UPCOMING EVENTS: Tuesday: Japan Industrial Production and Retail Sales, Australia Retail Sales, China PMIs, China Caixin Manufacturing PMI, Eurozone CPI, Canada GDP, US ECI, US Consumer Confidence.Wednesday: New Zealand Jobs data, Canada Manufacturing PMI, US ADP, Treasury Refunding Announcement, US ISM Manufacturing PMI, US Job Openings, FOMC Policy Decision.Thursday: Switzerland CPI, Swiss Manufacturing PMI, US […]
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The weakening yen is unpopular in Japan and pressure is mounting on politicians for action but there are no easy answers. I spoke with BNNBloomberg about the issues: 1) Rate differentials are the driver. You can buy a 10-year Japanese government bond and get 0.9% per year or buy a US 10 and get 4.7%. […]
At ForexLive, we work in the news business and I make it our mission to deliver news and analysis that can help people make money in financial markets, or at least understand what’s going on. I’ve always gravitated towards financial news because it’s the one industry where there’s a scorecard. You can still get away […]