• Japan’s Q1 GDP falls faster than expected
• Data raises questions about when the BOJ will lift interest rates.
• Yen's weakness complicates picture for BoJ
• Japan's real wages fell for a 24th consecutive month
Japan's economy fell faster than expected in the first quarter. Preliminary gross domestic product data from the Cabinet Office on Thursday showed...
Today, investors are looking forward to the CPI data since we used to see fluctuations in the markets every time the data was released; the CPI in the previous year ranged between 3.7% at the highest and 3% at the lowest.
If it remains within the same range, we would expect no significant changes; nevertheless, any number above 3.7% or below 3% will cause...
The Bank of England announces its latest interest rate decision on May 9th. While the central bank is not expected to alter interest rates, investors will be focusing on two key questions that they hope the accompanying report and press conference will answer:
• When will interest rates start to fall in 2024?
• Where does the Bank see inflation going this...
- The U.S. Dollar Index witnesses 1% decline
- RBA expected to maintain rates for longer
- BOE likelihood of rate cuts rises
- Release of key inflation indicators in China: CPI and PPI
Last Week's Major Events
Last week, the U.S. Dollar witnessed a decline of approximately 1%. The move came as a result of multiple factors explained below.
On Wednesday, May...
