Blogs

<p>Japan media, Nikkei, says the BOJ will revise its CPI forecasts today:</p><ul><li>The Bank of Japan will revise its forecast for the rate of increase in the consumer price index (excluding fresh food) through fiscal 2025, and will assess the sustainability of the virtuous cycle between wages and prices.</li></ul&

<p>Snippet comments from CIB on investors piling into stocks:</p><ul><li>“Investor optimism had been driven by the belief there would be aggressive rate cuts by the Fed </li><li>Now investor belief has pivoted to view the economy as bullet-proof. </li><li>No matter how high interest rates go, the econ

<ul><li><a href="https://www.forexlive.com/news/us-stocks-close-higher-to-start-the-trading-week-20240122/">US stocks close higher to start the trading week</a></li><li><a href="https://www.forexlive.com/technical-analysis/bitcoin-trades-below-40000-first-time-since-december-3-20240122/">

<p>US officials confirm a fresh round of military action (air strikes) against Iran-back Houthi terrorist targets in Yemen:</p><ul><li> "large-scale air and missile strikes" says a UK official</li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>BNZ – BusinessNZ Performance of Services Index (PSI) fell back into contraction during December.</p><p>PSI for December was 48.8</p><ul><li> down 2.3 points from November</li><li>well under the long-term average of 53.4</li></ul><p> BNZ comment:</p><ul><li>“the s

<p>Reserve Bank of New Zealand consultation on DTI and LVR settings, will close on March 12. </p><p>In summary, Headlines via Reuters:</p><ul><li> Launched consultation on activating debt to income (DTI) restrictions and loosening loan to value ratios (LVRs) for residential lending</li><li>Propose to

<p>Major US stock indices are closing higher. The S&amp;P and Dow 30 indices are both closing at record levels. The Nasdaq index is closing at the highest level since January 4, 2022. The high) for the NASDAQ index was back on November 19, 2021 at 16057.44. The high intraday price was reached on November 22 […]

<p>I popped up a preview of the Bank of Japan here:</p><ul><li><a href="https://www.forexlive.com/centralbank/bank-of-japan-statement-due-tuesday-no-change-expected-but-the-boj-does-like-a-surprise-20240122/" target="_blank" rel="follow" data-article-link="true">Bank of Japan sta

<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>The price of Bitcoin is trading to a new session low, and in the process, the price is breaking below the $40,000 level for the first time since December 4. The price is also falling below it 38.2% retracement of the move up from the September 12 low to the January 11 high. The level […]