<p>The report from The Guardian <a href="https://www.theguardian.com/uk-news/2023/dec/20/no-10-drops-planned-end-of-year-sunak-speech-on-immigration?CMP=twt_b-gdnnews" target="_blank" rel="nofollow">here</a> outlines that the proposal for such a speech has now been scrapped over the Conservative party
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ForexLive Asia-Pacific FX news wrap: USD/JPY back under 143.00
<ul><li><a href="https://www.forexlive.com/centralbank/european-central-bank-chief-economist-lane-speaking-on-policy-in-ireland-on-thursday-20231221/">European Central Bank chief economist Lane speaking on policy in Ireland on Thursday</a></li><li><a href="https://www.forexlive.com/news/china-su
European Central Bank chief economist Lane speaking on policy in Ireland on Thursday
<p> Executive Board member Philip Lane, the European Central Bank's chief economist, spoke on Wednesday:</p><ul><li><a href="https://www.forexlive.com/centralbank/ecbs-lane-disinflation-is-happening-but-not-necessarily-persistent-20231220/" target="_blank" rel="follow" data-article-link=
China suspends tariff cuts on some Taiwanese imports amid heightened concerns
<p>China's Ministry of Finance has said China will terminate some tariff cuts on imports from Taiwan from January 1.</p><ul><li>the tariff cuts will be suspended for 12 products including acrylic and p-xylene</li><li>the tariff cuts were ended due to "discriminatory prohibitions and restrictions" T
USD/JPY dropping under 143.00 – signs of higher inflation in Japan weighing
<p>Japan's Cabinet Office<a href="https://www.forexlive.com/news/japans-government-raises-its-gdp-growth-estimates-for-fy202324-and-fy202425-20231221/" target="_blank" rel="follow"> forecast consumer prices to rise 3.0% </a></p><p>And tomorrow we'll get data showing core inflatio
Japan's government raises its GDP growth estimates for FY2023/24 and FY2024/25
<p>Japan's Cabinet Office revised the estimates in its twice-yearly economic outlook published today, Thursday, 21 December.</p><ul><li>real economic growth rate for fiscal 2023/24 is estimated at 1.6%, up from 1.3% seen half a year ago</li><li>fiscal 2024/25 economic growth projection was bumped up to 1.3%,
Forex Today: USD/CAD Hits 4-Month Low on Oil Tailwind – 21 December 2023
USD/CAD Hits 4-Month Low as Crude Oil Continues to Gain; Greenback Weakening Again US Stock Indices Pull Back From Highs; Lower UK Inflation Suggests 1% Rate Cuts in 2024
ECB’s Kazaks: Rates to remain at 4.00% for some time, first rate cut could come around mid-2024
The European Central Bank (ECB) Governing Council member Martins Kazaks said late Wednesday that the central bank needs to keep interest rates at the current level for some time, but the first rate cut could come later than investors are pricing around the mid-2024 Key quotes “Most likely it looks like in the middle of […]
SEDG Class Action Alert: Robbins LLP Reminds Investors of Lead Plaintiff Deadline in SolarEdge Technologies, Inc. Class Action
<p>SAN DIEGO, Dec. 20, 2023 (GLOBE NEWSWIRE) — Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired SolarEdge Technologies, Inc. (NASDAQ: SEDG) securities between February 22, 2022 and October 19, 2023. SolarEdge provides inverter solutions for a
MRCY Class Action Alert: Robbins LLP Reminds Investors of Lead Plaintiff Deadline in Mercury Systems, Inc. Class Action
<p>SAN DIEGO, Dec. 20, 2023 (GLOBE NEWSWIRE) — Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Mercury Systems, Inc. (NASDAQ: MRCY) common stock between December 7, 2020 and June 23, 2023. Mercury is a technology company that produces co