Japan's consumer confidence in April dipped lower to 41.5 for its first negative reading since Dec last year. Japan's inflation at the wholesale level dipped lower to minus 2.1 percent(Y/Y) for the first negative reading…
Japan's consumer confidence in April dipped lower to 41.5 for its first negative reading since Dec last year. Japan's inflation at the wholesale level dipped lower to minus 2.1 percent(Y/Y) for the first negative reading since March 2013. This was in line with market expectations and was a result of the "base effect" of the April 2014 sales tax increase.
BoJ Gov Kuroda in a speech earlier today mentioned that he did not see an immediate need for further monetary easing as broad trend of inflation is improving steadily. He acknowledged that the timing for achieving the target of 2 percent for inflation has been delayed due to the effect of fall in oil prices.
The USD/JPY has been steady and had not participated in the recent US Dollar weakness. This currency pair has traded a rather narrow range over the last few weeks as the rally at the long end of the US Treasury curve has offset the weakness in equities.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
