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Bank of Japan June Meeting Summary Shows Members Agree High Costs Hurting Consumers.
Bank of Japan board members noted that high costs of living are hurting consumer spending but they appeared divided over…
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Cryptocurrency
Bitcoin’s Double Top Suggests BTC Could Fall to $50K
Bitcoin (BTC) has carved out a double-top price pattern, signaling a potential bearish trend change ahead of key data release…
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United States Housing Market Strains Under the Weight of Higher Rates and Prices..
Data out this week was largely tilted to the housing market, providing an update on where things stand in the…
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ECB Can Start Worrying About Growth, Not Inflation
Cutting rates? That was the easy part. As widely expected, the European Central Bank on Thursday lowered borrowing costs for…
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Saudi Arabia Set for $11.2 Billion Haul From Aramco Sale
The government is expected to sell almost 1.55 billion shares for 27.25 Saudi riyals ($7.27) apiece, people familiar with the…
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The Wiggle Room Around 2% Inflation Targets
This week’s milestone G7 interest rate cuts dispel any notion that hitting 2%inflation targets spot on is a precondition for…
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The Reserve Bank of India Delivers a Hawkish Hold
Surprisingly interesting meeting On paper, this should have been a routine meeting with nothing much to report. India’s headline…
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U.S. May Non-farm Payrolls Outlook: Government Employment Could Be Decisive
The U.S. Bureau of Labor Statistics will release the non-farm payroll report for May on June 7, EST. The significant…
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Pound Sterling Loses Ground After Euro-Zone Wages Data And BoE Talks
The latest Euro-Zone wages data triggered fresh doubts whether an April ECB interest rate cut was realistic and GBP/EUR lost…
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Canadian Dollar Looses Value As CPI Data Bolsters Bets Of Bank Of Canada April Rate Cut
The Canadian Dollar weakened against its U.S. counterpart today, and against most major currencies as Canadian inflation data for January…
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