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The index extends the bearishness to the 105.60 region. The better tone in the risk complex put the dollar under pressure. Final Manufacturing PMI, ISM Manufacturing PMI next on tap. The greenback, in terms...

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Forex

Stalled Minimum Wage Talks in Japan resume Monday, 30 yen rise being considered.

James Rogers 1 sierpnia, 2022 0 Comment

Japan’s Labor ministry says talks will resume today. A subcommittee of the Central Minimum Wages Council, which advises the labor minister, will meet to discuss minimum wages for fiscal 2022, which started in April....

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Forex

Italian GDP growth unexpectedly accelerated to 1% in the second quarter

Caroline Alberta 29 lipca, 2022 0 Comment

Italy’s economy grew by 1% in the second quarter compared to the previous three months, preliminary data from the statistical agency Istat showed. In the first quarter, quarterly GDP growth was 0.3%. Analysts polled...

1 Minute

Commodities

Hungary: Orban hopes to sign a gas agreement with Russia this summer

Caroline Alberta 29 lipca, 2022 0 Comment

Hungary hopes to sign a deal with Russia guaranteeing additional gas deliveries of around 700 million cubic meters by the end of the summer, Prime Minister Viktor Orban said on the radio public Friday....

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Business

Auchan’s revenue for 2021 grew by 2%

Caroline Alberta 29 lipca, 2022 0 Comment

The revenue of the Auchan retailer in 2021 increased by 2% compared to the previous year, the company said. “According to the results of 2021, the company’s total revenue increased by 2%. EBITDA progress...

0 Minutes

Forex

USD/JPY: Incremental Gains as Storm of Volatility Lies Ahead

James Rogers 28 lipca, 2022 0 Comment

The USD/JPY has produced almost seemingly polite incremental gains the past two days of trading and is approaching intriguing short term resistance. Speculators watching the USD/JPY may perceive the USD/JPY has demonstrated rather tranquil...

0 Minutes

Forex

People’s Bank of China mobilizing US$148bn property developer bailout

James Rogers 28 lipca, 2022 0 Comment

Headlines via Reuters. Adding: PBOC will initially issue circa CNY200bn of low interest loans, rate around 1.75, to state commercial banks banks to use the PBOC loans along with their own funds to refinance...

1 Minute

Forex

Dow Jones Technical Analysis: Trying to Drain its Overbought

James Rogers 27 lipca, 2022 0 Comment

The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses in its last sessions, by -0.71%. It lost the index by -228.50 points and settled at the end of trading...

0 Minutes

Forex

European equities open slightly higher to start the day

James Rogers 27 lipca, 2022 0 Comment

Eurostoxx +0.3% Germany DAX +0.4% France CAC 40 flat UK FTSE +0.4% Spain IBEX +0.4% This chips away at some of the losses to start the new week, with the mood helped by a...

1 Minute

Forex

USD/JPY Forecast: USD Recovers Against Japanese Yen

James Rogers 26 lipca, 2022 0 Comment

The USD/JPY currency pair rallied a bit Monday as the Japanese yen recovery has stalled. At this point, the ¥136 level is an area that a lot of people will pay attention to. If we were...

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