Blogs

<p>In the latest outlook report for October last year, the BOJ noted the projection for prices for the fiscal year 2024 to be at around 2.7% to 3.1%. So, to have it be brought lower back to around the 2.5% mark is not exactly a good show of confidence that they are seeing inflation to […]

<p>Yields are lower and stocks are slightly higher but the dollar is finding itself in a steadier spot so far on the session. It was slightly softer earlier in Asia but now, we are seeing dollar pairs keep little changed with most trading flattish. That being said, the ranges for the day leave a lot […]

<p>The lower bond yields today is helping to see the dollar keep more sluggish to start European trading. At the same time, equities are also keeping slightly higher on the day. However, it's tough to read much into it when everything could still change after we get to the US CPI data later.</p><p>That is still […]

<p>Here are some comments from the BOJ branch managers for Osaka and Nagoya:</p><ul><li>Many firms in Kansai region have yet to reach decision of wages (Osaka)</li><li>Some big firms appear keen about wage hikes, though there is divergence among smaller firms (Osaka)</li><li>Many firms aware of the ne

<p>This just confirms what we already know from December <a href="https://www.forexlive.com/news/li-qiang-to-lead-chinese-delegation-to-world-economic-forum-in-davos-next-month-report-20231214/" target="_blank" rel="follow">here</a>. For some context, Xi Jinping almost never attends this event with hi

<ul><li>French economy is slowing but more robust than feared</li><li>Confirms 2024 growth estimate for French economy of 0.9%</li></ul><p>But the headline reading applies both to his undertakings for the Bank of France and European Central Bank.</p> This article was written by Justin Low at www.forex

<p>There aren't any major expiries for the day. And on a day like this, the expiries board may not matter too much. All eyes are on the US CPI data coming up later and that will be the key driver for trading sentiment.</p><p>The reaction to the data could see the expiries for EUR/USD and USD/JPY […]

<p>Here are some previews to wrap your heads around the release coming up later:</p><ul><li><a href="https://www.forexlive.com/news/here-is-what-to-watch-for-an-extreme-surprise-in-the-us-cpi-data-today-20240111/" target="_blank" rel="follow">Here is what to watch for an extreme surprise i

<p>Here is the breakdown:</p><p>Looking at the details, the most important one is that the BOJ notes that some big firms have announced plans of wage hikes at or above last year's pace. However, many firms in regional areas have yet to reach a concrete decision on wage hikes as of yet.</p> This article was written [&hel

<ul><li><a href="https://www.forexlive.com/news/got-oil-warren-buffetts-berkshire-hathaway-went-on-a-buying-frenzy-of-occidental-shares-20240111/">Got oil? Warren Buffett's Berkshire Hathaway went on a buying frenzy of Occidental shares</a></li><li><a href="https://www.forexlive.com/central