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Unexpected Drop In Japan’s Inflation Despite Pro-Inflation Factors

March 2, 2023

#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. […]

The drop in oil due to the Shanghai lockdown has come to the fore, bypassing Ukraine’s martial law with Russia

April 26, 2022

By: Michael Mavromatis

Despite hostilities in Ukraine and the EU considering a ban on Russian oil to reduce supply, growth fears have not materialized as the strictest lockdown in China, the world’s largest oil importer, has come to the fore, driving the price down. Oil benchmark Brent and WTI on Friday recorded the third weekly decline in 4 […]