USD/JPY
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The Week Ahead: US Personal Income and Outlays Report Crucial for the Fed
On Thursday, June 27, jobless claims, GDP, and durable goods orders will draw investor interest. Upward trends in durable goods…
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Global Economy: Soft Landing Reinforces Prospect of Higher-for-longer Interest Rates
We forecast global growth of 3.2% this year and 3.4% next year, similar to the 3.2% in 2023. Our growth…
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The Week Ahead: Private Sector PMIs, the BoE and the RBA in Focus
US jobless claims will garner investor interest on Thursday (June 20). Another increase in initial jobless claims would signal a…
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The Week Ahead: The US CPI Report, The FOMC Projections, and The Press Conference
Industrial production figures for the Eurozone will draw investor interest on Thursday. A pickup in production would align with expectations…
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Asia Market News: Equity Markets Rally on Hopes of Fed Rate Cut and BoJ Pivot
The Hang Seng Index rebounded from the Thursday pullback despite no fiscal stimulus measures from Beijing. Nonetheless, investors remained hopeful…
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China Exports Surge 7.1% in February Signaling a Demand Shift
As a result, the US dollar trade surplus widened from $75.34 billion to $125.16 billion. The better-than-expected trade figures drove…
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Asia Market News: Hang Seng Index Slides on China PMIs and Policy Uncertainty
Business activity rose at the slowest pace in three months. New orders from overseas rose at the most marked pace…
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Asia Market News: Nikkei Enters a New Era with 40,000
Key Points: On Monday, the Nikkei broke through the 40,000 barrier for the first time in history. Australian building approval…
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