Blogs

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-jpy32.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>Japanese Yen continues its

<ul><li>The near-term economic outlook remains weak in line with our projections</li><li>Financial conditions have loosened more than projected, while energy prices have been weaker</li><li>The drop in unemployment to a historical low confirms continued strong resilience in labour markets, which is broadly in lin

<p>Bailey's speech isn't scheduled for an hour, so these are crossing early.</p><ul><li>The UK hasn't seen a jump in unemployment</li><li>UK household incomes have risen in recent months</li><li>These factors mitigate impact of higher rates</li><li>The events in the Middle E

<p>The ECB's Isabel Schabel will be doing a live #AskECB event on twitter starting imminently.</p><p>These events have had some decent headlines int he past.</p> This article was written by Adam Button at www.forexlive.com.

<ul><li>Red sea attacks have been aided and abetted by Iran</li></ul> This article was written by Adam Button at www.forexlive.com.

<ul><li>Prior was 5503K</li></ul><ul><li>Gasoline +8029K vs 2489K exp</li><li>Distillates +6528K vs +2382K exp</li><li>Refinery utilization -0.6% vs -0.8% exp</li><li>Production 13.2 mbpd to 13.2 mbpd</li><li>Impld mogas demand: 8.33mbpd vs 7.95mbpd prior</li>

<p>USD/JPY is in focus today after <a href="https://www.forexlive.com/centralbank/japan-november-wages-data-shows-another-deep-fall-20240109/" target="_blank" rel="follow">November wage data </a>showed another deep fall, potentially derailing plans for the Bank of Japan to begin normalizing policy thi

<ul><li>Prior was -1.3% (revised to -1.5%)</li><li>Inventories -0.2% vs -0.2% expected</li></ul><p>This is a low-tier report but inventories are an important part of GDP.</p> This article was written by Adam Button at www.forexlive.com.

<p>Via a note from HSBC, analysts at the bank expect equities to take a breather:</p><ul><li>“we remain constructive on equities strategically"</li><li>"we expect a temporary pause in the rally” </li><li>“Global equities have overshot our machine learning (ML) model’s prediction by 10% over

<p>Building permits data from New Zealand for November 2023 came in at -10.6% m/m</p><ul><li>prior +8.5%</li></ul><p>While this is an ugly data point the thing about building consents is that the m/m can be very volatile. The "lumpiness" comes from the ebb and flow of multi-unti developments in th