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Japan January retail sales +3.9% y/y (expected +4.0%)

Japan January retail sales +3.9% y/y (expected +4.0%)

Japan January retail sales +3.9% y/y expected +4.0% prior +3.5% The data of focus so far from Japan has been: Tokyo February headline CPI +2.9% y/y vs. +3.2% expected The yen has weakened on the CPI data, at the margin it suggests less urgency on Bank of Japan rate hikes. This article was written by […]

Official China February PMIs will be published on the weekend – improvement expected

Official China February PMIs will be published on the weekend – improvement expected

Manufacturing and service are both expected to improve over January. manufacturing is expected to move into expansion. Looking at recent history: Manufacturing PMI: July 2024: The manufacturing PMI stood at 49.4, a slight decrease of 0.1 from June, indicating a marginal contraction in manufacturing activity. August 2024: The index declined further to 49.1, suggesting a […]

Trump speaking Friday at 9am, 1pm

Trump speaking Friday at 9am, 1pm

Heads up for muddled comments on on again-off again tariffs. Speaks with media at 9 am US Eastern time / 2 pm GMT Press conference at 1 pm US Eastern time with the President of Ukraine / 6 pm GMT The off to Florida for some golf over the weekend. This article was written by […]

Trump endorses CR (government funding bill) through September.

Trump endorses CR (government funding bill) through September.

Trump with a ‘tweet’ on his own social media oputler. In breif: The Budget from last YEAR is still not done. We are working very hard with the House and Senate to pass a clean, temporary government funding Bill (“CR”) to the end of September. Let’s get it done! Trump’s seal of approval should prompt […]

Bitcoin under 80K | Forexlive

Bitcoin under 80K | Forexlive

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]