again, the Japanese Yen continues to collapse despite the intervention by BoJ and the US stock market reaching an 11-month low.The US stock market...
Much has been made in recent months about central bank policy harmonization. Particularly since inflationary pressures have increased in the wake of the pandemic, one central bank after another has...
Powell’s Jackson Hole Speech Emphasizes Inflation Fight As Investors Realize Rates Must Head HigherIn September, the Dow Jones Industrial Average fell 8.28 %, the S&P 500 dropped 8.63 %, and...
To say that gold has been struggling this year is an understatement. As the chart below shows, the price of the yellow metal declined from above $2,000 to below $1,700 (as of September 20). That slide...
The yen has been drifting for most of the week and the trend is continuing today. USD/JPY is almost unchanged at 144.32.Japanese data surprises on the upsideJapan has released strong industrial...
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