Forex
Japanese Labor Talks Forecast Big Wage Hikes; BOJ Interest Rate Decision Looms
Japan’s largest business lobby, Keidanren, and trade unions began their annual labor negotiations today, Wednesday.Expectations are for another round of significant wage increases....
USD/INR holds steady as Trump threatens China with tariffs
The Indian Rupee (INR) flat lines on Wednesday. The persistent US Dollar (USD) buying from foreign portfolio investors and local oil companies could...
ECB President Lagarde speaking Wednesday. Villeroy and Knot also.
Times below are in GMT/US Eastern time format:0900/0400 ECB Governing Council member and Bank of France governor Francois Villeroy de Galhau to speak...
Japanese Yen drifts lower against USD; downside seems limited amid BoJ rate hike bets
The Japanese Yen (JPY) edges lower against its American counterpart during the Asian session on Wednesday, though it remains close to over a...
Internet cables to Matsu Islands (Taiwan) have been severed
These Taiwanese islands are super-close to the mainland.Reports that the undersea cables linking the isl This article was written by Eamonn Sheridan at...
Australian Dollar edges lower as Trump administration considers tariff on Chinese imports
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) on Wednesday.
RBNZ Sectoral Factor Inflation Model arrives at 3.1% YoY in Q4 2024
The Reserve Bank of New Zealand (RBNZ) published its Sectoral Factor Model Inflation gauge for the fourth quarter of 2024, following the release...
RBNZ’s own preferred inflation model 3.1% y/y for Q4 2024 (prior 3.4%)
Earlier today we had the official CPI data from NZ: New Zealand Q4 2024 CPI slightly higher than expectedFrom the Reserve Bank of...
Japan’s Rengo agrees with BoJ that there is wage hike momentum in regions
With markets fully pricing in an interest rate hike by the Bank of Japan (BoJ) on Friday, the head of Rengo – Japan’s...
Japan PM Ishiba will speak this week – to highlight pay hikes
Japanese Prime Minister Shigeru Ishiba will emphasize strong wage growth surpassing inflation as a key element of his economic revival strategy in an...