Japan Tokyo Consumer Price Index (YoY) declined to 1.5% in January from previous 2%
Japan Tokyo Consumer Price Index (YoY) declined to 1.5% in January from previous 2%
Japan Tokyo CPI ex Food, Energy (YoY) registered at 2%, below expectations (2.2%) in January
Japan Tokyo CPI ex Food, Energy (YoY) registered at 2%, below expectations (2.2%) in January
Japan Jobs / Applicants Ratio registered at 1.19 above expectations (1.18) in December
Japan Jobs / Applicants Ratio registered at 1.19 above expectations (1.18) in December
South Korea Service Sector Output climbed from previous 0.7% to 1.1% in December
South Korea Service Sector Output climbed from previous 0.7% to 1.1% in December
South Korea Industrial Output (YoY) came in at -0.3%, above expectations (-2.1%) in December
South Korea Industrial Output (YoY) came in at -0.3%, above expectations (-2.1%) in December
South Korea Industrial Output Growth above expectations (0.5%) in December: Actual (1.7%)
South Korea Industrial Output Growth above expectations (0.5%) in December: Actual (1.7%)
Gold trims losses, peaks near $5,600, set for strongest month in decades
Gold (XAU/USD) trims some of its earlier losses on Thursday as traders book profits following the Federal Reserve’s (Fed) monetary policy decision, which barely moved the needle as the yellow metal seems poised to record its best month since the 1980s.
SGD: MAS positioned for inflation risks – Commerzbank
Commerzbank’s FX Research report by Charlie Lay and Moses Lim highlights that the Monetary Authority of Singapore (MAS) has maintained its current policy stance, leaving the SGD NEER unchanged.
Forex Today: Trump slams Powell, US Dollar recovers from four-year lows
Financial markets were choppy on Thursday, with significant volatility during US trading hours. In the absence of other news, the focus was on United States (US) President Donald Trump, who said on Truth Social that the Federal Reserve (Fed) should substantially lower interest rates: “now!
Dow Jones Industrial Average declines amid Microsoft drop and fading AI optimism
US equities faced renewed pressure on Thursday as megacap technology earnings and the Federal Reserve’s (Fed) tepid showing this week weighed on sentiment.
NZD/USD rises for tenth consecutive day on robust NZ trade data
NZD/USD trades higher around 0.6075 on Thursday at the time of writing, posting a gain of 0.40% on the day, marking a tenth consecutive day of gains..
AUD: Outpaces G10 currencies amid heightened RBA rate hike expectations
The Australian Dollar has gained over 6% since the start of the year, making it the best performer among G10 currencies. Market expectations for the Reserve Bank of Australia to raise interest rates have increased, with a probability of over 60% for a hike next Tuesday.
ECB unlikely to intervene despite Euro’s rapid appreciation – TD Securities
TD Securities notes the recent strength of the Euro (EUR), which has appreciated by 4% against the USD in under two weeks, breaking the 1.20 level. The European Central Bank (ECB) has expressed concerns about this move, but it is unlikely to alter its monetary policy stance.
Canada International Merchandise Trade came in at $-2.2B, below expectations ($-0.7B) in November
Canada International Merchandise Trade came in at $-2.2B, below expectations ($-0.7B) in November
Canada Exports: $63.94B (November) vs previous $65.61B
Canada Exports: $63.94B (November) vs previous $65.61B
Canada Imports declined to $66.14B in November from previous $66.19B
Canada Imports declined to $66.14B in November from previous $66.19B
United States Initial Jobless Claims above forecasts (205K) in January 23: Actual (209K)
United States Initial Jobless Claims above forecasts (205K) in January 23: Actual (209K)
United States Goods and Services Trade Balance came in at $-56.8B, below expectations ($-40.5B) in November
United States Goods and Services Trade Balance came in at $-56.8B, below expectations ($-40.5B) in November
United States Initial Jobless Claims 4-week average increased to 206.25K in January 23 from previous 201.5K
United States Initial Jobless Claims 4-week average increased to 206.25K in January 23 from previous 201.5K
EUR/GBP flat as ECB monitors Euro strength, markets eye GDP data
The Euro (EUR) holds firm against the British Pound (GBP) on Thursday, stabilising after coming under pressure in the previous session amid rising speculation that the European Central Bank (ECB) could cut interest rates later this year.