Global Financial Markets News.
By: Tina Lebed
#Forex #Trading #USD/JPY #CPI #Economy #PMI CPI data in Tokyo was published today. According to the results of the month, the core CPI increased by 0.3%, but dropped to 3.3% in annual terms from 4.3%. The broad CPI dropped to 3.4% from 4.4% in annual terms. This is not bad and provides support for JPY. […]
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#markets #Fed #globaleconomy Although the cryptocurrency market is working, volatility is extremely low. The BTC price has been frozen in a narrow corridor of $16900 – 16725 since Friday. At the same time, portions of negative forecasts are starting to “pour” into the market: SPI Asset Management: The Fed is going to tighten financial conditions […]
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Fresh Key Market News: BOC raises interest rates by 50 basis points to 1.50% as expected The US Central Bank’s consumer confidence index fell from 108.6 to 106.4. Britain’s BRC price index rises 2.7% to 2.8% Japan’s first-quarter capital spending rose 3.0% vs. 3.7% forecast, 4.3% earlier Australia’s AIG manufacturing index declined from 58.5 to […]
read moreBy: jiannis
Major Moves One of my favorite economic reports is produced by the Institute of Supply Management, a manufacturing trade organization. Its monthly survey of purchasing managers called the Purchasing Managers’ Index (PMI) is useful because it summarizes current activity and expectations among purchasers for the future. The PMI report is important because it measures manufacturer sentiment […]
read moreBy: jiannis
Major Moves After getting the shocking news last month that the U.S. economy had created only 33,000 new jobs in February, investors have been optimistically nervous all week as they have waited for the March Nonfarm Payrolls number from the Bureau of Labor Statistics (BLS). Investors were optimistic because they have seen multiple instances since the “Great Recession” […]
read moreBy: jiannis
The S&P 500 Index (SPX) has rallied by 22.7% from its December low, closing at 2,879.39 on April 4, just 2.1% below its all-time high of 2,940.91 set in Sept. 2018. Marko Kolanovic, JPMorgan’s global head of macro quantitative and derivatives strategy, had forecasted that the widely-followed market barometer would reach the 3,000 plateau by the […]
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