by | Dec 7, 2021 | Forex news
Prior was +1033.7B Estimates ranged from +916B to +1528B Trade balance -186.8B vs -450.3B expected The trade numbers are a tailwind for the yen and will continue to be as it remains depressed. Japan trade balance
by | Dec 7, 2021 | Forex news
Japan’s economy contracted in Q3 on covid disruptions in a sign that it will be long struggle to ever raise interest rates. GDP annualized -3.6% vs -3.1% expected (first estimate was -3.0%) Private consumption -1.3% vs -1.1% prelim External demand 0.0% vs +0.1%...
by | Dec 7, 2021 | Forex news
The manufacturing Tankan from Reuters hit +22 from +13 a month ago in a climb to the best level in four months. The non-manufacturing index rose to +6 from +1. That’s the best in 22-months but likely doesn’t fully capture the worries about omicron. The yen...
by | Dec 7, 2021 | Forex news
Testing picked back up in South Africa yesterday, leading to a jump in cases but the percentage of positive cases ebbed slightly in what could be an encouraging sign. 23 Nov: 605 24 Nov: 1018 25 Nov : 1950 26 Nov : 2173 27 Nov : 2629 28 Nov : 2308 29 Nov :...
by | Dec 7, 2021 | Forex news
USD/CAD remains on the back foot around 1.2650, following the heavy fall to refresh a two-week low. That said, the quote seesaws of late as Asian trad
by | Dec 7, 2021 | Forex news
As per the latest report from Reuters Tankan Survey, “Japanese manufacturers’ business confidence index rose to a four-month high in December as suppl
