<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-china-6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>China’s Caixin PM
Blogs
Japan’s PMI services finalized at 50.8, weakening in a year of strong growth
<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-japan5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>Japan’s PMI Services for N
Japan’s Tokyo CPI core slows to 2.3% yoy in Nov, core-core still stick at 3.6% yoy
<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-japan5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p> <p>November’s inflation data
Aussie Dips Following RBA, With Loonie and Kiwi Also Impacted by Risk Aversion
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-aud118.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content
ECB's Schnabel: Further rate hikes "rather unlikely" after latest inflation data
<ul><li>Inflation developments are encouraging, fall in core prices remarkable</li><li>Must be careful about guiding policy for many months out</li><li>Current level of restriction is sufficient, has increased confidence 2% target will be met in 2025</li><li>Further rate hikes "rather unlikely&qu
RBI intervention to sell US dollars against INR
<p>Reuters citing unnamed dealers for the information that the Reserve Bank of India likely sold US dollars on Tuesday to prevent further losses in the rupee.</p><ul><li>INR hovered near its lifetime low of 83.42, five traders told Reuters</li><li>"They do not want the pair to rise above 83.38-83.40 levels,
AUD/USD is lower after the RBA 'on hold' policy decision and less hawkish rhetoric
<p>The post on the outcome of the meeting is here, with a summary of the statement:</p><ul><li><a href="https://www.forexlive.com/centralbank/reserve-bank-of-australia-leaves-the-cash-rate-unchanged-at-435-as-expected-20231205/" target="_blank" rel="follow" data-article-link="true"&
Reserve Bank of Australia leaves the cash rate unchanged at 4.35%, as expected
<p>Reserve Bank of Australia (RBA)</p><p>Headlines via Reuters:</p><ul><li>Whether further tightening of monetary policy is required to ensure that inflation returns to target in a reasonable timeframe will depend upon the data and the evolving assessment of risks</li><li>Board remains resolute in its
Driving stock market volatility: Morgan Stanley warns of fluctuations mid rate cut hopes
<p>Morgan Stanley equity strategists have warned their clients about potential volatility in the stock markets this month due to fluctuating rates. </p><p>Pointing out the current active narrative of expectations that the Federal Reserve can implement rate cuts next year as inflation falls, saying:</p><ul><li>130
A break of the range of estimates for ISM Services PMI should prompt extended market move
<p>The ISM Services PMI (Purchasing Managers' Index) is due Tuesday, 5 December 2023 at 10am US Eastern time.</p><p>The range of estimates is 50.5 to 53.5, results outside of this range should be more likely to generate an extended market response.</p><p>Its released by the Institute for Supply Management (ISM)<