Japanese Yen Melts as Fed and BoJ Policies Diverge. How High for USD/JPY?
The Japanese Yen is at 20-year lows against the US Dollar as the Fed and Bank of Japan go down different roads. Where to for USD/JPY?
Japan cant Stop Yen Collapse
The pressure on the Japanese yen persists in the markets. The USDJPY has been hitting 20year highs almost daily since last week, rising 11.8 to 128.40 since early March. Since the beginning of the year, the yield spread between the 10year US and Japanese bonds has doubled to 2.7, on the back of rising US […]
Equities Forecast Q2 2022: Fed Policy Remains the Biggest Risk for Equity Markets
A volatile first quarter for US equities, which grappled with not only an inflation-fighting Federal Reserve but also increased geopolitical tensions.
US Dollar, USD/JPY, USD/CNH Gain as Wall Street, Treasury Yields Rise. PBOC Cut Next?
The US Dollar extended its advance against the Japanese Yen as stocks and Treasury yields gained on Wall Street. USD/CNH broke above a year-long trendline ahead of expected PBOC cuts.
China Q1 Accommodation, Catering Sector Shrinks for First Time since 2020
BEIJING, April 19 Reuters China39;s accommodation and catering sector contracted in JanuaryMarch from a year earlier for the first time since 2020, pointing to increasingly flagging consumption weakened by COVID curbs on travel and socialdistancing rules. The sector39;s output shrank by an inflationadjusted 0.3 in JanuaryMarch to 386.1 billion yuan 60.6 billion, the National Bureau […]
Gold Price Forecast: Rising US Real Yields Undercut Rally – Levels for XAU/USD
Gold prices have dropped below key technical levels amid an important fundamental shift in interest rates.
Oil Volatile as Libya Outage Fuels Supply Woes
April 19 Reuters Oil prices seesawed on Tuesday as investors fretted over tight global supplies after Libya halted some exports and as factories in Shanghai prepared to reopen post a COVID19 shutdown, easing some demand worries. Brent crude was down 26 cents, or 0.23, to 112.90 a barrel at 0643 GMT, after rising more than […]
Top 5 Types of Doji Candlesticks
Discover how Doji patterns are formed and how to identify 5 of the most commonly traded types.
RollsRoyce Expecting UK Approval for Mini Nuclear Reactor
April 19 Reuters A RollsRoyce design for a small modular nuclear reactor SMR will likely receive UK regulatory approval by mid2024 and be able to produce grid power by 2029, Paul Stein, chairman of RollsRoyce Small Modular Reactors, told Reuters. The British government asked its nuclear regulator to start the approval process in March, having backed […]
AMP Confirms in Talks to Sell Investment Management Unit
April 19 Reuters Australian wealth manager AMP Ltd confirmed on Tuesday it was in talks with multiple parties, including real estate firm Dexus, for a potential sale of assets and businesses of its investment management unit Collimate Capital, formerly AMP Capital. The announcement comes after media reports indicated AMP was in discussions to sell Collimate in […]