<ul><li>Wants to aim for new era in society where economy, wages, and prices are all growing</li><li>Passing on labour costs is more difficult among smaller firms</li><li>Smaller firms hold the key for wage growth in Japan from now on</li><li>Rengo has not discussed yet on how BOJ's monetary poli
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Bond yields hold lower ahead of European trading
<p>10-year Treasury yields are down around 3 bps to 4.097% on the day as yields are keeping lower ahead of European trading. The week has been exemplified by a push and pull mood with the high having touched 4.192% and the low being 4.075% on Monday. As you can see, we're much closer to the […]
EUR/USD on the edge after the drop yesterday
<p>To be fair, Lagarde's speech went about as one would thought it would have. She acknowledged better inflation developments while reaffirming a more data-dependent approach. While she did say that it is fairly premature to discuss rate cuts now, she did mention that one should not be "fixated on the calendar". Adding to that,
Nomura forecasts Fed rate cuts of 25bp in May, July, September and December 2024
<p>The headline info comes via Reuters with no further details. </p><p>100bp of cuts in total to come from the year.</p><p>25bp in each of</p><ul><li>May</li><li>July</li><li>September</li><li>December</li></ul> This article was written by Eamonn Sherida
ForexLive Asia-Pacific FX news wrap: Tokyo inflation collapse, yen loses ground
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Tesla Stock News: TSLA suffers worst day in more than a year as 2024 outlook uncertain
Tesla (TSLA) stock plummeted 12.13% on Thursday, the electric vehicle (EV) company’s worst outing, percentage-wise, since January 3, 2023.
NZD/USD remains on the defensive above the 0.6100 mark, focus on US PCE data
The NZD/USD pair trades on a weaker note above the 0.6100 mark during the early Asian session on Friday.
Goldman Sachs preview what to expect in the US inflation data due later
<p>US inflation data is due on Friday, 26 January 2024 at 8.30 am US Eastern time: </p><p>Goldman Sachs preview:</p><ul><li>forecast for core PCE inflation in December is 0.18%, translating to a six-month annualized rate of 1.88% and a YoY rate of 2.94%. </li><li>This reflects the Fed's primary m
Is the worst over for Bitcoin?
<p>Until recently, traders were able to buy the bigge</p> <p>The post <a href="https://forextv.com/bitcoin-news/is-the-worst-over-for-bitcoin/">Is the worst over for Bitcoin?</a> appeared first on <a href="https://forextv.com">ForexTV</a>.</p>
Bitcoin ETFs Make the Crypto More Like the S&P 500, Analyst Says. Why That’s a Bad Thing.
<p>Bitcoin is acting more and more like the S&P 500, </p> <p>The post <a href="https://forextv.com/bitcoin-news/bitcoin-etfs-make-the-crypto-more-like-the-sp-500-analyst-says-why-thats-a-bad-thing/">Bitcoin ETFs Make the Crypto More Like the S&P 500, Analyst Says. Why That’s a Bad Thing.</a> appe