Economics
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Today’s session will be dominated by preliminary PMI readings for May. These indicators will be closely watched by investors for new…
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BoJ’s Noguchi: Japan’s economy is growing steadily
Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the Japanese economy is growing steadily. Noguchi further stated…
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US House Rules Committee approves US President Donald Trump’s sweeping tax-cut bill
Update: The House Rules Committee approves US President Donald Trump’s sweeping tax-cut bill. US House rules Rules Committee stated that a full house…
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UK CPI likely to surge sharply in April, pressuring BoE’s easing plans
The United Kingdom’s Office for National Statistics will publish the April CPI data on Wednesday. Inflation, as measured by the…
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Economic Calendar – Canadian CPI And Euro-zone Data in Focus
Today’s economic calendar features key central bank decisions with China’s PBoC cutting benchmark rates and the RBA expected to deliver…
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Breaking: RBA cuts interest rate by 25 bps to 3.85% as expected
The Reserve Bank of Australia (RBA) board members decided to lower the Official Cash Rate (OCR) by 25 basis points…
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Economic Calendar – EU Inflation in The Spotlight
Monday’s economic calendar is typically light. The overnight data from China carry the most weight for market sentiment and FX:…
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Moody’s downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth
Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the…
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Economic Calendar – U.S. Housing Data, Consumer Sentiment And EU Forecasts in Focus
Today’s economic calendar features key US housing market data and consumer sentiment readings, alongside EU economic forecasts and trade balance…
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Japan’s GDP contracts 0.2% QoQ in Q1 2025 vs -0.1 expected
The Japanese economy contracted by 0.2% over the quarter in the first quarter (Q1) of 2025, following a growth of 0.6% in…
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